Algorithm That's Outperformed the Market Favors Ethereum Scaling Altcoin Above All Crypto Assets for the First Time

A trading robot with a reputation for outperforming the digital asset markets is sharing its newest portfolio allocations amid the ongoing bear market. Every week, the Real Vision Bot conducts surveys to compile algorithmic portfolio assessments that generate a “hive mind” consensus.

Timeline of Polygon

Magic Eden, the cross-chain NFT marketplace, announced plans to integrate with the Polygon network. The expansion will allow Magic Eden “to work closely with strategic IP owners, world-class games developers, and emerging creators from the Polygon ecosystem.

Thousands of traders have left millions of dollars of unclaimed funds on the Ethereum side of its main bridge with Polygon. The post Polygon bridge holds $27 million of unclaimed funds, ZenGo finds appeared first on The Block.

Polygon's active addresses reached 15 billion last month  The reading of MVRV Ratio indicated that the bottom was perhaps close Sandeep Nailwal, the founder of Polygon [MATIC], recently tweeted an important update for the ecosystem. He revealed that Polygon's active addresses reached 15 million in the last 30 days.

Polygon and Uquid in a recent statement announced their partnership aimed at utilizing DeFi and Web3 in all facets of e-commerce. The development serves as a big growth step by the firms in developing Web3 space.

Binance's industry recovery fund has already attracted some big names, with the fund expected to operate for about 6 months. The post Jump Crypto, Polygon Ventures, GSR contribute to Binance's $1 billion recovery fund appeared first on The Block.

Leading Solana NFT marketplace Magic Eden recently announced plans to deploy on Polygon as part of its multichain strategy. The post Solana NFT marketplace Magic Eden expands multichain vision with Polygon integration appeared first on CryptoSlate.

Polygon's MATIC has been on a steady climb since Nov. 22. After starting the day at $0.78, it shot up 7% over the next day and a half to settle down to its current price of $0.84 as of writing on Nov. 23.

Magic Eden announced that it now supports NFTs minted on the Polygon network. Poly-based NFTs have seen more sales in the last month than their counterparts on Ethereum and Solana.

One of the leading cross-chain non-fungible token (NFT) marketplaces, known as Magic Eden, is integrating with the Polygon (MATIC/USD) network. Polygon's zkEVM has also crossed 14,000 transactions since its launch, indicating high network activity.

Even as the FTX-induced downward market continues, Polygon (MATIC) is closely following in the footsteps of its older relative ETH. Despite the bears' dominance this year, many in the cryptocurrency industry see 2023 as the final chapter following a period of uncertainty.