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<p>MATIC, the native token of Ethereum scaling solution Polygon, <a href="https://twitter.com/rektcapital/status/1723803927559192678" target="_blank" rel="noopener noreferrer nofollow">appears</a> primed for a sustained macro uptrend amid a series of major ecosystem developments and teases of significant announcements on the horizon.</p>
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<p>MATIC has already been on an impressive run, gaining 36.9% over the past 14 days. But according to widely-followed analyst Rekt Capital, MATIC now stands on the cusp of kicking off a new overarching bull market. MATIC is also up by 5% in the last 24 hours.</p>
<p>Momentum for MATIC intensified after Polygon co-founder Sandeep Nailwal posted a cryptic tweet urging the community to mark their calendars for November 9th and November 14th for important announcements. This sparked intense speculation about what surprise developments could be in store.</p>
<p>While the November 9th news turned out to be a partnership with Near Protocol focused on boosting blockchain interoperability, Nailwal confirmed this was not the major announcement he had previously teased.</p>
<p>Whatever ends up being revealed on November 14th, the preceding Near Protocol integration still marked a significant milestone. Improving connectivity between Polygon and other chains expands the possibilities for Ethereum scaling and cements MATIC’s role as a critical infrastructure project.</p>
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<p>With fundamentals firming up and anticipation running high, MATIC appears primed technically as well for a sustained move higher, with its price consolidating into a bull flag over the past month. The stars seem aligned for a major upside breakout as MATIC transitions into a full-fledged macro uptrend. Crypto investors will be closely tuned into the November 14th announcements for a potential catalyst.</p>
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<p>The post <a href="https://captainaltcoin.com/polygon-poised-for-macro-uptrend-amid-major-developments-will-matic-rally-following-november-14/" rel="noopener noreferrer nofollow">Polygon Poised for Macro Uptrend Amid Major Developments: Will MATIC Rally Following November 14?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Polygon Poised for Macro Uptrend Amid Major Developments: Will MATIC Rally Following November 14?

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