Streetbeat News

MATICUSD

Polygon / US Dollar

Industry

digital currency

Polygon believes in Web3 for all. Polygon is a decentralised Ethereum scaling platform that enables developers to build scalable user-friendly dApps with low transaction fees without ever sacrificing on security.

Open

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

Blackrock's announcement of a Bitcoin ETF has significantly boosted BTC's market cap, surpassing major corporations combined. Ethereum, with its crucial blockchain infrastructure and potential for an ETF, is poised for substantial growth, potentially exceeding a trillion-dollar market cap. The surge in Ethereum could lead to increased activity in DeFi protocols built on its blockchain, such as Arbitrum, Optimism, and Polygon, and decentralized applications like Uniswap and AAVE. The DeFi ecosystem's development and revenue generation set the stage for unprecedented growth and validation.

Portfolio Pulse from Finanflix

March 13, 2024 | 10:27 pm

Ethereum's Dencun upgrade significantly reduces Layer-2 transaction fees, impacting networks like Arbitrum, Polygon, and Coinbase's Base by enabling transactions at a fraction of the previous cost. This update introduces 'blobs' for data storage, reducing operational costs and potentially alleviating network congestion. Following the update, Ethereum's value increased by approximately 75% this year.

Portfolio Pulse from Murtuza Merchant

March 13, 2024 | 5:56 pm

Polygon's (CRYPTO: MATIC) price has surged 7.59% in the last 24 hours, reaching $1.26, with an 18% increase over the past week from $1.06. The coin's all-time high is $2.92. Trading volume has decreased by 46% over the past week, while the circulating supply has risen 1.16% to over 9.28 billion, making up 92.83% of its max supply. MATIC's market cap ranks #16 at $11.82 billion.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 3:00 pm

President Joe Biden's State of the Union speech and Super Tuesday results have positively impacted his odds for the 2024 presidential election, according to Polymarket. Former President Donald Trump also saw improved odds. Polymarket users bet on political outcomes using cryptocurrencies like Polygon (MATIC), USDC, and Ethereum (ETH). Current odds favor Trump at 54% and Biden at 33%. Betting trends indicate a slight shift in favor of the frontrunners, with Biden experiencing the largest increase in dollars wagered.

Portfolio Pulse from Chris Katje

March 08, 2024 | 8:35 pm

Polygon (CRYPTO: MATIC) experienced a 3.01% price decrease over the past 24 hours, falling to $1.13, despite an 11.0% gain over the past week from $1.02. Trading volume for Polygon increased by 28.0% over the week, with its circulating supply now at 9.28 billion, representing 92.83% of its max supply. Polygon's market cap ranks #18 at $10.49 billion.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 7:02 pm

Following Trump's Super Tuesday win and Nikki Haley's exit from the GOP presidential race, interest in Trump-related investments like NFTs, memecoins, and stocks has surged. Trump's NFT collections, especially the latest 'MugShot Edition,' have seen increased sales. Digital World Acquisition Corp (DWAC) shares have risen 152% in 2024, amidst Trump's election lead, despite merger delays and lawsuits. The MAGA memecoin also gained traction, reflecting Trump's political momentum.

Portfolio Pulse from Chris Katje

March 06, 2024 | 5:49 pm

Polygon's (CRYPTO: MATIC) price has seen a significant increase of 4.74% over the past 24 hours, reaching $1.13. Over the last week, MATIC's price has risen over 6%, from $1.05. The coin's trading volume has surged by 22% in the past week, while its circulating supply slightly decreased by 0.08%, now at 92.83% of its max supply. Currently, MATIC's market cap ranks #17, valued at $10.32 billion.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 7:01 pm

Former President Donald Trump is leading in the GOP nomination for the 2024 presidential election, with recent primary wins boosting his odds against Nikki Haley. Crypto bettors on Polymarket are actively placing wagers on states Trump is likely to win or lose during Super Tuesday, with significant attention on states like Oklahoma, Alabama, Tennessee, and Texas for potential big wins. Polymarket users utilize cryptocurrencies like MATIC, USDC, and ETH for betting, with recent polls indicating Trump's strong lead in several key states.

Portfolio Pulse from Chris Katje

March 01, 2024 | 9:46 pm

$6.26M And Rising: Inside Donald Trump's Surging Crypto Portfolio. Donald Trump's venture into the cryptocurrency market has seen his portfolio reach $6.35 million, with significant investments in MAGA Memecoin (TRUMP), Wrapped Ether (WETH), Ethereum (ETH), BABYTRUMP, and Polygon (MATIC). The growth reflects the volatile yet lucrative nature of the crypto market, especially in tokens associated with high-profile personalities. The MAGA Memecoin's Twitter account and crypto Twitter users suggest a bullish outlook as the election approaches.

Portfolio Pulse from Murtuza Merchant

February 29, 2024 | 7:32 am

Polygon (CRYPTO: MATIC) experienced a 3.91% price drop in the last 24 hours, falling to $0.99, despite a 10% gain over the past week. The trading volume has remained stable, while the circulating supply increased by 0.28% to 9.28 billion, representing 92.83% of its max supply. MATIC's market cap ranking is currently #16 at $9.18 billion.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 7:00 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.