MATIC: This area could be tested before a move toward $0.92

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. In the twelve hours of trading that preceded press time, Bitcoin BTC saw a bounce from the $19.6k support zone to trade at $20.1k at press time.

Timeline of Polygon

Polygon was a notable mover on Friday as the token surged to a two-week high, while volatility in crypto markets eased. Traders have been tense this week ahead of the payrolls report, however following the release of the data, bulls returned to action. Chainlink also rose, hitting a ten-day high in the process.

Polygon is up 10% this week as new brands announced their integration with the MATIC crypto Meta and Robinhood's support for Polygon has helped the crypto to jump 10% in terms of pricing.  Ethereum layer 2 solution Polygon has jumped nearly 10% following its recent integration with leading platforms like Meta and cryptocurrency exchange Robinhood.

Polygon price appears to have received the required push as popular exchange Robinhood adds support to the network. In a recent update, one can easily send & receive MATIC on the Polygon network in addition to the existing Ethereum network.

Be[in]Crypto takes a look at the five cryptocurrencies that increased the most last week, more specifically, from Aug 26 to Sept 2. The post Polygon (MATIC) Breaks out From Six-Month Resistance – Biggest Weekly Gainers appeared first on BeInCrypto.

Retail brokerage Robinhood Markets Inc (NASDAQ: HOOD) has enabled transfers on the Polygon (CRYPTO: MATIC) network. What Happened: Robinhood said on Wednesday that users would be able to send and receive MATIC tokens on Polygon in addition to Ethereum (CRYPTO: ETH).

OpenSea, the NFT marketplace with the highest number of users, has had the Polygon [MATIC] network on its platform for a while. However, the use of the cryptocurrency was extremely limited compared to Ethereum [ETH], which many of its users preferred.

OpenSea's Seaport will now support Polygon  Users will be able to transact and trade NFTs by using MATIC, Polygon's native token OpenSea, one of the leading NFT marketplaces, took to Twitter to announce the integration of layer 2 scaling solution Polygon on Seaport.  Seaport Adds Support For Polygon  OpenSea tweeted that the marketplace is ready to support Polygon via Seaport to “improve the experience for everyone on OpenSea.

Partisia Blockchain's new Unified Smart Contract technology brings multi-party, zero-knowledge computation to Polygon, enabling developers to build new blockchain-based use cases Partisia Blockchain Foundation, an independent non-profit supporting the development of the world's ultimate zero-knowledge blockchain, announced some exciting news for Polygon developers last week. By integrating its Mainnet v3.0 into Polygon, the Ethereum scaling protocol now supports Partisia Blockchain's privacy-preserving computation infrastructure, creating a new type of technology on the blockchain called a Unified Smart Contract.

Liminal, a wallet operations infrastructure, extended its existing partnership with Polygon to offer staking “within the digital wallet platform.” Digital asset holders may now “benefit from the security of Liminal's self-custody wallets along with the earnings potential of staking on Polygon.

The price of Polygon (MATIC) has shown great strength in the past few weeks against Tether as it maintained its bullish sentiment. Despite the retracement across the crypto market, Polygon has shown great strength holding above $0.75 compared to other crypto assets that have lost their key support.