Polygon’s POL is one of the best performers among the top 100 cryptocurrencies by market cap. The coin takes a breather above $0.11 after adding 11% to its value in the last 24 hours. The rally comes as Polygon recorded its largest monthly burn of more than 25 million POL tokens in January. This latest […]
The Polygon [POL] network saw a surge in onchain activity in the second week of January.
AMBCrypto reported that the record POL burn was due to "an all-time high for demand and single-day fees geneThe post Can Polygon recover as on-chain demand fades? POL’s setup explained! appeared first on AMBCrypto.
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Polygon (POL) has seen a challenging start to the year as security concerns and workforce reductions weigh on market sentiment. Over the past 24 hours, Polygon price fell 5. 6%, underperforming the broader crypto market, which saw a decline of just 1.
Group-IB published its report on Jan. 15 and said the method could make disruption harder for defenders. The malware reads on-chain data, so victims do not pay gas fees. Researchers said Polygon is not vulnerable, but the tactic could spread.