Polygon’s Q2 2024 financial report reveals a mixed bag of outcomes. While some metrics from the income statement have shown a decline compared to the previous quarter, the overall performance of the network and ecosystem demonstrates strong growth and resilience. Increasing Polygon MATIC Holders One of the standout figures is the continuous rise in the number of MATIC holders, showcasing an impressive 76% year-over-year (YoY) growth. This indicates growing confidence and interest in the Polygon network among investors and users. $MATIC Network Metrics The network’s activity remains robust. In Q2 2024, Polygon recorded over 370 million transactions and saw the
The post Polygon Q2 2024 Financial Report: Robust Growth Despite Some Declines appeared first on The Merkle News.
]]>Ethereum has risen by over 4% today, reclaiming the $3,500 mark, following significant news from the SEC. According to on-chain reports, after @Consensys announced on X (formerly Twitter) that the SEC had closed its investigation into Ethereum 2.0, a whale purchased an additional 5,603 $ETH, valued at $19.6 million. This whale has been actively accumulating Ethereum, having withdrawn a total of 16,604 $ETH (approximately $59 million) from Binance at an average price of $3,600 since May 30. The recent purchase underscores a growing confidence among large investors in the future of Ethereum. After @Consensys posted that the #SEC had closed
The post Ethereum Surges Over 4% As SEC Closes Investigation Into Ethereum 2.0 appeared first on The Merkle News.
]]>