Polygon zkEVM total transactions nearly reached 300,000. Whale interest increased in MATIC and market indicators looked bullish. On 14 February, Polygon [MATIC] revealed updated statistics about its anticipated zkEVM. Polygon’s zkEVM was in the final stage of testnet testing at press time. The testnet *nearly* reached 300k transactions, a milestone for the future of scaling […]
’s daily chart looked quite bullish, as most market indicators supported a price hike. Interestingly, the positive indicators reflected MATIC’s price performance, as its value increased by more than 2% in the last 24 hours.
At press time, Polygon wasMATIC’s Relative Strength Index was resting quite above the neutral mark, which was a bullish signal. The Chaikin Money Flow also followed the RSI and remained relatively up. Furthermore, the Exponential Moving Average Ribbon revealed a massive bullish advantage in the market, increasing the chances of a continued uptrend in the coming days.Subscribe to get it daily in your inbox.
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Polygon [MATIC] enters accumulation phase, but all is not what it seemsMATIC saw increased interest from whales and other addresses. MATIC plunged 10% at press time but bears were not in control. Polygon [MATIC] saw a significant increase in its demand of late. According to a tweet on 13 February, one particular address snapped up over 20 million tokens over the past few days, becoming one […]
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