Why Upcoming Polygon (MATIC) Upgrade Can't Come At A Better Time

Polygon MATIC News: Thanks to its technical prowess and support from the community, Polygon (MATIC) blockchain network is steadying itself in the top 10 cryptocurrencies based on market cap. The network entered into significant partnerships with some of the biggest institutional investors in recent times.

Timeline of Polygon

Private market investment company Hamilton Lane has unveiled tokenized investment funds in a deal with digital asset securities firm Securitize and blockchain Polygon. The new tokenized feeder funds would use blockchain technology to give individual investors the same opportunities as their institutional counterparts.

As part of the collaboration, a hybrid metaverse, players can effect change in the real world by removing real trash from the real ocean in any trash NFT they purchase.  According to the announcement, the arctic SaveYour.World is just the beginning of expanding the digital realm to other environments–forests.

In this episode, Polygon Labs President Ryan Wyatt discusses Polygon Labs's approach to business development, how the upcoming release of Polygon's zkEVM will help Ethereum scale, and the future of blockchain gaming.

Polygon price is still moving upward and is comfortably above the $1.20 mark as it continues its ascent toward $2. According to data from CoinMarketCap, the leading Layer-2 blockchain has gained an impressive 67% since the start of the year as the crypto market continues to recover from the extended bearish period of 2022.

Bloomberg senior macro strategist Mike McGlone has shared with the public a fresh outlook on the crypto market and its latest trends. In the report, McGlone argued, on the topic of Layer 2 solutions for Ethereum, that no protocol compares to the kind of network efficiency Polygon (MATIC) has brought to the table.

World-famous food brand Doritos invites everyone to join its pioneering metaverse experience in Decentraland (MANA). Doritos Triangle Studios is ready to explode into the red-hot segment with NFTs on Polygon Network (MATIC).

Polygon is a Layer-2 scaling solution aimed at bringing mass adoption to the Ethereum platform. It provides developers with the tools they need to create secure and user-friendly scalable decentralized applications (dApps).

Polygon (MATIC) has been on a tear lately, growing 14% in the past several days and outperforming both Bitcoin and Ethereum. This surge is due to several factors, including increased institutional interest, new partnerships, and overall bullish sentiment in the crypto market.

Polygon [MATIC], a layer 2 scaling solution for Ethereum [ETH], has been outperforming the latter in terms of the number of NFT transactions made on each protocol. Moreover, the increasing NFT transactions are strengthening Polygon's position in the layer 2 space.

Polygon investors enjoyed this month as its native token MATIC made overwhelming price momentum since the start of the new year. MATIC price has brought an ROI of over 40% in just two weeks, awakening bullish expectations among traders after a prolonged bearish trend.