Polygon [MATIC] goes green but will the price follow suit

Polygon MATIC in a recent announcement dated 7 September, stated that their operations would be greener after the Ethereum ETH Merge. With ETH shifting to Proof of Stake (PoS), the Polygon team estimated that 99.91% of their carbon emissions will be reduced.

Timeline of Polygon

Polygon, whose software improves the efficiency of Ethereum blockchain transactions, intends to raise its entire employment by more than 40% this year in order to capitalize on the difficulties of other crypto startups.

Polygon plans on ramping up its hiring by increasing its staff compliment by up to 40% during an ongoing crypto winter. The post Polygon (MATIC) to Increase Workforce by 40% Amidst Crypto Winter appeared first on BeInCrypto.

Investors are increasingly looking for tokens with the potential to produce tremendous long-term returns as the cryptocurrency market matures. Flasko (FLSK), Solana (SOL), and Polygon (MATIC) are three cryptocurrency tokens that could be very successful in the future.

The price of Polygon (MATIC) has struggled to stay above the key support zone of $0.8 as the price of Bitcoin (BTC) showed indecision for weeks as the price moved in a range for weeks between $19,500-$20,000 with the price stalling on the next movement. This has affected the price of altcoins, including Polygon (MATIC), as prices dropped below $0.8 but reclaimed that region quickly.

Polygon [MATIC] had revealed earlier in April 2022 that it was working towards reducing the carbon emissions that emerge from its network. According to the company, achieving the goal of being carbon negative was vital to its “Green Manifesto.

Ripple (XRP) and Polygon (MATIC) are well-known cryptocurrencies that have solidified their positions as top cryptos through significant price increases and ecosystem improvements. As a result, Ripple (XRP) and Polygon (MATIC) have generated enormous profits for their early investors.

A new partnership has been announced between Carrieverse and Polygon to build the Carrieverse metaverse project. The Ethereum scaling solution is expected to host the metaverse project on the Polygon network.

A continous stream of good news for Polygon over the past three months has helped its gas and governance token $MATIC token to gain over 170% (vs USD). What Is Polygon ($MATIC)? 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.

Polygon [MATIC] has become one of the most popular networks for Web3 projects. It has always claimed to be an eco-friendly blockchain with a more energy-efficient PoS consensus mechanism.

MATIC has spiked by as much as 6% today with the crypto landscape having an optimistic vibe the entire week. MATIC looking positive with a surge of 6%  Polygon performance improves following announcement of Robinhood's support for Polygon transactions Around 18 million MATIC transactions made after Robinhood partnership announcement Polygon (MATIC) is dubbed to be the top performer when pitted against the top 20 cryptos in terms of market capitalization as seen in the past three months.