Prediction markets are entering the mainstream as blockchain rails, AI analysis, and news feeds collide, according to analysts at Bernstein.
Welcome to Slate Sundays, CryptoSlate’s new weekly feature showcasing in-depth interviews, expert analysis, and thought-provoking op-eds that go beyond the headlines to explore the ideas and voices shaping the future of crypto. Tokenized real-world assets (RWAs) reached just under $300 billion in 2025, with some projections placing the market at $30 trillion by 2034. Much of […]
The post Beyond stablecoins, what’s fueling the tokenized RWA $30T explosion? Insights from Polygon Labs appeared first on CryptoSlate.
On Wednesday, Polygon PoS experienced 10–15 minute delays in recording block "milestones" after a bug was detected.
A bug affecting Bor/Erigon nodes forced validators to resync, slowing confirmation times even as block production continued at a normal pace.
Two major Ethereum layer-2 networks, Linea and Polygon, experienced operational setbacks on Sept. 10, adding to concerns about the reliability of scaling solutions. The incidents come around a week after Starknet, another Ethereum layer-2 network, suffered a four-hour outage, underlining the challenges of keeping rollup systems consistently online. Linea outage coincides with airdrop plan Linea, […]
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Polygon (POL) is approaching a critical juncture around the $0.28 mark, where recent momentum meets key resistance. The coming sessions could determine if buyers can push past this level for a breakout or if a pullback toward support near $0.26 will set the stage for consolidation. Polygon Uptrend Faces Resistance At $0.28 GemXBT, in a recent update shared on X, highlighted that Polygon has been trending upward, showing encouraging strength in its recent performance. However, the chart now reveals that the price is approaching a crucial resistance level at $0.28, while finding strong support around $0.26. Related Reading: Last Chance For Polygon As Crypto Analyst Predicts MATIC Price Will Surge Above $1 Again From a technical perspective, the MACD has flashed a bearish crossover, which often signals fading momentum or the possibility of a short-term correction. This development suggests that bulls may need to exert more pressure to sustain the uptrend and push through the $0.28 resistance. Adding to this cautious tone, the RSI is moving downward, indicating weakening buying pressure. If the indicator continues to fall, a dip toward the $0.26 support area could be on the cards before any attempt at a fresh rebound. Interestingly, volume spikes have consistently aligned with price peaks, which signals heightened interest and activity whenever POL approaches key levels. This dynamic underscores the importance of monitoring these technical zones closely, as they could set the stage for either a decisive breakout above resistance or a corrective pullback to retest lower supports. Key Decision Point: Rally Continuation Or Healthy Reset? According to OLUWANIFEMI, Polygon is currently trading at $0.2778, marking an impressive 13.82% gain over the last 24 hours, indicating strong momentum. Building on this, OLUWANIFEMI highlights that the price action is right around the $0.280 resistance zone, which is shaping up to be a critical level for the next move. In his view, if buyers manage to maintain control and push past this barrier with convincing volume, the setup could pave the way for a further breakout to the upside. Related Reading: Polygon Eyes 2x Upsurge From Broadening Wedge Pattern However, he also cautions that not all signals point to immediate strength. Should momentum begin to fade, the expert anticipates a healthy pullback toward the $0.260 support region. A retest of this level, he emphasizes, would not necessarily harm the broader trend but could instead provide the market with room to reset before the next upward leg. Concluding his outlook, the analyst stresses that this makes the current zone particularly important to monitor. Whether Polygon breaks higher or dips into consolidation, he claims sharp traders will be watching closely to position themselves for the next significant move in either direction. Featured image from Polygon, chart from Tradingview.com
Technical models flag bullish momentum, with support emerging around $0.277–$0.278.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The relaunch is expected to happen in the first half of 2026 and feature a new tokenomics model designed to reward developers.
The token’s rejection at $0.26 came amid a broad crypto pullback, with the CoinDesk 20 Index sliding 4% and rate-cut hopes fading.
POL surged in early U.S. trading amid above-average volume, but selling pressure capped gains.
The consensus bug comes just weeks after Heimdall was upgraded in Polygon's "most technically complex" hard fork since 2020.
The platform aims to close the cash yield gap between Europe and the U.S., projecting to reach $1 billion in AUM by the end of the year.
Polygon’s Proof-of-Stake (PoS) network will undergo a major consensus upgrade with the rollout of Heimdall v2 on July 10. Sandeep Nailwal, Polygon’s co-founder, described it as the most technically advanced hard fork the chain has undertaken since its launch in 2020. Following the announcement, the network’s native token, POL, gained nearly 10% within 24 hours, […]
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Polygon is set to implement the Heimdall v2 upgrade on July 10, described as the most complex hard fork since Polygon PoS launched.
The token was trading at $0.1891 at press time, up 2.8% over the last 24 hours.
Following its private mainnet launch in May, Katana has over $240 million in pre-deposits that is already being used to earn yields.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Polygon co-founder Jordi Baylina announced Zisk as new foundation CEO Sandeep Nailwal pivots resources to Polygon PoS and Agglayer.
Also: EF Treasury Policy, Increase of OP_CAT Data Limit, and Plume Genesis Goes Live.
Polygon’s governance is undergoing a significant transformation, with co-founder Sandeep Nailwal stepping in as the Foundation’s first CEO. In a June 11 post on X, Nailwal said: “As the largest holder of POL and someone who dedicated his life to development and success of Polygon from the very beginning, I have decided to take full […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Nailwal will steer the Polygon Foundation as it shuts down zkEVM, doubles down on PoS, and plots a return to Ethereum scaling dominance.
Nailwal announced plans to double down on Polygon's Agglayer and PoS networks and the deprecation of Polygon zkEVM.
Katana aims to improve blockchain liquidity — including lending, trading, and yield bearing strategies — by integrating with popular apps like Sushi and Morpho.
Polygon, initially known as Matic, was founded by Jaynti Kanani, Sandeep Nailwal, Mihailo Bjelic, and Anurag Arjun.
Polygon founder Mihailo Bjelic is stepping back from the project he helped create, according to an announcement on Friday.
Sandeep Nailwal, co-founder of Polygon, has flagged a troubling rise in deepfake scams using his likeness to deceive crypto founders. Polygon is one of the largest Ethereum layer-2 networks. In a May 13 social media post on X, Nailwal said several individuals recently reached out to verify if he had spoken with them over Zoom. […]
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Polygon’s price action over the past week has been characterized by a moderate pullback following what initially appeared to be a decisive breakout above the $0.20 level. This dip, rather than signaling weakness, may in fact represent a healthy retracement as the cryptocurrency prepares for a new upward move. The price structure appears bullish on higher timeframes, especially after POL recently rebounded off the lower boundary of a long-term descending channel. According to a crypto analyst, Polygon could be on the verge of an explosive rally toward the $1 mark. Classic Bullish Divergence Points To Imminent Breakout According to technical analyst MasterAnanda on TradingView, the Polygon ecosystem token (POLUSDT) is currently flashing one of the strongest technical reversal signals in the form of a textbook bullish divergence on the 3-day chart. Price action hit a new low on April 7, 2025, but the Relative Strength Index (RSI) had already bottomed earlier in July 2024 and has since been forming higher lows. Related Reading: Polygon (MATIC) To Come back From The Dead As Ascending Triangle Appears As noted by the analyst, this mismatch between the price and the momentum indicator is a classic signal that the downtrend may be losing steam. The signal is reinforced by the recent increase in volume and the broader bullish recovery observed across the cryptocurrency market. Zooming in on the 3-day chart structure, POLUSDT experienced a notable rebound after reaching its low on April 7. The price climbed steadily to $0.267 by April 22 before encountering resistance. What followed were two successive bearish candlesticks that appeared to trace a measured pullback, likely a retest of the upper boundary of the descending channel. This movement is significant because retests of this nature often precede major breakouts. Keeping this in mind, the analyst predicted a successful bounce from the trendline support, which could start a sustained rally toward $1. Polygon To $1: Window Of Opportunity Narrowing Analyst MasterAnanda noted that the current price action is merely a calm before a massive move. “The market is giving us one last chance to buy all we want before massive growth,” the analyst said, implying that a strong impulsive wave could be next. The RSI is currently in the mid-40s, and if the bullish setup plays out, a swift move to the 70+ zone could occur. Related Reading: Polygon Price Risks Plunge With 90 Million MATIC Tokens Selling At $0.5 In terms of a price target, the analyst predicted a full recovery above $1 with a specific target of $1.15. This would mark a full recovery for POL holders who have been holding throughout the downturn in 2025. This level corresponds to the 1.618 level on the Fib extension projected from the April 7 low. The Fibonacci extension levels plotted on the chart show other smaller price targets on the way to $1.15. Most notable are the $0.461 and $0.534 regions, representing the 0.5 and 0.618 extension levels, respectively, which could serve as interim consolidation zones. At the time of writing, Polygon is trading at $0.2420. Featured image from Adobe Stock, chart from Tradingview.com
The funding round was led by a16z crypto, 1kx and Hack VC.