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.

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.

Lido, one of the largest liquid staking protocols, has announced it will discontinue its staking services on the Polygon network.

Lido Finance has just announced the sunset of its operations on Polygon.

TL;DR Lido has announced discontinuing its staking service for the Polygon PoS chain, following a community vote where 99% of LDO token holders favored the proposal. The decision is due to challenges such as low user engagement, inadequate rewards, and the evolving DeFi landscape, particularly the increased focus on zkEVM solutions.

Lido Finance announced its exit from the Polygon network due to low user adoption, resource constraints, and a strategic focus on Ethereum.

Lido is winding down its staking service on Polygon due to various challenges, including limited user adoption.

Lido Finance has announced its decision to end staking services on the Polygon network, citing limited user adoption, evolving DeFi trends, and a renewed strategic emphasis on Ethereum. The post Lido Staking Protocol to Cease Operations on Polygon, Shifts Focus Back to Ethereum appeared first on Cryptonews.

Lido staking requests on Polygon are no longer available. Users can withdraw their staked MATIC through the Lido interface on Polygon up until June 16, 2025.

The Aave community is evaluating a proposal to withdraw the lending protocol from Polygon's Proof-of-Stake (PoS) chain. In the Dec.

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Staking protocol Lido has announced a timeline for the sunsetting of its products on Polygon in the coming months.

Aave founder Marc Zeller has proposed new risk parameters on Polygon in response to plans to farm over $1 billion in stablecoin reserves.

Aave founder Marc Zeller has proposed new risk parameters on Polygon in response to plans to farm over $1 billion in stablecoin reserves.

The Aave community is caught between a rock and a hard place after contributor group Aave Chan advocated withholding lending services from Polygon's poS chain. This is in response to another Polygon community request to use over $1 billion in bridge assets for yield generation.

TL;DR Aave Chan proposes adjustments to its services to mitigate risks associated with bridged assets on Polygon. Polygon is evaluating a strategy to leverage $1.3 billion in inactive stablecoins on its network. Security in decentralized finance remains the primary focus of both proposals.

Aave Chan proposed to phase out Aave's lending protocols on Polygon to safeguard the protocol against future security risks.

Ethereum's recent surge past $3,200 highlights renewed investor confidence, driven by favorable economic conditions and growing demand. Polygon is also making headway by strengthening its cross-chain capabilities, enabling seamless asset integration across networks like Ethereum and Solana. But Web3 is truly taking strides in reshaping e-commerce.

Smart car project Dimo is migrating to Coinbase's Base to open the door to potentially valuable partnerships and collaborations.

Cardano's ADA has risen to new highs and garnered global interest. People are speculating on its possibility of reaching above $2. Given market conditions and technical signals, ADA may fall before rising to its all-time high. Meanwhile, Polygon (POL) and Rexas Finance (RXS), a viral $0.

Cardano and Ripple have had a notable run in recent weeks, and they are looking set to break their all-time highs. Still, delays in their price advancement have shifted investor attention to rising stars such as Polygon (POL).

TL;DR Sandeep Nailwal questions the lack of support from Vitalik Buterin for Polygon PoS, despite its contribution to Ethereum's growth. Polygon PoS has managed to reduce transaction fees to $0.015 and facilitated the migration of dApps, but it has not received the expected recognition.

BlackRock announced on Wednesday that it is expanding its tokenized liquidity fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), to operate on multiple blockchain platforms.

BlackRock has expanded its BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to five additional blockchains—Aptos, Arbitrum, Avalanche, Optimism, and Polygon—enhancing access to tokenized real-world assets and integrating with decentralized finance ecosystems. The post BlackRock's BUIDL Expands to Aptos, Arbitrum, Avalanche, Optimism and Polygon appeared first on Cryptonews.

Asset management titan BlackRock is announcing the expansion of its proprietary BUIDL, the company's on-chain money market fund, across five new blockchains.

The tokenized money market fund will launch on nearly half a dozen new blockchain networks.