Updated Targets for Polygon - MATIC
Quick Updated levels to watch for MATIC, now that all of our previous levels have been hit- This coin is going to dominate over the next bull run. I Recommend everyone have some in their portfolio.
Levels to watch!
Breakout Level: $1.07
Updated Target 1: $1.79
Updated Target 2: $2.18
What is Polygon (MATIC)?
Polygon, formerly known as Matic Network, stands as a pioneering and user-friendly platform designed for Ethereum scaling and infrastructure development. At its core is the Polygon SDK, a versatile and modular framework supporting the construction of various application types.
For an in-depth exploration of Polygon MATIC, refer to our detailed analysis of the project.
Through the utilization of Polygon, developers can create optimistic rollup chains, ZK rollup chains, standalone chains, or any other infrastructure required for their applications.
Effectively, Polygon transforms Ethereum into a comprehensive multi-chain system, often referred to as the Internet of Blockchains. This model closely resembles others such as Polkadot, Cosmos, and Avalanche, boasting the strengths of Ethereum's security, vibrant ecosystem, and openness.
The CRYPTOCAP:MATIC token remains a pivotal element, continuing to exist and playing an increasingly significant role in securing the system and facilitating governance.
As a Layer 2 scaling solution, Polygon (formerly Matic Network) is endorsed by major players like Binance and Coinbase. The project aims to drive widespread cryptocurrency adoption by addressing scalability challenges prevalent in numerous blockchains.
Levels to watch!
Breakout Level: $1.07
Updated Target 1: $1.79
Updated Target 2: $2.18
What is Polygon (MATIC)?
Polygon, formerly known as Matic Network, stands as a pioneering and user-friendly platform designed for Ethereum scaling and infrastructure development. At its core is the Polygon SDK, a versatile and modular framework supporting the construction of various application types.
For an in-depth exploration of Polygon MATIC, refer to our detailed analysis of the project.
Through the utilization of Polygon, developers can create optimistic rollup chains, ZK rollup chains, standalone chains, or any other infrastructure required for their applications.
Effectively, Polygon transforms Ethereum into a comprehensive multi-chain system, often referred to as the Internet of Blockchains. This model closely resembles others such as Polkadot, Cosmos, and Avalanche, boasting the strengths of Ethereum's security, vibrant ecosystem, and openness.
The CRYPTOCAP:MATIC token remains a pivotal element, continuing to exist and playing an increasingly significant role in securing the system and facilitating governance.
As a Layer 2 scaling solution, Polygon (formerly Matic Network) is endorsed by major players like Binance and Coinbase. The project aims to drive widespread cryptocurrency adoption by addressing scalability challenges prevalent in numerous blockchains.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.