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news-imageFebruary 25, 2025

Polygon could lose over $300 million in TVL as Aave votes to halt lending on PoS chain

Aave's move is in response to a preliminary proposal shot down by the Polygon community to earn yield on bridged stablecoins.
Publisher: The Block
Sentiment: Negative
AAVE
POL

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Negative
cover-imageThe Currency Analytics
February 25, 2025

Polygon Risks Drop to $0.24 as 99% of Holders Face Losses

Polygon (POL) has been experiencing a significant downturn in its price, showing a bearish performance over the last few weeks. The token has seen a steady decline in value, including a 34% price drop over the past month and a 4.53% decrease in just the past 24 hours.

Neutral
cover-imageThe Currency Analytics
February 24, 2025

AAVE Surges 177% in a Year, But Faces Short-Term Bearish Sentiment

AAVE, the native token of the popular decentralized finance (DeFi) platform, has emerged as one of the top performers in the crypto market over the past year. Surging by an impressive 177%, AAVE has outpaced other DeFi tokens, including Uniswap (UNI) and Lido DAO (LDO), marking a significant milestone in its growth.

Negative
cover-imageInvezz
February 20, 2025

AAVE under pressure: resistance rejection fuels selling momentum

Digital tokens witness limited recoveries as Bitcoin attempts a break past $97K. While bulls fight for control, AAVE remains poised for continued struggle after resistance rejection. AAVE failed to steady above $270 after rallying to $277 on Monday. The sharp rejection saw the alt plunging to $249 the following day.

Positive
cover-imageNewsBTC
February 19, 2025

Polygon Q4 Digest: Agglayer Testnet Launch Drives 30% Spike In POL Market Cap

In the fourth quarter of 2024, Polygon (formerly MATIC) experienced a significant mixed performance in key metrics, primarily driven by the testnet launch of its interoperability protocol, Agglayer. This new initiative aims to facilitate cross-chain token transfers and message-passing, enhancing the functionality and integration of various blockchain networks.

Positive
cover-imageThe Currency Analytics
February 18, 2025

AAVE Shows Reversal Signs: Key Resistance Levels Ahead

Aave (AAVE) has demonstrated promising signs of a potential price reversal, bouncing from its accumulation zone and experiencing a 5.07% increase in the past 24 hours, bringing its current price to $267.39. This upward movement has created optimism in the market as traders remain focused on whether AAVE can break free from its ongoing consolidation and continue to climb.

Positive
cover-imageInvezz
February 17, 2025

Interview: ‘No single chain can serve as the backbone of a blockchain-powered internet,' says Marc Boiron of Polygon Labs

For Polygon Labs, the research and development arm of Polygon, 2024 was a breakthrough year, driven by Polymarket's mass adoption during the US presidential elections. 2025 kicked off strong as Polygon Labs partnered with Jio Platforms, the digital arm of Reliance Industries, to bring Web3 to over 450 million Jio users, boosting mass adoption.

Positive
cover-imageAltcoin Buzz
February 11, 2025

Aave Targets Mainstream with Soneium Deployment

This proposal, part of a “Temperature Check,” aims to gauge community interest in tapping into Soneium's ecosystem. Soneium is designed for mainstream adoption with a focus on DeFi, gaming, NFTs, and entertainment applications.

Positive
cover-imageThe Currency Analytics
February 11, 2025

AAVE Shows Bullish Momentum Amid Cautious Market Sentiment

AAVE has recently demonstrated notable bullish momentum, gaining 5.2% in the past week and 1.12% in the last 24 hours. Trading at $250.83 at press time, the cryptocurrency has been showing signs of stabilization, with key levels of support and resistance indicating the potential for further upward movement.

Neutral
cover-imageThe Currency Analytics
February 5, 2025

Polygon's Key $0.50 Resistance Level and Potential Market Impact

Polygon (POL) is currently navigating through a crucial price level, with the $0.50 range standing out as a key area that could determine its next major price movement. Recent on-chain data suggests that a significant portion of POL tokens has been accumulated in the price range between $0.364 and $0.509.

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