• About
  • Advertise
  • Contact
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Bitcoin price prediction BTC to $40000 again, analyst

    Bitcoin price prediction: BTC to $40000 again, analyst

    DoubleLine Capital CEO says Bitcoin is in a bubble territory

    DoubleLine Capital CEO says Bitcoin is in a bubble territory

    Indian doctors warn against COVID-19 vaccines offered to VIPs for Bitcoin

    Indian doctors warn against COVID-19 vaccines offered to VIPs for Bitcoin

    Ethereum trend analysis – ETHUSD threatens to break below $900 as selling intensifies

    Ethereum trend analysis – ETH/USD threatens to break below $900 as selling intensifies

    Bitcoin trend analysis – BTC struggling amid downtrend as price holds $35,000

    Bitcoin trend analysis – BTC struggling amid downtrend as price holds $35,000

    crypto investors Canada crypto firm

    FCA reminds crypto investors of risks associated with investment

    Coinbase

    Coinbase down again as market volatility continues

    Cardano price

    Cardano price prediction: ADA to recover to $0.300

    Ethereum price

    Ethereum price falls below $1,200: can ETH hold above $1,000?

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Bitcoin price prediction BTC to $40000 again, analyst

    Bitcoin price prediction: BTC to $40000 again, analyst

    DoubleLine Capital CEO says Bitcoin is in a bubble territory

    DoubleLine Capital CEO says Bitcoin is in a bubble territory

    Indian doctors warn against COVID-19 vaccines offered to VIPs for Bitcoin

    Indian doctors warn against COVID-19 vaccines offered to VIPs for Bitcoin

    Ethereum trend analysis – ETHUSD threatens to break below $900 as selling intensifies

    Ethereum trend analysis – ETH/USD threatens to break below $900 as selling intensifies

    Bitcoin trend analysis – BTC struggling amid downtrend as price holds $35,000

    Bitcoin trend analysis – BTC struggling amid downtrend as price holds $35,000

    crypto investors Canada crypto firm

    FCA reminds crypto investors of risks associated with investment

    Coinbase

    Coinbase down again as market volatility continues

    Cardano price

    Cardano price prediction: ADA to recover to $0.300

    Ethereum price

    Ethereum price falls below $1,200: can ETH hold above $1,000?

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
No Result
View All Result
Home News Industry News

Matic Network’s price increases by 92% due to DeFi integration and Layer-2 technology

Kamsi King by Kamsi King
January 8, 2021
in Industry News
2 min read
Matic Network
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

TL;DR Breakdown

  • Matic Network sees its value rise by almost 100% since the beginning of the year
  • The platform has already been integrated by the likes of Maker into its system

Matic Network, like the rest of the crypto industry, has also been on a bull run since the beginning of the year. The network has had a 92% increase in its value since the year began though it is still unable to reach its previous all-time high of $0.44.

RelatedPosts

Crypto investments: FCA warns users

Chinese bank debuts digital yuan-supported ATMs

New York bar for sale for 25 BTC, 800 ETH

Defi total value locked hits ATH; now $23.12 Billion

While Matic Network had made its name as a platform that looks to help DeFi solve its issue of scalability through the use of layer-2 technology for off-chain computing.

This has prompted notable DeFi projects like Decentraland and Maker to integrate the Network into their system.

The decentralized finance (DeFi) industry has seen an increased level of increased activity on Ethereum network which has resulted in slower transactions and more expensive transaction fees.

In recent times, the value of Ethereum has grown to new heights it has not touched since it got to its current all-time high. Not only that, the gas fees for the second-largest crypto asset have als grown in that period. This can be tied to the recent renaissance of the DeFi sector plus the high demand for ETH.

Different projects have begun to launch on Matic Network 

The aim of Matic Network is to become blockchain agnostic so that it can sometimes be able to allow interoperability of assets in the future, projects like SkyWeaver, Aavegotchi Crypto Collectibles, the collectible game Drakon IOI and Fire Protocol OS have begun to launch on the platform.

It also launched on Huobi Global platform on the sixth day of the year while promising new users $80 if they comply with all know-your-customer regulations. 

The network has also seen an increase in its social media popularity. Available data from The Tie showed that the platform’s increase in social media activity coincides with the rise in its price. However, it is difficult to ascertain if this social media activities induced the price increase.

Kamsi King

Kamsi King

King Kamsi is a fintech and digital currency writer and enthusiast. He is keenly interested in blockchain and cryptocurrency and their global adoption. When not busy with writing, he can be found hobnobbing in forums with the best minds in crypto, both developers and startup founders.

Related Posts

FCA
Industry News

Crypto investments: FCA warns users

January 11, 2021
Chinese bank debuts digital yuan-supported ATMs
Industry News

Chinese bank debuts digital yuan-supported ATMs

January 11, 2021
New York HashCash
Industry News

New York bar for sale for 25 BTC, 800 ETH

January 10, 2021

Follow Us

  • 40.6k Fans
  • 8.3k Followers

Latest News

Bitcoin price prediction BTC to $40000 again, analyst

Bitcoin price prediction: BTC to $40000 again, analyst

January 12, 2021
DoubleLine Capital CEO says Bitcoin is in a bubble territory

DoubleLine Capital CEO says Bitcoin is in a bubble territory

January 12, 2021
Indian doctors warn against COVID-19 vaccines offered to VIPs for Bitcoin

Indian doctors warn against COVID-19 vaccines offered to VIPs for Bitcoin

January 12, 2021
Ethereum trend analysis – ETHUSD threatens to break below $900 as selling intensifies

Ethereum trend analysis – ETH/USD threatens to break below $900 as selling intensifies

January 12, 2021
Bitcoin trend analysis – BTC struggling amid downtrend as price holds $35,000

Bitcoin trend analysis – BTC struggling amid downtrend as price holds $35,000

January 12, 2021

Signup To The Daily Roundup

Get New Posts By Email:
Privacy Policy

Got a Story tip? Email Contact@Cryptopolitan.com

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Exclusive Partners of

Footer 1

Got a Story tip? Email Contact@Cryptopolitan.com

cryptopolitan 1

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Cryptopolitan brings you quality Blockchain and Cryptocurrency news, ICO reviews, crypto technical analysis, and other unique news insiders. We cover Bitcoin news, altcoins news, blockchain projects news, ICO news, regulatory developments and the confluence of news on the leading blockchain technologies.

© 2021 Cryptopolitan. All rights reserved. Terms | Privacy

No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
  • Research
  • Scam
  • Events

Copyright © 2020 Cryptopolitan.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.