Tag: price drop

Polygon's MATIC Faces Challenges as Price Drops Significantly Since 2021 Peak

Polygon's MATIC Faces Challenges as Price Drops Significantly Since 2021 Peak

MATIC, the native cryptocurrency of the Polygon network, has appeared particularly ripe for a downturn. It has since dropped 85% from its peak. This drop is a testament to the mounting difficulties the network has encountered as the competition in the layer-2 scaling solutions market continues to intensify. The decline...

Ethereum's Price Drop Sparks Concern Across DeFi Sector

Ethereum's Price Drop Sparks Concern Across DeFi Sector

Ethereum’s recent drop below the $2,500 mark has been hard for many to ignore, raising fears across the entire crypto market. This decrease is doubly concerning for the decentralized finance (DeFi) industry. The 3.05% decrease in Ethereum's value over the last 24 hours has not only reverberated through centralized exchanges...

Further Reading

DeFi Innovation Challenges Bitcoin's Maximalist Stance
Immutable Emerges as Top Traded Blockchain Amidst Shifting NFT Landscape
Solana Sees Record Bitcoin Trading Volume Amid DeFi Expansion
Ondo Finance Acquires Oasis Pro to Expand Tokenized Asset Offerings
Altcoins Arbitrum, Render, and Immutable Drive Crypto Adoption With Practical Applications
Qubetics Token Rockets Nearly 1000% in Debut Hour, Hits $4.20 High
DeFi TVL Climbs to $116 Billion Amid Lending Platform Renaissance
Visa Navigates the Stablecoin Landscape: A Three-Tiered Approach to Global Integration