Polygon's network saw a 78% increase in wallet holders, rising from 138K to 245K in one month, driven by a spike in payments and AI project integration. Monthly crypto card volume surged over 122%, reaching $30.5 million in July so far, while the network has processed more than $2.6 trillion in stablecoins since inception. Despite whale selling pressure, Polygon's price has been recovering since early July, breaking a key resistance at $0.82, but its sustainability depends on holding above critical support levels. This growth in users and network activity signals strong community expansion and potential for future price stability.
Polygon Labs CEO Marc Boiron announced a second round of layoffs in 2026 as the company finalizes its acquisition of Coinme, aiming to transform into a blockchain-enabled payments firm. This is the fourth wave of job cuts since February 2023, followi...
Polygon Labs announced its fourth round of layoffs in three years as it shifts from a blockchain foundation to a payments company aiming for profitability by 2027, following its acquisition of Coinme. Meanwhile, 1inch co-founder Anton Bukov revealed ...
Provenance Blockchain (HASH) led gains on July 14 with a 16.54% price surge to $0.009461, driven by its focus on financial services using distributed ledger technology. Other notable gainers included Beldex (BDX) up 15.97%, NEAR Protocol rising 4%, a...
Polygon recently upgraded its network with the Zurich hardfork, increasing block gas limits and reducing block times to 1.5 seconds, enabling up to 5,000 payments per second. This upgrade improves network throughput and validator coordination but doe...
