How Will the ‘Ethereum Merge’ Drive Polygon Matic’s Price Higher? - BitcoinEthereumNews.com
EthereumPaano Magtataas ang Presyo ng Polygon Matic ng Ethereum Merge？08 / 08 / 2022Balita ng Ethereum ng Bitcoin A well-known crypto expert predicts that Polygon (MATIC), a blockchain scaling solution, will increase in value before the highly anticipated Ethereum Merge (ETH) next month. The host of Kawanihan ng barya, Guy, claims that despite a favorable environment over the previous few months, MATIC is still having a difficult time. Although it is begining to show signs of recovery, the MATIC token has been severely impacted by the cryptocurrency bear market and is down nearly 50% since I last covered the project in March. “Besides the crypto bear market, the MATIC token has been suppressed by sell pressure as indicated by the sizable increase in its circulating supply over the last few months. Since March, MATICs supply has increased by about 340 million.”. Despite its difficulties, the analyst predicts that MATIC will soar as Ethereum switches from a proof-of-work to a proof-of-stake system. Guy claims that by making the switch, Polygon will gain access to more environmentally friendly scaling solutions. “MATIC is likely to continue its short-term rally regardless of these fundamentals and that‘s because of Ethereum’s upcoming transition to a proof of stake, which is taking