- MATIC listed on Spain’s largest crypto exchange, Bit2Me, introducing the altcoin to over a million unique users on the platform.
- Polygon co-founder reveals MATIC network is focused on becoming the number one platform for NFTs.
- Proposal to deploy Uniswap V3 to Polygon receives high support in phase one of the governance process.
- Analysts have a bullish outlook on MATIC, predict the altcoin could hit a new all-time high soon.
MATIC continues making strides in the NFT ecosystem with new partnerships and collections. The altcoin got listed on Spain’s largest exchange, fueling a bullish narrative for MATIC price.
MATIC price continues to climb with a focus on NFTs
Bit2Me, the largest Spanish cryptocurrency exchange, announced MATIC’s listing on the platform.
✨ $MATIC is now available on @bit2me, Spain's largest exchange.— Polygon | $MATIC - We're hiring! (@0xPolygon) November 25, 2021
Probably nothing. https://t.co/6imoOjVOls
Over a million crypto traders on the exchange's platform now have access to MATIC. This contributes to a rise in the demand for the altcoin.
With new exchange listings and partnerships, MATIC price is likely to resume its climb.
Polygon Network’s co-founder Mihailo Bjelic revealed that after climbing to the top of the DeFi ecosystem, the project is now focused on the NFT ecosystem. Polygon powered Macys’ first NFT collection on the 95th anniversary of its Thanksgiving day parade.
.@0xPolygon is proud to power @Macys first NFT collection!— Mihailo Bjelic (@MihailoBjelic) November 25, 2021
To celebrate the 95th anniversary of its Thanksgiving Day parade, Macy's is auctioning 10 NFTs and giving away 9,500 more!
Thanks for the coverage @WSJ! https://t.co/8jyb3UNxuc
The scaling solution recently hit another milestone. The proposal submitted for bringing Uniswap V3 to Polygon was warmly welcomed by the UNI community in phase 1.
It has become more likely that Uniswap V3 will arrive on the MATIC network.
Phase 1 of the Uniswap governance process went exceptionally well!— Mihailo Bjelic (@MihailoBjelic) November 26, 2021
7.79M UNI (~100%) voted yes, and only 25k was required for the vote to pass!
Thanks @Uniswap community, we are humbled by this level of support!
We're moving forward with Phase 2; let's do this! https://t.co/16MeXFTGqZ pic.twitter.com/AuWlgeqnOs
Analysts have a bullish outlook on MATIC price. Cryptocurrency analysts at the YouTube channel “Invest & Trade with Jaxx” have predicted that MATIC price could hit a new all-time high. The analyst sees a double top formation, holding above the EMA is indicative of MATIC bull run.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Follow us on Telegram
Stay updated of all the news
Ripple holders' profit taking hits a 19-month high as XRP price shoots up by 42%
XRP price has performed beyond expectations and has marked a multi-month high, restoring confidence in its investors. These holders have also made the most of the situation and turned to sell, which could backfire on the price action soon.
Decentraland Price Forecast: What to expect from MANA as Metaverse Fashion Week kicks off
Decentraland price (MANA) has identified critical support on day one of the Metaverse Fashion Week. The token is trading horizontally on the four-hour timeframe as bulls push to break above a descending trendline.
Ethereum devs confirm withdrawals to begin on April 12; Here's what to expect from ETH price
Ethereum is on the verge of bringing about one of the biggest upgrades to the blockchain since the Merge. The arrival of withdrawals has been anticipated for a long time now, however, it may not be as lucrative for Ethereum price as one might expect.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Market woes threaten bullish potential, XRP is undeterred
Bitcoin has reclaimed above $27,000, but increasing market volatility threatens the leg up. Ethereum faces critical resistance at $1,819 as investor sentiment suggests liquidity issues. Ripple reaches multi-month highs amid lawsuit-related optimism.
Bitcoin: Should you trust this BTC sell signal or wait for $34,000?
Bitcoin price shows a clear picture of its rally after it breached a long-term bullish pattern in mid-January. As the rally takes a breather, sell signs have started to emerge, which is putting investors in a confused state.