- Polygon’s new partnerships with Polygon zkEVM and Genso pave the way for more price hikes.
- Recent research indicates that the MATIC market has risen during the last day.
- If the bearish pattern holds, signs indicate a price turnaround.
As 2023 progresses, the Polygon (MATIC) market may see significant price gains thanks to its new partnership with Polygon zkEVM and Genso, which boosts confidence and increases market participation. Providing investor and trader enthusiasm remains constant, and this shift strives to send MATIC’s price to new highs. At the time of publication, bullish dominance had taken over the MATIC market, driving the price up by 1.48% to $1.10.
As a result of increased market activity, the market capitalization increased by 1.50% to $9,648,947,213; however, because the 24-hour trading volume decreased by 29.03% to $417,026,760, the strength of the market gains may be jeopardized. However, with new collaborations and increased market activity, the outlook for MATIC’s future development remains optimistic, as this may boost demand even further.
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