polygon Although price performance has stagnated somewhat, the early second quarter of 2024 was very productive in terms of on-chain metrics and integrations.
Robinhood Wallet, a blockchain trading app, now supports cross-chain swaps on Polygon’s proof-of-stake (PoS) network. supports. According to the statement shared today, this integration, 0x Project and LI.FI. It became possible thanks to infrastructure protocols. Cross-chain swaps are now possible for all tokens supported by the two platforms.
Robinhood Wallet has enabled crosschain swaps on Polygon PoS for tokens supported by @0xProject oath @lifiprotocol.
👉🏼 enabling onchain access to over 23 million users on @RobinhoodApp pic.twitter.com/JbUGxUdiVT
NEWS CONTINUES BELOW—Polygon | Aggregated (@0xPolygon) April 26, 2024
Polygon (MATIC) representatives noted that on-chain access to the trading module is now open to more than 23 million Robinhood app users.
As we reported as Koinfinans.com robinhoodwas one of the first apps to list all spot Bitcoin ETFs for trading. It also expanded its cryptocurrency trading services to EU countries in December 2023, making Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) available for European crypto enthusiasts.
The announcement by Robinhood was another milestone for Polygon (MATIC).
Over the last 30 days, Polygon has become the leading Ethereum Virtual Machine blockchain for NFT-related transactions.
It also recorded 1.9 million stablecoin users, according to a recent report, while its closest competitors, Ethereum (ETH) and Arbitrum (ARB), reached only 1.4 million stablecoin users each.
