Polygon, the Ethereum scaling solution, has proposed an upgrade for its native MATIC token to become Polygon (POL), which would validate multiple chains within the Polygon ecosystem. The upgrade aims to ensure scalability without compromising security and introduce a new level of interoperability between different protocols within the network.

Polygon has completed the "Indore" hard fork as part of the larger "Inborg" update to improve network stability and eliminate potential errors. Binance has expressed support for the hard fork by halting deposits and withdrawals until the upgrade is complete.

July 4 (Cointime) -Binance will conduct a Polygon (MATIC) network upgrade and hard fork. The upgrade and hard fork will take place at Polygon block height 44,934,656, approximately 2023-07-11 04:00 UTC. Deposits and withdrawals will be suspended from 2023-07-11 03:30 (UTC). Transactions will not be affected. After the upgrade is complete, MATIC's deposit and withdrawal services will be reopened.

July 3 (Cointime) -According to 1inch report, that Shows Ether Ranked #1 with $276.9 Billion in Total Transaction Volume. Here is the key stats list：

June 30 (Cointime) - Revolut, a cryptocurrency-friendly neobank, will delist Cardano (ADA), Polygon (MATIC), and Solana (SOL) from its platform in the United States in September due to changing laws and regulations around cryptocurrency in the country. Revolut notified its U.S. customers about the change on June 29, stating that buying these tokens is immediately closed for all customers.

June 28 (Cointime) - Polygon's network statistics have stagnated over the past few months, with daily active addresses and transactions plateauing and a decline in usage and adoption. The network's value and fees have also declined sharply, leading to a plummet in revenue.

June 27 (Cointime) - Delysium announced on its official Twitter account that Polygon has made a strategic investment in the company. This investment is not just strategic, but also a shared belief and support for the future convergence of AI and blockchain.

June 27 (Cointime) - According to a Decrypt analysis of CoinGecko data, Solana, Polygon, Cardano, and other tokens involved in the SEC court battles have lost $5 billion, or 15%, of their collective market capitalizations. The SEC filed lawsuits against Binance and Coinbase on June 5 and 6, accusing them of selling unregistered securities. The lawsuits named several cryptocurrencies, including Solana, Cardano, and Polygon, which have suffered losses since the lawsuits were filed. Despite the drops in token prices, the crypto market has been on a bullish rally over the past week, with Bitcoin reaching over $31,000 for the first time in months.

June 23 (Cointime) - The integration of Artificial Intelligence (AI) into various industries is gaining momentum due to its potential to enhance efficiency, accuracy, and productivity, leading to cost savings and increased revenue. VAIOT is a leader in exploring the potential of AI-Blockchain integration, with their latest integration with Polygon providing a secure and seamless platform for conducting transactions.

June 23 (Cointime) - The adoption rate of Polygon's zkEVM has increased significantly, with daily active users growing by over 225% compared to the previous month. This surge in adoption could be attributed to the declining gas fees on the network, which has also led to a rise in the total number of unique addresses and the roll-up's TVL.