MATIC's close above this range can provoke rally toward $1.18

Polygon's MATIC recent bull run evoked a break beyond the EMA ribbons to reveal a robust buying revival. As the ribbons finally undertook a bullish flip, the $1-zone has been plateauing the streak of green candles.

Timeline of Polygon

The new censorless Polygon Web3 subscription content platform, FrontFanz, has had an ambitious roadmap ahead of them from the start. Ever since they came out from the shadows, FrontFanz's popularity has been steadily growing.

Polygon (MATIC) price prediction relies heavily on the CPI numbers for July. Polygon price soared by 125% since July 1; Analysts spotted a rally of 68% catapulting to an 85% boost in terms of profit.

The Polygon team announced on Wednesday (August 10) that according to data from Web3 development platform Alchemy, there are currently over 37,000 decentralized applications (dApps) powered by Polygon. 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.

DApps on Polygon hit 37,000, which is a 400% increase this year alone. This happens at a time when the number of blockchain-related monthly active teams increased to 11,800 in July from 8,000 in March.

Polygon announced a partnership with gaming publisher Neowiz to launch a new Web3 gaming platform called Intella X, supported by its native IX token. The post Polygon, Neowiz join forces to build new Web3 gaming platform Intella X appeared first on CryptoSlate.

Play-to-own game, Project: Eluüne StarGarden will launch on Polygon sometime next year. It was produced by the makers of the well-known video game Call of Duty for the Arrivant corporation.

The developers of the popular game Call of Duty created another game Project Eluüne: StarGarden, for the company, Arrivant. At first, Arrivant launched the game on the Solana blockchain.

Polygon (MATIC/USD) is a scaling solution that aims to provide a multitude of different tools as a means of improving the speed while also reducing the cost as well as complexities of transactions that occur on top of a blockchain network.

Polygon-based play-to-earn game Dragoma has allegedly been rug pulled, as over $1 million was moved from the project to centralized exchange wallets. The post Over $1M lost in Polygon-based Dragoma rug pull appeared first on CryptoSlate.

Polygon network continues to see impressive growth within its ecosystem. Just a day ago, the Polygon contract address released 13.87% of the total supply to the foundation contract address.