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Aragon deploys on Polygon (MATIC) to optimize DAO creation
Polygon, an Ethereum-based full-stack scaling solution bringing mass adoption to the Ethereum platform, announced last week that Aragon Client, an Ethereum-based project that makes the creation and management of decentralized autonomous orga
Polygon, the popular scaling solution for Ethereum, and Mina Protocol, a lightweight, smart contracts platform, have announced a bridge to merge the two technologies.
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Key Takeaways
MATIC is down by more than 14% in the past two days.
The downswing could be part of a bear trap.
Technical analysis points to an incoming 62% breakout.
Key Takeaways
Polygon’s MATIC token appears to be heading towards $1.63.
Breaking through this resistance level would likely trigger a new bull run.
Prices must hold above $1.24 for the bullish outlook to prevail.
In brief
Aavegotchi, a crypto game running on Ethereum layer-2 solution Polygon, is holding a large-scale NFT auction.
The auction format rewards users who are outbid by giving them a token reward, which is taken from the amount bid by the new high bidder.
In brief
While Polygon has been helping ease congestion on the Ethereum network, Ethereum 2.0 brings its own suite of scaling solutions.
However, Polygon’s ambitious roadmap includes scaling solutions that will enable it to continue playing a role in ETH2.
The coming arrival of Ethereum 2.
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Terra’s native token LUNA rallied over 31% during the past seven days as the crypto’s price broke another record high crossing $34,3 earlier today.
With a current market cap of roughly $13,4 billion, LUNA witnessed a significant recovery since the May crash, when it was trading just above $4.1.
Having briefly entered the top ten cryptocurrencies by market capitalization earlier this week, Solana has set new all-time highs over the last few days, including today. The SOL token briefly set an ATH of $78.63 in the early hours of this morning UTC, according to crypto data aggregator Nomics.
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A recent price rally in the Polygon (MATIC) market pushed its prices above $1.56 for the first time in more than two months.
In detail, the MATIC/USDT exchange rate rose 20.65% in just two days to reclaim the June 17 high.
Terra’s native token LUNA rallied 79.66% during the past seven days as the protocol developed by South Korean firm Terraform Labs surpassed Polygon (MATIC), recording the third-highest total value locked (TVL) among blockchains.
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