MATIC continues to struggle despite Polygon's recent achievement: A closer examination.

Quick Summary:

The Polygon network has set a consistent record in daily active addresses, but there are some concerns.

Overall, DEX (Decentralized Volumes) fell from $320 million to $50 million over the last few weeks.

Despite MATIC’s multiple attempts to break the trend, the price remained consolidated between $0.7802 and $0.6346 levels.

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Article Details

Author / Journalist: Himalay Patel

Category: Crypto

Markets: United States

Topics: Polygon Trading View Social Ambcrypto Altcoin News 1 News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-26 @ 22:00:25 (3 weeks ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 427 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 21095693

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 15 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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