What's Hot

    BTC hit the $28,000 barrier: what could happen next

    29.05.2023

    Journalists reveal details of Bitfinex hack report

    29.05.2023

    Venezuelan Blockchain Petro Stops Generating Blocks Since May 24

    29.05.2023
    Facebook Twitter Instagram
    Tuesday, May 30
    Facebook Twitter Instagram
    Crypto News
    • Home
    • Bitcoin
    • Ethereum
      • Altcoins
      • ICO
    • Analytics
    • Blockchain
    • Other
      • DeFi
      • Mining
      • Regulators
      • Security
    Crypto News
    Home»Altcoins»New Price Records Matic Increases the Number of Active Addresses
    1640617145 b2241017d32baa1e1cf81502f714ccc7e57ad01f
    Altcoins

    New Price Records Matic Increases the Number of Active Addresses

    AdministratorBy Administrator27.12.2021No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Reading time: ~ 2 m


    The interest in the Polygon Network and its MATIC token is accompanied by an increase in the number of active addresses, which is especially noticeable after the price renewed its record high in early December.

    Santiment’s Twitter account notes that the number of wallets increased to 15,500 during this period.

    🥳 $MATIC’s got a new #AllTimeHigh of $2.875, and address activity continues to show the increased action and interest surrounding the #PolygonNetwork. Our latest insight covers Active Addresses, Network Profit/Loss, Whale Behavior, & more. https://t.co/nnBGU3jrst pic.twitter.com/gXmwwrANSj

    — Santiment (@santimentfeed) December 26, 2021

    Network activity is an indicator that almost always shows a complete correlation with the price of an asset. The chart above shows that there was a surge in network activity during the price rally.

    True, at the end of the curve there is a discrepancy between both indicators, which potentially indicates a downward movement.

    According to CoinGecko, MATIC has grown by more than 40% since the beginning of the month and entered the top 15 largest coins by market capitalization.

    Polygon, also known as Matic Network, is a platform for scaling and developing the infrastructure of the Ethereum network. The project also provides users with a software development kit, which is a tool for building different types of applications or solutions for scaling.






    #Price #Records #Matic #Increases #Number #Active #Addresses

    Active Addresses Increases MATIC Number Price Records
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Avatar of Administrator
    Administrator

    Related Posts

    Users accumulate stablecoins as the value of digital coins rises

    29.05.2023

    Floki daily trading volumes up 140% in a week

    29.05.2023

    Bware Labs announces the launch of the INFRA token

    29.05.2023

    FLOKI Memcoin Rises Over 10% After Appearing on Chinese TV Channel CCTV-5

    29.05.2023
    Add A Comment

    Leave A Reply Cancel Reply

    Recent Posts
    • BTC hit the $28,000 barrier: what could happen next
    • Journalists reveal details of Bitfinex hack report
    • Venezuelan Blockchain Petro Stops Generating Blocks Since May 24
    • Over 70% of ETH liquidity relies on just five exchanges
    • A plant worker from Saransk lost 820,000 rubles on crypto investments
    Recent Comments
    • 수원출장 on A professor from a US university restored the Tornado Cash code to GitHub
    • 123 on Taproot support added to LND Lightning client
    • houston junk car buyer on 16,000% increase in social media mentions in 2021 Shiba inu
    • Jim Carrey Memy on Bitwise Launches NFT Tracking Index Fund
    • hotshot bald cop on Kava developers launch testnet with EVM support
    Archives
    • May 2023
    • April 2023
    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021
    • January 2021
    • December 2020
    Categories
    • Altcoins
    • Analytics
    • Bitcoin
    • Blockchain
    • Ethereum
    • ICO
    • Mining
    • Other
    • Regulators
    • Security
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo
    Facebook Twitter Instagram Telegram
    • Home
    • Bitcoin
    • Ethereum
    • ICO
    © 2023 Bt-Crow.com - CryptoNews

    Type above and press Enter to search. Press Esc to cancel.