Matic, xDAI (STAKE) and Loopring (LRC) rally as Ethereum gas fees rise

Soaring Etheruem gas costs are driving investors and protocols to take a closer look at layer-2 solutions like Matic, Loopring and xDai. The start of a new month has brought renewed fervor from the cryptocurrency market as Bitcoin (BTC) price steadily climbed from a low of $43,537 on Feb.

Cross-chain bridges and DeFi integration are pushing these 3 altcoins higher

Cross-chain interoperability and lucrative DeFi yield opportunities appear to be supporting the price recovery in Cardano, Matic and Stacks. The cryptocurrency market is showing signs of progress following a multiday sell-off that saw the total market capitalization drop by more than $400 billion as Bitcoin's (BTC) price briefly fell below $46,000.  While the majority of altcoins have entered a consolidation phase that includes a retest of underlying support levels, several projects have started to regain lost ground after new developments reignited investors' optimism.

So Random: Polygon Using Chainlink to Power Ethereum Crypto Games

After rebranding from Matic Network, the Ethereum scaling solution is implementing Chainlink’s Verifiable Random Function capabilities.

Avalanche (AVAX), Matic and Celo rally while Bitcoin price pulls back

Ethereum network competitors like Avalanche, Matic and Celo are seeing substantial gains as high gas fees push users to search for cheaper alternatives. Bitcoin’s (BTC) recent institutional investor-driven rally has steadily pushed its price to new all-time highs and while investors are intensely focused on BTC’s price action, a number of altcoins have also secured new multi-year highs. On.

Matic Network Pivots to Help Ethereum Fight Blockchain Rival

Matic Network is undergoing a strategic shift in order to help Ethereum compete with rival blockchain project Polkadot.

Matic Network Becomes Polygon and Focuses on Ethereum Scaling

Matic Network, rebranded to Polygon, aims to help Ethereum in becoming an Internet of Blockchains project similar to Polkadot.

Matic rebrands to Polygon in pursuit of ‘Polkadot on Ethereum’ strategy

The Layer-two protocol plans to become an aggregator and interoperability facilitator for Ethereum scalability solutions. The Matic Network, a project developing an Ethereum-based layer-two solution and an independent proof-of-stake blockchain, announced Tuesday that it would rebrand to Polygon.

Matic Network Now ‘Polygon’ as Platform Targets Ethereum’s L2 Woes

Polygon is building a Layer 2 aggregator for sidechains, rollups and even whole blockchains in a bid to fix Ethereum’s transaction limitations.

Clever Aave to Matic bridge keeps track of yields

A new type of cross-chain bridge has been invented which integrates the interest-yielding properties of DeFi with second layer solutions for Ethereum. The first Aave-friendly Ethereum to Matic bridge has opened for business, allowing users to port Aave’s interest-bearing aTokens back and forth between the DeFi protocol and the faster, cheaper layer-two network. The bridge was developed and launched by Nick Mudge, Lead Solidity Developer of Aavegotchi.

DeFi integration and layer-2 tech back Matic Network’s (MATIC) 92% rally

MATIC price has rallied by 92% since multiple decentralized applications opted to use the network’s layer-two solution and traders have looked to DeFi tokens for big returns.

Matic Partners with Sapien to Bring Gasless Transactions

Following a partnership with Matic Network, Sapien has introduced gas-free transactions and fully-integrate and.

TradeStars Partners with Matic Network to Provide Superior User Experience

[PRESS RELEASE – Please Read Disclaimer] New York – December 9, 2020 – TradeStars announced today the Integration of Matic’s L2 (Layer 2) scaling solution to help improve their product offering by ensuring a smooth and seamless user experience on the platform, even when trading activity on the platform grows exponentially in the near future.

Matic integrates Chainlink price feed oracles

Chainlink has successfully been deployed on the Matic Network, as confirmed by an announcement today. Matic is now the second blockchain after Ethereum to integrate Chainlink Price Feed Oracles. F The post Matic integrates Chainlink price feed oracles appeared first on AMBCrypto.

Matic Becomes the Second Blockchain to Integrate Native Chainlink Fees

Matic Network has become the second blockchain after Ethereum to successfully integrate Chainlink data feeds.

Matic becomes the first outside Ethereum to launch native Chainlink feeds

Five price feeds will be directly published on Matic mainnet. Matic Network, a smart contract platform acting as both a layer one and layer two for Ethereum, announced on Thursday the full launch of five Chainlink (LINK) price feeds that are set to power its ecosystem. Though there are many promised or existing Chainlink integrations outside of Ethereum, the majority of them are still in development or are indirectly using Ethereum feeds.

Matic Takes Step Towards Solving High Ethereum Gas Fees By Integrating Tether

Matic has just announced that Tether is now available on their network.

Blockchain gaming project seeks to go mainstream with new Matic Network migration

The company hopes to solve issues that were prevalent on its previous mainnet. IGGalaxy is migrating away from Tron and onto the Matic Network.

Binance-Owned WazirX Announces DeFi Project With Matic

The exchange has opted for Matic instead of Ethereum’s network, which is currently dominating the DeFi space because of "high gas costs."

Indian Crypto Exchange WazirX to Enter DeFi Amid Uncertain Regulations

Indian crypto exchange WazirX plans to attract current users and institutional investors with its market maker protocol. One of the leading cryptocurrency exchanges in India, WazirX, today said they are gearing up to develop and launch their first decentralized finance product in partnership with the Matic network. In an announcement shared with Cointelegraph, the company said they will launch an automated market maker (AMM) protocol.