Analysis of the crypto IOTA, Polygon, and Hedera

Our analysis of the crypto world continues: the assets we will analyze today are IOTA, Polygon (MATIC), and Hedera (HBAR). 

Prices and market statistics of the crypto IOTA, Polygon, and Hedera

IOTA, a cryptocurrency focused on the Internet of Things (IoT), is currently traded at 0.18 USD per token. Its market capitalization stands at 628.7 million USD, with a trading volume in the last 24 hours of 172.8 million USD, highlighting significant interest from investors. The circulating supply amounts to 3.5 billion IOTA, while its all-time high, reached in 2017, was 5.69 USD.

Polygon (MATIC), one of the most well-known scalability solutions for Ethereum, is currently trading at 0.43 USD per token. Its market capitalization stands at 1.0 billion USD, with a trading volume in the last 24 hours of 19.5 million USD. The circulating supply is 2.3 billion MATIC, while investors tend to hold the token for an average of 93 days, indicating strategic confidence. In the popularity ranking, MATIC is positioned at number 83.

Hedera (HBAR), a blockchain network based on a hashgraph consensus structure, is currently traded at 0.14 USD per token. Its market capitalization reaches 5.3 billion USD, while the trading volume in the last 24 hours is impressive, with 3.4 billion USD, indicating a high level of commercial activity. With a circulating supply of 37.7 billion HBAR, the token is generally held for an average of 92 days by investors. In the popularity ranking, HBAR occupies the 26th place, consolidating its status among the most followed criptovalute.

The ambitious update of the IOTA Foundation

The IOTA Foundation has unveiled an ambitious update for its blockchain network, called “IOTA Rebased”, which promises to revolutionize scalability, decentralization, and practical applications of the technology.

This update involves transforming the Layer 1 network into an object ledger based on Move, a flexible and secure programming language. This innovation introduces programmability directly into the network and aims to support an impressive throughput of tens of thousands of transactions per second, paving the way for new use cases in the industry and the Internet of Things.

One of the key elements of the proposal is the transition to a delegated proof-of-stake mechanism, which will involve 150 permissionless validators to ensure the security and decentralization of the network. This approach will allow token holders to participate directly in governance, deciding whether to approve or not the implementation. 

If adopted, “IOTA Rebased” will represent a groundbreaking change for the project, making the network not only more competitive but also more suited to the continuously evolving needs of users and developers. The proposal reflects the commitment of the IOTA Foundation to position itself as a leader in the landscape of next-generation blockchains.

Polygon and the collaboration with Immutable and Sequence

Polygon has announced a significant collaboration with Immutable and Sequence, aimed at revolutionizing the Web3 gaming sector. This strategic partnership aims to provide developers with advanced tools to create engaging gaming experiences, improve monetization, and attract an increasing number of players to the blockchain world. 

Thanks to the scalable infrastructure and the efficiency of the Polygon network, combined with Immutable’s solutions for digital assets and Sequence’s functionalities, developers will have access to a complete toolkit for the creation and management of Web3 games.

This collaboration will not only reduce the technical barriers for development studies, but will also allow the integration of economic models based on digital assets, increasing the engagement and value generated by the players. 

Polygon, already recognized for its speed and sustainability, thus positions itself as a central element in the expansion of gaming on blockchain, embracing an ecosystem that aims for mass adoption. 

With a focus on scalability, interoperability, and usability, this initiative represents a significant step towards creating a next-generation decentralized gaming infrastructure, capable of redefining the rules of the sector.

Hedera (HBAR) rises after the presentation of Canary Capital’s spot ETF

The value of Hedera (HBAR) has recorded a significant increase following the announcement of Canary Capital’s spot ETF, an event that has strengthened investors’ confidence in the project. This development has catalyzed an increase in HBAR trading activity, signaling growing interest and renewed enthusiasm from the market.

The introduction of the spot ETF represents an important step for Hedera, offering institutional and retail investors easier and regulated access to the token. 

The move by Canary Capital underscores the solidity and long-term potential of Hedera, which stands out for its unique hashgraph technology, designed to ensure speed, efficiency, and scalability.

The increase in trading volume and the value of the token reflects not only the confidence in the fundamentals of the project, but also the expectation of a continuous expansion of applications based on Hedera. 

This positive trend highlights the growing adoption of decentralized networks for real-world use cases, such as the management of digital assets, supply chain, and payments, consolidating HBAR’s position as one of the most promising players in the blockchain landscape.