MATIC Price Currently Sluggish Moving Forward Polygon Partnership with Axelar Should Boost Prices Crypto Regulation Should be a Long Term Boost For MATIC scaling The MATIC price has been quite static for the past week or so at around the $1 to $1.05 levels with very little movement. Although several other cryptocurrencies have seen strong pushes upward, the same cannot be said for Polygon which seems to be rather stuck in a rut. The recent sluggish price movement does not however mean that there isn’t any potential for movement on the upside for the MATIC price There have also been recent positive developments including a partnership with Axelar, a decentralised interoperability network that should see some positive price movement for Polygon. If you haven’t yet bought some MATIC then take a look at this How To Buy Cryptocurrency Beginner’s Guide. Short Term Prediction For MATIC Price: An upside swing soon? Get FREE Crypto Signals Now! Polygon seems to be accumulating at the $1.02-$1.05 levels with the price remaining static. However, this could be the prelude of a bullish upside to things with the MATIC price surging by 10% to the $1.15 level if this pans out. However, MATIC still remains slightly vulnerable to a bearish thesis, especially if it drops below the $1 level. A sell off could then precipitate things and the price could fall all the way back to the $0.85 level, wiping out all recent gains since July 23. It is interesting to note that the MATIC price is over 60% up since July 20 when it was trading at the $0.68 mark. It has been slightly static since late July although as indicated, this could all be the prelude for a bullish upside. If you haven’t yet bought some cryptocurrency then take a look at these Top Cryptocurrency Brokers. Polygon’s Partnership With Axelar Brings More Integration To DeFi Network Axelar, the decentralized interoperability network that connects blockchain ecosystems, applications and users, announced a new integration with Polygon. The integration allows users of Polygon to leverage assets from external blockchain networks, as well as to facilitate asset transfers and increase liquidity between ecosystems. Jayanti Kanani, Co-founder and CEO of Polygon, commented: “There are many exciting developments taking place within the blockchain domain at the moment and we believe it is essential to have cross-chain interoperability to take full advantage of these opportunities”. “Integrating Polygon with Axelar is an important step towards creating a fully interoperable future for blockchain and we’re looking forward to witnessing how our users make the most of the integration”, he added. Long Term Prediction For MATIC: A Rise Is Inevitable Although the MATIC price suffered one of the largest declines across the crypto market in the May crash, it looks like things are on the mend. The recent Gary Gensler speech also put some perspectives into the fray on crypto regulation. With projects such as Polygon, this can only be a good thing as it weeds bad actors and other shady dealers out of the market. MATIC price predictions long term remain extremely bullish. Looking to buy or trade MATIC now? Invest at eToro! Buy MATIC Now Capital at risk Gerald Fenech Gerald Fenech Freelance journalist and writer with over ten years experience in forex and fintech writing. Specializes in crypto and blockchain View All Post By Gerald Fenech Crypto News share Read Next EUR/USD Forecast: Gloomy Risk Tone and US NFP to Target 1.1750 Saqib Iqbal 1 year MATIC Price Currently Sluggish Moving Forward Polygon Partnership with Axelar Should Boost Prices Crypto Regulation Should be a Long Term Boost For MATIC scaling The MATIC price has been quite static for the past week or so at around the $1 to $1.05 levels with very little movement. Although several other cryptocurrencies have seen strong pushes upward, the same cannot be said for Polygon which seems to be rather stuck in a rut. The recent sluggish price movement does not however mean that there isn’t any potential for movement on the upside for the MATIC price There have also been… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.