News Formal

Are merry MATIC holders in good spirits thanks to Polygon’s latest market moves?

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 68%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Mastercard has tapped Polygon for its Web3 and NFT journey Polygon in 2022 had added The Sandbox and Yoots to its network to expand NFT projects on the network With its recent alliances and moves in the industry, Polygon has made many appearances in the NFT and Web3 debates. In a recent release, Mastercard disclosed […]

According to Santiment’s NFT statistics, the recent agreements have had a favorable effect on the volume of NFTs on the network.

According to the NFT volume in USD metrics, NFT sales have been strong for most of the year. The network had already tallied close to $300,000 in NFT sales as of this writing.The increase in NFT sales that it reported was also evident when looking at Nansen’s transaction per week figures. The statistic revealed that NFT transactions had increased recently, particularly in November 2022.The daily active address metric was yet another outstanding Polygon metric that was visible.

The average number of active addresses increased every day from the end of the year until the beginning of January. The fact that this expansion is occurring while the market is in a bear market makes it noteworthy. When the bull market begins, higher growth may be predicted from the current trajectory.The daily period chart showed that MATIC responded favorably to the news of the partnership with Mastercard.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Avalanche [AVAX] doubles down on the NFT industry, here’s howAvalanche’s latest announcements underscore a stronger focus on NFTs in 2023. AVAX bulls failed to yield a substantial upside in the short term. The Avalanche layer 1 blockchain recently announced interesting developments that may reveal more about what to expect in 2023. This includes a deeper focus on the NFT industry through strategic partnerships. Read […]
Source: CryptoAmb - 🏆 22. / 68 Read more »