Three very interesting crypto assets such as Mana, Polygon, and Ankr see value rise between 3% and 4% on this day.
Summary
Price analysis of the crypto assets Decentraland (MANA), Polygon (MATIC) and Ankr (ANKR)
Crypto assets Mana, Polygon and Ankr all rising but for different reasons, let’s look at them together.
The crypto Decentraland (MANA) is not performing as well as Polygon and Ankr
The token of the Decentraland land metaverse is coming off a bad week that saw it lose nearly 4%.
Today the price of MANA reversed course and jumped 3.73% to €0.68.
As of today, the Mana token boasts 1.855 billion units in circulation.
In the past month Decentraland has regained almost 100 % of what it lost in the FTX affair.
In addition to the run that has occurred for many other crypto assets anyway, the metaverse of the lands has released plans aimed at improving the platform.
The user gaming experience will be greatly improved both in terms of graphics and playability, and certainly the price of the token will be positively affected.
Creators’ access in Decentraland will also be subject to improvement.
The advent of creators aims to improve the metaverse itself through their input and expand adoption to those who are not in Decentraland yet.
Polygon (MATIC)
Layer 2s like Polygon are among the most scalable, making them very attractive at this stage of the market.
Polygon leaves behind far more emblazoned crypto assets such as Bitcoin (BTC) and Ethereum (ETH).
MATIC’s price is about halfway to an all-time high, and the push to get there is a result of upgrades and recent partnerships.
From a technical analysis perspective, but also and more importantly from a fundamental analysis perspective, Polygon is in a decidedly bullish phase.
Despite the fact that many crypto assets are trudging along, Polygon (MATIC) is making a comeback.
MATIC has managed to outperform, not only BTC and ETH, but also Shiba Inu, Dogecoin, and Solana.
In the last 30 days, MATIC, has changed so greatly by adding upgrades and the fateful Fork that improves its scalability.
Not only upgrades, but also collaborations with the various Starbucks, Coca-Cola, BoJ, JP Morgan, Mastercard, Meta, etc. have contributed to the Token’s achievement.
After bottoming out with the quarterly low in 2022, the token has climbed 80% and still continues its run.
Despite the good moment, it is also time for spending review at Polygon, and 20% of the workforce has been laid off for efficiencies.
Polygon, which comes from a week that saw it rise a timid 1.2% today is up 3% to 1.30 Euro per MATIC.
Ankr (ANKR)
Ankr (ANKR), the Web3 infrastructure and decentralized platform devoted to cryptocurrency staking enjoys good scalability that makes it among the most attractive digital currencies.
Ankr gives the opportunity to experiment within the blockchain with the creation of dApps, whether through staking or simply managing nodes.
Ankr and Microsoft recently signed a historic agreement that sees the tech giant as the infrastructure provider for nodes.
The arrival of the partnership has given a significant boost to the Ankr token.
From what has been leaked, the partnership with the American company is aimed at offering node hosting services.
The companies will strive to give better service by relying on Microsoft Azure cloud.
“Our partnership with Ankr will enable developers and organizations to access data on blockchain in a reliable and secure way, while exploring how Web3 can solve real-world business problems. Together we are building a robust layer for Web3 infrastructure.”
This was stated by Rashmi Misra, GM of Microsoft’s artificial intelligence and emerging technologies division.
The price of ANKR after the news jumped 65.06% last week and today it is still rising 5.20%.
Currently the token is worth €0.0483 per ANKR although it is still far from the all time high of €0.22.
