Polygon role (half) when trading with crosses and trends in the market
Cryptomena has been a hot topic in the financial world for years, while new coins and tokens are starting to start regularly. One of these projects that has gained considerable attention is Polygon (Pol), a blockchain platform designed to support the transverse chain trading and decentralized applications (DAPP).
What is polygon?
Polygon, also known as Polkadot, is an open source platform of the blockchain developed by its founding team at the University of Cambridge. It allows smooth interactions between different blockchain networks, which allows the creation of more complex and scalable decentralized applications.
Cross trafficking: New era in financial integration
Crosschain trading covers the ability of different blockchain networks to communicate smoothly, allowing the transfer of assets, chips or data across the boundary. The unique polygon architecture allows this process to provide an interoperability layer between different blockchain ecosystems.
For a polygon, users can now easily trade and exchange cryptocurrencies, inhuman tokens (NFT) and even data from one blockchain to another. This has opened up new opportunities for traders, investors and developers who want to easily access multiple blockchain networks.
TRENDS on the market: increasing demand for cross trafficking
The demand for cross trafficking is on the rise, powered by several factors:
- Increased acceptance : More users are looking for ways to use more blockchain platforms for their financial activities.
- Improved interoperability : The increasing need for smooth interactions between different Blockchain networks has led to an increase in the adoption of the Polygon platform.
- Decentralized funding (Defi) : Defensial applications that rely on cross trafficking and decentralized management models continue to gain popularity.
As a result, the many -ray market has seen significant growth, with only more than 1,000% of the last year.
Market view
The future of the cryptocurrency looks clear, while Polygon is ready to become a leading player in the Crosschain commercial space. Here are several key trends and predictions:
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- Increased competition : New players will enter the market and compete for users and income share.
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Conclusion
Polygon (Pol) is a player in the world of cryptocurrency and blockchain technology. His ability to support crosschain trading and decentralized applications has opened new opportunities for users, investors and developers. As the market is constantly growing, it will be exciting to see that polygon plays a greater role in shaping the future of cryptocurrency.
Technical analysis:
The technical analysis of Polygon looks promising, and its price is currently trading around $ 2.50. The graph shows signs of strong uptrend, suggesting that investors are optimistic about the prospects of the project.
Some key technical indicators include:
- 14-day sliding average (ma) for $ 3.00
- Relative force index (RSI) at 55
- Bollinger bands (BBS) by 15
Recommendation for Investments:
We recommend investing in Polygon (half) with caution, due to the growing demand for trading with crosses and its growing market share.
Renovation of responsibility: This article is not an investment advice. Always do your own research and consult a financial advisor before taking any investment decisions.