Polygon Labs Defends MATIC Against SEC’s Security Claim

2 mins read

Polygon Labs has issued a response to the United States Securities and Exchange Commission’s (SEC) claims that MATIC is an unregistered security. The team defended MATIC’s status, emphasizing that it was developed and deployed outside the U.S. and focused on the global community supporting the network. They also highlighted MATIC’s role in ensuring the security of the Polygon technology from its inception. Despite Polygon Labs’ statement, MATIC has experienced a

Polygon (MATIC) Surges Past Solana (SOL) to Reclaim Top 10 Spot

1 min read

The top 10 cryptocurrency list has been changing frequently in the past several weeks. Polygon (MATIC) has just reclaimed its spot in the top 10 list by overtaking Solana (SOL), which has been going through a rough week. Polygon (MATIC) is an Ethereum Layer-2 scaling solution that offers faster and cheaper transactions than Ethereum. The network has seen significant growth in recent months, and it is now the 10th largest