2025 Market Outlook: Key January Events to Watch 
Bitcoin Defies Gravity Above $93K Despite Missing Retail FOMO – ETF Inflows Return & Whales Accumulate: Buy the Dip to $100K 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
Stock Futures Dip as Investors Await Key Payrolls Data 
Polygon is a decentralized layer 2 Ethereum scaling platform that enables developers to build scalable user-friendly dApps with speed transactions and low fees.
|
|
Ethereum |
Polygon |
|
Consensus Mechanism |
Proof of work |
Proof of stake &plasma enabled chains |
|
Gas fees |
High |
Low |
|
TPS |
13 to 15 per second |
65000 per second |
|
Total dApps |
2970 |
>19000 |
|
Programming language |
Solidity |
Golong, solidity, and Vyper |
|
Security |
High |
Less secure |
Polygon launches new scaling solutions zero-knowledge Ethereum virtual machine (zkEVM). "It's just like using Ethereum, but with the groundbreaking scaling power of ZK tech," Polygon said in an announcement.
It is a layer 2 protocol that rolls up a large batch of transactions with single validity proof.
Technicals:
MATICUSD gained more than 200% from the minor bottom of $0.32 on positive developments. It hits a high of $0.9846 and is currently trading around $0.8650.
The near-term resistance is around $1.05, any breach above targets $1.1380/$1.35/$1.75/$2.10. On the lower side, immediate support stands at $0.78, violation below will drag the pair down to $0.65/$0.50. Significant bearish continuation only below $0.30.
It is good to buy on dips around $0.70 with SL around $0.30 for TP of $2.
