NFT market erupts with $2 billion trading volume in February: Report

The NFT market saw increased sales volume in February. OpenSea Polygon recorded an all-time high in monthly sales volume. The Non-Fungible Token [NFT] market continued to show vigorous growth and attracted a wider range of collectors. The ecosystem saw a substantial increase in trading volume in February, a new report from DappRadar revealed. According to … Read more

Why Polygon could play a key role in mass blockchain adoption despite MATIC’s…

Research expert tipped Polygon to lead the global modular blockchain adoption The MATIC traders interest slowed down after a slight price decrease in the last 24 hours According to a 9 January research released by blockchain maximalist, “100y”, Polygon [MATIC] has a critical part to play in mass modular blockchain adoption. The article, released via … Read more

Ethereum L2 language Cairo’s TVL surpasses Solana’s Rust

Programming language compiler Cairo is now the third largest smart contract language by total value locked (TVL), according to DeFiLlama data. As of Dec. 26, Cairo has a TVL of $418.23 million. In comparison, the programming language of layer1 blockchain networks like Solana’s (SOL) Rust has a TVL of $396.22 million, while Cardano’s (ADA) Haskell … Read more

Can Polygon’s series of updates help MATIC get rid of its year-end woes

Polygon announced its partnership with Warner Music Group and yet-to-launch music NFTs platform LGND Music. The network confirmed that it commenced the first batch of one-third vesting and distribution further to its February fundraising.   Blockchain projects seem to be scampering for end-of-the-year wins following the series of problems that have plagued the ecosystem since the … Read more

Customer Loyalty Platform Versify is Live on Polygon

Versify Labs, a blockchain-based SaaS platform for customer engagement, is now using the Polygon network to power its digital collectibles loyalty offering.  Small and medium-sized businesses can now tap into Web3’s immense potential by seamlessly creating exclusive loyalty programs at scale using digital collectibles backed by non-fungible tokens (NFTs). The NFT-backed loyalty programs – similar … Read more

Polygon Avail’s Ability to Scale: The Way Forward

The Polygon Avail Testnet is now live. As users begin incorporating Avail into their chain designs, a question that often comes up is, “How many transactions can Avail process?” This is the final piece in a three-part series of articles that will address Polygon Avail’s current performance, as well as its ability to scale in … Read more

India Takes Center Stage in Polygon’s Web3: Made in India Tour

Polygon believes that India will be the epicenter of building and adoption of new blockchain technologies, and we want to help. Introducing Polygon’s Web3: Made in India Tour, a rolling celebration of blockchain builders, culminating at the biggest Web3 festivity of all: ETHIndia! With seven Polygon Guild events and the first-ever Polygon Connect: India, we’re … Read more

Polygon Is Coming to Lisbon for Builders Jam & More 

Olá, Lisboa!  Polygon is touching down at the crypto capital of Europe for a fun week of hackathons, workshops and enriching experiences as part of Lisbon Blockchain Week 2022. We have prepared two amazing events — Polygon Builders House and Polygon Builders Jam — and other workshops to help the future builders of Web3 meet … Read more

BitPay Switches on MATIC Payments for Merchants

BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, will begin to support Polygon’s MATIC token this week.  Users can make payments with Polygon’s native token via most popular Polygon wallets. Collectibles marketplace Panini America is among the first merchants to accept MATIC payments. Users of the BitPay app can also buy, store, … Read more

Polygon-Axelar Partnership to Expand Interoperability of Polygon Supernets

Polygon has teamed up with Axelar network, a secure communication layer that connects Web3 ecosystems, to enhance secure cross-chain communications of Polygon Supernets. Polygon Supernets technology allows for the creation of application-specific, scalable, and customizable blockchain networks. Axelar, one of our early adopters, will allow dApp users to securely transfer assets to and from Supernets … Read more