Partnerships, wallets & future outlook

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</div> <ul> <li><strong>The favored Phantom pockets introduced help for the quickly rising variety of NFTs, video games, and apps powered by Polygon.</strong></li> <li><strong>Polygon has seen a virtually 200 % soar in NFT gross sales on its platform since September 2022.</strong></li> </ul> <hr/> <p>One altcoin that has grabbed everybody’s consideration this yr has been Polygon’s native cryptocurrency MATIC. Though the MATIC worth has been topic to volatility throughout the crypto winter of 2022, it has comparatively carried out nicely compared to its friends.</p> <p>As of press time, MATIC is buying and selling 3 % up at $0.86 with a market cap of $7.5 billion. This additionally makes MATIC the tenth-largest cryptocurrency by market worth. There’s been a flood of latest surrounding Polygon MATIC together with Phantom pockets integration, gaming platform partnerships, and far more.</p> <p>Whereas different gamers have been struggling to sail by way of the present interval, Polygon is making its foundations stronger in order that it could possibly be prepared for the subsequent mega bull run. On Tuesday, November 29, the favored Solana-based crypto pockets Phantom introduced that it shall be extending its help to Ethereum and Polygon blockchains. The official <a target="_blank" href="https://twitter.com/phantom/status/1597597372468854784" rel="nofollow noopener">announcement</a> from Phantom reads:</p> <blockquote><p><span class="css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0">By partnering carefully with the </span><span class="r-18u37iz">@0xPolygon </span>staff, we’re providing a first-class pockets expertise for the quickly rising variety of NFTs, video games, and apps powered by Polygon.</p> <p>Phantom is your companion for the Ethereum, Polygon and Solana ecosystems in a single pockets. In the identical means individuals don’t change internet browsers to entry completely different web sites, we consider web3 wants one pockets to entry what you want seamlessly.</p></blockquote> <p>Commenting on the event, Polygon co-founder Sandeep Nainwal <a target="_blank" href="https://twitter.com/sandeepnailwal/status/1597676175974727680" rel="nofollow noopener">said</a>: “<span class="css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0">The wonderful </span><span class="r-18u37iz">@phantom</span>pockets provides help for <span class="r-18u37iz">@0xPolygon</span><span class="css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0">. Have heard lots of nice issues about UX enabled by Phantom. Completely happy to see it out there for Polygon group”.</span></p> <h3>Newest developments by the Polygon staff</h3> <p>Fan-first commerce platform Token Occasions has lately introduced its partnership with the 0xPolygon staff. They'll leverage the Ethereum Layer-2 scalability platform as a basis to energy its Non-Fungible Web3 Experiences.</p> <p>Token Occasions stated that they determined to make use of the Polygon blockchain to energy its infrastructure contemplating components similar to safety, scalability, interoperability, transaction pace, prices, sustainability, and so on. for its $FAN tokens. Jennifer Kattula, SVP, Advertising and marketing at Polygon <a target="_blank" href="https://world.einnews.com/pr_news/unitedstates/603627763/token-events-taps-polygon-to-power-non-fungible-web3-experiences-in-the-events-industry" rel="nofollow noopener">said</a>:</p><div class="nso_single_social"><p>Comply with us for the newest crypto information!</p></div> <blockquote><p>We’re excited to welcome Token Occasions to the Polygon household. Token Occasions’ plug-and-play middleware makes it extremely straightforward for manufacturers to make the leap into Web3, with options for experiences, followers, and dwell occasions crossing a variety of industries. It’s promising to see extra Web3 experiences being dropped at the dwell occasions area.</p></blockquote> <p>Prior to now, Polygon has additionally <a target="_blank" href="https://www.crypto-news-flash.com/polygon-kooperiert-mit-billion-nft-projekt-um-die-entwicklung-von-blockchain-spielen-und-web3-zu-beschleunigen/" rel="noopener">partnered</a> with NFT market Magic Eden and can assist them dive deeper into the blockchain gaming and NFT areas.</p> <p>Whereas the NFT market has slowed down amid the crypto winter of 2022, 0xPolygon has witnessed a mammoth improve in NFT gross sales on its platform. As per information from Messari, there’s been a virtually 200 % soar in NFT gross sales on Polygon since September 2022.</p> <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> <p lang="en" dir="ltr">How have NFTs fared throughout the downturn?<a target="_blank" href="https://twitter.com/0xPolygon?ref_src=twsrc%5Etfw" rel="noopener">@0xPolygon</a> noticed a 191% improve in NFT gross sales because the finish of September as Web2 corporations tried to completely combine NFTs into their platforms.<a target="_blank" href="https://twitter.com/Starbucks?ref_src=twsrc%5Etfw" rel="noopener">@Starbucks</a>, <a target="_blank" href="https://twitter.com/Reddit?ref_src=twsrc%5Etfw" rel="noopener">@Reddit</a>, and <a target="_blank" href="https://twitter.com/Meta?ref_src=twsrc%5Etfw" rel="noopener">@Meta</a> have all built-in with <a target="_blank" href="https://twitter.com/0xPolygon?ref_src=twsrc%5Etfw" rel="noopener">@0xPolygon</a>. <a target="_blank" href="https://t.co/pIgXQgdgwt" rel="noopener">pic.twitter.com/pIgXQgdgwt</a></p> <p>— Messari (@MessariCrypto) <a target="_blank" href="https://twitter.com/MessariCrypto/status/1597787523631104002?ref_src=twsrc%5Etfw" rel="noopener">November 30, 2022</a></p></blockquote>

<p>As stated Polygon’s native crypto MATIC has been one of many prime holdings of crypto lovers. Through the 2021 bull run, analysts had been saying that the MATIC worth can contact $10 and extra sooner or later. Though it's presently buying and selling below $1, we are able to count on MATIC to hit a minimum of $5 by the subsequent bull run.</p>

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