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Ethereum (ETH) creator Vitalik Buterin says that starting next year, he will only publicly mention layer-2 projects that he believes are en route to optimal decentralization. Addressing his 5.4 million followers on the social media platform X, Buterin says that in 2025, he plans to only publicly name L2s that are in “stage 1” or above, referencing a previous blog post detailing the different phases of decentralization. In the November 2022 blog post titled “Proposed milestones for rollups taking off training wheels,” Buterin said that L2s are either in stage 0, 1 or 2 in terms of decentralization. Buterin says “stage 1” means the project should have a running fraud-proof or validity-proof scheme, plus certain upgrade requirements and multi-sig overrides. Nearly two years later, Buterin says he only wants to promote L2s in stage 1, regardless of what he has invested in or what his industry friends are working on. “It does...

The global non-fungible token market is gradually recovering, with trading sales volume across major blockchain networks seeing a remarkable rebound. The Polygon and Solana blockchain networks are leading the market revival journey with an impressive 44% and 17% increase. In this article, we shall look in depth at the full state of the NFT market this week. NFT Sales Surge 9.30% This Week Data fetched by CryptoSlam.io, a renowned non-fungible token collection explorer backed by the crypto billionaire investor Mark Cuban, shows that the non-fungible token market continues embarking on its market revival journey and has recorded another positive gain this week. In the past seven days, the global NFT market has attracted a trading sales volume of $98 million, up 9.30% from the past week. During this period, the number of crypto investors buying non-fungible token collections has considerably increased. In the past seven days, the global NFT market has seen nearly 600,000 trade...

Not long after professional cryptocurrency analyst Michaël van de Poppe shook up his altcoin portfolio, adding assets he believes will offer solid returns on investment (ROI) following the recent crash, his peer Ali Martinez has focused on one particular altcoin that is about to “melt faces.” As it happens, Martinez is confident that “if altcoin season kicks off,” as van de Poppe expects, “Polygon (MATIC) will melt faces!” as long as it meets a critical weekly close condition, as the renowned crypto trading expert pointed out in an X post published on August 13. Specifically, Polygon would need to close this week above $0.30 as closing below it “would invalidate the bullish thesis,” according to the crypto market analyst, whose chart pattern Analysis suggested that, in that case, this crypto asset might reach the price of $50 in late 2025. Picks for you ...

TLDR $RBLZ offers 150% gains before the upcoming launch. INJ is set to continue its bullish trend. MATIC could increase toward the $1.05 range. Rebel Satoshi ($RBLZ) investors await the official launch on DEXes on March 4. Let’s see if this revolutionary meme coin has the potential to compete against Injective (INJ) and Polygon (MATIC) and find out which is the best cryptocurrency to buy today. Rebel Satoshi Gains Unrivaled Bullish Momentum Rebel Satoshi is a groundbreaking meme coin project that aims to challenge the stability of centralized organizations and ignite a permanent crypto revolution. In addition, $RBLZ holders play a vital role in the building of the Rebel Satoshi ecosystem and obtain numerous exclusive benefits as Recusants in Rebel Satoshi’s army. For example, $RBLZ users receive enormous staking rewards and access to as many as 9,999 rare NFTs. On top of that, $RBLZ holders can engage in the platform’s exciting meme c...

Jaynti Kanani, one of the visionary co-creators behind Polygon, declared his departure from the project’s relentless daily grind approximately half a year ago. In an intricately woven narrative conveyed through an Oct. 4 X (formerly Twitter) thread, Kanani unveiled his intention to embark on novel ventures while maintaining a subtle influence on Polygon’s trajectory, orchestrating a symphony of innovation from the sidelines. Collaborating with software virtuosos such as Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic, Kanani laid the foundational keystones of the Matic network back in 2017, an entity that would later metamorphose into the renowned Polygon. Emotions ran high as Nailwal, in response to this announcement, candidly expressed, “This journey, my friend, stirs the deepest emotions within me. We’ve traversed uncharted territories together, and yet, Polygon’s odyssey is but in its nascent stage. How I yearn for more extended chapters in this ext...

The Polygon [ MATIC ] network seems to be making strides on the developmental front. According to a recent tweet from Polygon Labs, POL contracts have been activated on the Goerli testnet following community discussions. Additionally, two proposals outlining potential modifications to the native token burning mechanism, crucial for future upgrades, have also been introduced on the Goerli testnet. Today, as a result of community consultations, POL contracts will be live on Goerli testnet. A major step towards bringing Polygon 2.0 to life. Based on the community’s feedback during the PIP governance process, PIP-24: Change EIP-1559 Policy & PIP-25: Adjust POL Total Supply,… pic.twitter.com/li8OF0o3jC — Polygon Devs 📍 DevX Global Tour (@0xPolygonDevs) October 4, 2023 In accordance with the official announcement, the PIP governance process has led to the introduction of PIP-24: Modifying EIP-1559 Policy and PIP-25: Adapting the Total Supply of POL. Thes...

According to a report by Polygon, they have harnessed the same robust infrastructure that powers YouTube and Gmail to fortify their network security. On September 29, Polygon Labs made a significant announcement – Google Cloud has officially joined the Polygon proof-of-stake network as a validator. Google Cloud is now part of an elite group of over 100 validator s, all engaged in verifying transactions within its layer-2 Ethereum network . Polygon Labs made the partnership official through a post on the X platform (formerly known as Twitter), stating: “The formidable infrastructure that underpins @YouTube and @gmail is now instrumental in enhancing the security and efficiency of the Ethereum-for-all Polygon protocol.” Validators within the Polygon network play a pivotal role in safeguarding its integrity. They achieve this by operating nodes, staking MATIC, and actively participating in proof-of-stake consensus mechanisms. The Google Cloud Singapore division confirmed...

Bitcoin and several altcoins are taking a breather after the sharp rally of the past two days, but the general trend remains bullish. Ripple Labs’ victory in the case against the United States Securities and Exchange Commission gives a significant boost to the crypto industry. In addition to benefitting Ripple and XRP (XRP), analysts believe that the ruling will weaken the regulator’s case against Binance and Coinbase. In another positive event for the crypto space, the U.S. dollar index (DXY) completed a bearish head and shoulders pattern on July 12 and followed that up with a drop below the psychological level of 100 on July 13. The DXY typically moves in inverse correlation with Bitcoin (BTC), hence its weakness is a positive sign for the crypto bulls. Daily cryptocurrency market performance. Source: Coin360 LookIntoBitcoin creator Philip Swift said that increased on-chain spending volume shows that Bitcoin is in the first stage of a bull market. The sharp rally in XRP and several ...

Bitcoin has reclaimed the $26,000 level, but will large cap altcoins follow BTC's rebound? Bitcoin (BTC) is witnessing a tough battle between buyers and sellers near the $25,000 mark. A minor cause of worry for the bulls is that even the news of BlackRock having filed an application for a Bitcoin spot exchange-traded fund could not boost prices higher. This suggests that investors remain cautious due to the regulatory overhang. However, this does not mean that professional investors have abandoned plans to invest in cryptocurrencies. The Laser Digital Investor Survey of institutional investors conducted in April shows that 90% of the respondents were ready to consider putting money into crypto if the asset was backed by a “large traditional financial institution.” Another positive was that 82% of the investors polled were positive on crypto’s prospects over the next 12 months. Daily cryptocurrency market performance. Source: Coin360 Glassnode co-founders Yann Allemann and Jan Happ...

The migration of Solana's top two NFT projects to Polygon and Ethereum is set for the first quarter of 2023 on an opt-in basis. Nonfungible token (NFT) firm Dust Labs is migrating its two top-performing Solana NFT projects — DeGods and y00ts — onto Ethereum and Polygon in a bid to expand their adoption.  The news was announced on DeGods and y00ts Twitter page on Dec. 25, with both NFT projects expected to be officially bridged onto Ethereum and Polygon respectively in the first quarter of 2023. Rohun Vora — the creator of DeGods and y00ts who is known by the alias Frank III — said the decision was made to “explore new opportunities” and to allow for the continued growth of the collection. The move will also see the DUST token — used to buy, sell and mint NFTs on the DeGods ecosystem — also be bridged onto Ethereum and Polygon. It's just the beginning. pic.twitter.com/F3vxzXQAOy — Frank III (@frankdegods) December 25, 2022 Vora confirmed that two NFT projects will still rema...