Polygon (MATIC-USD) is surely feeling the magic today. The network is rising on news of a partnership with one of the biggest media brands in the world, Disney (NYSE:DIS). The news is helping the Polygon crypto, MATIC, to shake off some of the market bloodbath that’s been occurring over recent months. Will it be enough to propel the coin above its mid-$1 rut?
Layer-2 network Polygon is set to face some challenges in the coming months, even without market volatility. It’s built atop Ethereum (ETH-USD), the largest layer-1 decentralized application (dApp) network in the world. Much of Polygon’s draw is that it’s a fast alternative to the Ethereum chain; users can take their transactions to Polygon, process them, and avoid Ethereum’s long wait times and high fees.
It’s a model that has served well, particularly in the last two years as crypto has become more mainstream. With Ethereum’s active user base trending upward, the network isn’t able to accommodate these users very well as a...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...