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Polygon Miden Alpha Testnet v2 Released
Recently, Polygon announced the launch of the Polygon Miden Alpha Testnet v2, introducing several new features to enhance user experience and functionality. The update includes expanded storage capabilities, a more user-friendly command-line interface, and various new features.
Enhancements and Features
- Public Accounts & Notes: Developers can now store account or note data transparently, similar to public smart contracts on the Ethereum network.
- Streamlined Command Line Interface (CLI): The CLI has been optimized for simplicity, improving interactions with the testnet.
- SWAP Notes: Users can create notes for simple atomic asset swaps.
- Note Screener: Ensures that only relevant notes are stored locally.
- Increased Data Storage and Note Refactorings: These updates virtually provide unlimited storage capacity for creating notes without assets.
The community has expressed positive feedback regarding these improvements, particularly praising the team for their achievements. However, some members are curious about the potential impact on revenue sources.
Market Performance
Following the announcement, the price of MATIC has shown some fluctuations. While it currently sits at $0.7128, reflecting a 0.54% decrease in the last 24 hours, the coin has demonstrated a 4.78% increase over the past 30 days and a 2.46% rise in the last 7 days. The 24-hour trading volume has surged by 49.16%, despite a 0.55% decrease in market capitalization.
Despite these fluctuations, short-term predictions for MATIC remain optimistic. Analysts suggest a potential price increase to $0.93552 in the next five days, signaling a 17.17% growth from the current value. This positive outlook is supported by a neutral sentiment within the community, as indicated by the Fear & Greed Index scoring 77 points.
Furthermore, speculation surrounding the approval of the Spot Ether ETF by the US SEC continues to influence market trends. Once approved, this development could significantly impact the crypto market.
While reactions to the Polygon update have been mixed, many are hopeful for positive outcomes in the near future. It is recommended to monitor the situation closely over the coming days to assess the real impact of these changes.
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