ZenGo Becomes The First Seedless Wallet on Polygon

Cryptocurrency wallets are the most straightforward option for users to engage in self-custody. However, the traditional approach of seed phrases and recovery seeds warrants improvements.

Timeline of Polygon

New data provided by Token Terminal suggested that Polygon [MATIC] witnessed a significant increase in daily active addresses, ranking second after Binance Coin [BNB]. One potential reason for this increase could be Polygon's presence in the DeFi space.

Polygon price is heavily consolidating along the upper resistance that appears to be crucial as it displays coins' potential to barge through the levels ahead. Despite significant bullish pressure, the MATIC price continued to sustain above $1 flashing bullish signals for the next few days.

The importance of Layer 2 solutions is becoming much more glaring as web3 adoption continues to grow paving a way for developers to launch without compromising speed for scalability.

Over the last few months, there were several upsetting news stories that negatively affected the crypto industry, notably the FTX crash. However, despite this, long-term sentiments towards Polygon [MATIC] increased in recent months.

Solana (SOL) has been the most performing digital asset in the top 15 this year by market capitalization and no one saw it coming following a poor run and a disastrous end of 2022.

Any Polygon-based NFT group will have access to the new self-service tool, enabling them to construct their own individualized markets and engage with their communities at no cost.

As a follow-up to its hardfork recent success, Polygon [MATIC] followed through by announcing a new partnership with BitGo. BitGo is a platform for providing core infrastructure and regulatory custody for crypto projects.

Popular NFT marketplace and protocol Rarible launched its NFT marketplace builder for Polygon-based NFT collections on January 18. Any Polygon-based NFT collection will be able to use the new self-serve tool to build their own customized marketplaces for free to connect with their communities.

Alethea AI and Polygon Labs are jumping on the AI hype with the launch of an AI-powered NFT project that allows users to create NFT avatars through text-based prompts similar to OpenAi's Dall-E image generator.

BitGo has announced the rollout of its polygon wallet and custody services for native MATIC token holders. BitGo users will now be able to securely stake their ERC-20 MATIC tokens on the platform and earn rewards.