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Crypto analysts note that POL needs to reclaim the $0.364-$0.509 range to prevent further sell-offs and stabilize its value.

Polygon could see a whale led market recovery, although it also faces a potential drop.

Polygon (POL) is currently facing strong bearish price action, with experts predicting a potential 44% price drop amid the ongoing market downturn. As of January 30, 2025, technical analysis indicates that the cryptocurrency may experience significant declines, with the price potentially falling to as low as $0.23.

Wanchain wants to introduce a series of cross-chain routes that will connect Polygon zkEVM with major blockchain networks.

Despite Bitcoin experiencing a bullish rally, the prime altcoin, Ethereum (ETH), has lagged in relative terms. Ethereum has found the $3,800 price level, a critical resistance it has not breached in the past 30 days.

A closely followed crypto analyst says that one top-10 altcoin is forming one of the most bullish digital asset market structures around. In a new strategy session, crypto trader Ali Martinez tells his 108,000 followers on the social media platform X that payments altcoin XRP is forming a bull pennant pattern.

Regarding the 2021 market cycle, Polygon and Solana were two exciting success stories. These tokens delivered life-changing rewards, proving the great potential of newly started initiatives. However, as fresh competitors enter the crypto market, one token, Rexas Finance (RXS), is underlined as the next big thing. Priced under $0.

The Block's GMCI indices for memecoins and AI tokens ended 2024 as the largest gainers, while gaming and Layer 2 tokens lost value overall.

Polkadot (DOT) and Toncoin (TON) are making headlines with their recent breakouts, signalling the potential for significant growth in 2025. This digital asset trio draws attention as investors look for the next big moves in the crypto market.

The opportunities in the cryptocurrency world can never be exhausted, but the competition will always be high because some competitors are looking for a chance. Even though the likes of Solana (SOL) and Polygon(POL) made headway in 2021, the chances of them duplicating that rise appear low since the market has now changed.

Polygon (POL, formerly MATIC) is going through a significant crisis as the AaveDAO is set to vote on a proposal to leave the blockchain due to security concerns. Finbold turned to artificial intelligence (AI) to analyze this context and provide a Polygon price prediction if this comes true.

What are crypto whales buying? This is one question that investors would want to know, especially at a time when prices of altcoins are nowhere near the peak they hit some weeks back.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

The initial proposal from Morpho Labs and Allez Labs sought to capture a 7% yield from stablecoins held in Polygon's proof-of-stake bridge.

Polygon, the Ethereum sidechain, has raised concerns over Aave's recent actions, accusing the DeFi platform of employing anti-competitive strategies to stifle competing protocols.

TL;DR Polygon accuses Aave of anti-competitive tactics following a dispute over a proposal within Aave DAO governance regarding the use of bridge funds for yield farming. Aave defends its decisions as necessary to manage risks and protect the community, rejecting the accusations.

Ethereum sidechain Polygon has accused Aave of using anti-competitive tactics to muscle out competing DeFi protocols. This is a reaction to the proposal on Aave DAO about whether the leading DeFi protocol should exit the Polygon network.

Polygon, one of the largest Ethereum layer-2 networks, has accused the DeFi lending platform Aave of adopting monopolistic practices. This dispute arises from a proposal to allocate locked bridge funds to yield-generating strategies, which Aave opposes.

Aave proposes freezing bridged assets on Polygon to mitigate risks. Polygon's governance opposes Aave's proposal, citing anti-competitive concerns.

Lido Finance is ending its Polygon staking operations after a community vote, halting stMATIC rewards immediately and giving users until June 16, 2025, to withdraw through their frontend interface, after which only explorer tools can be used for withdrawals.

The Lido community has voted to end staking services on Polygon, due to significant challenges that has limited adoption. Lido Shuts Down Polygon Staking Lido Finance has announced it will be effectively discontinuing its staking service on Polygon. According to a Dec.

Lido's liquid staking on Polygon will end in 2025.

Lido has announced the discontinuation of its staking services for the Polygon proof-of-stake (PoS) chain, following a community-approved vote in November.

Lido has officially begun the phase-out of its staking services on the Polygon Proof-of-Stake (PoS) chain following a community-approved vote in November. The decision marks a significant shift in the protocol's operations, which had previously allowed users to stake Polygon's MATIC tokens in exchange for liquid staking tokens called static.