Asking if interest in NFTs is dwindling, Uniswap announced on its website that an NFT aggregator has become available. Moreover, Polygon NFT sales increased by 191%, reflected in the MATIC price. Meanwhile, Bitcoin self-custody firm Casa shared that it will add Ethereum support. Andre Cronje, ‘Architect’ of the Phantom Foundation, announced the financial records of the firm, FTM rally. Keep reading us for the details of these important news.
Important news for Polygon, Uniswap, Phantom and Ethereum
Uniswap announces new feature to rival crypto exchanges
As a result of the ongoing crypto bear market, transactions involving Non Fungible Tokens, commonly known as NFTs, have decreased significantly. Despite this, Uniswap Labs is optimistic about the future of the industry. On Wednesday, Uniswap finally announced on its website that an NFT aggregator has become available.
This decision comes five months after the company bought NFT trade aggregator Genie and company founder Scott Gray. Unlike individual NFT marketplaces, users of Uniswap’s NFT aggregator are able to simultaneously review listings from OpenSea, LookRare, NFTX, and other NFT marketplaces.
Thus, users will have the opportunity to evaluate different prices to decide whether they want to buy or sell their NFT. It is also possible to buy and sell NFTS individually or in bulk. According to UniswapLabs, the aggregator will be the first major NFT platform to open source front-end code. It will also be more gas-efficient for consumers. Hence, this will also result in lower transaction fees.”
Bitcoin custody firm Casa to add Ethereum support
Casa, a popular Bitcoin private custodian, is adding Ethereum support to its platform. Meanwhile, it’s possible that some might see this as an unexpected move. An overhauled version of the Casa app will launch in January, according to the firm.
The company’s CEO and co-founder, Jeremy Welch, came up with the idea of acquiring multiple cryptocurrencies early in the company’s history. However, some people see Casa as a purely Bitcoin company. This may have to do with the popularity of the company’s CTO and co-founder Jameson Lopp, an outspoken cypherpunk and Bitcoin advocate with nearly half a million Twitter followers.
Polygon NFT sales increased by 191%, reflected in MATIC price
Crypto analytics portal Messari has announced that since the end of September, Polygon-based NFT sales have increased by 191%. He also noted that this is the best result of any Blockchain. It achieved this mark by integrating the power of Polygon into the infrastructure of top Web2 companies. In a short time, Starbucks, Instagram (Meta), Reddit and others have used the capabilities of this Layer-2 Blockchain.
Polygon currently ranks fourth among all Blockchains in terms of total NFT sales since the beginning of the year. However, it’s more interesting to see how Polygon’s successes this fall affect the MATIC price. MATIC is currently ranked tenth among CoinMarketCap’s largest crypto holdings.
On the altcoin chart, it is possible to see that the asset has been accumulating since July. Also, it started to appreciate rapidly with a 32% acceleration in November. It is worth noting that in this period, the technique is completely related to the fundamentals that we mentioned above. However, as you follow on Kriptokoin.com, then the famous FTX event took place. Thus, MATIC dispersed all its gains and dropped to the support level of around $0.805.
Phantom unveils 30-year plan, FTM price rises by 50%
The Phantom Foundation’s attempt to dispel concerns about potential FTX risk has been successful so far for the FTM price. FTM continued its bullish momentum on November 30 amid reports from the Phantom Foundation making consistent profits and having 30 years of runway without having to sell any FTM tokens.
FTM price rose nearly 13.5% to hit a three-week high of $0.24. The rally came as part of a broader recovery trend that began on November 22 when it dropped to around $0.17. This means a 50% price increase in the last eight days.
Andre Cronje, ‘Architect’ of the Phantom Foundation, announced the firm’s financial records on 28 November. Interestingly, the rally gained momentum after that. In addition, Cronje stated that the company has $340 million worth of digital assets. In addition to this, he revealed that he earns more than $10 million a year.
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