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SPONSORED POST* Altcoin season is around the corner, and new layer 1 networks such as Aptos and Polygon’s POL are pushing the boundaries of what is possible on-chain. Aptos, for instance, has expanded its operations to Abu Dhabi, where it plans to foster more partnerships that will advance the development of layer 2 chains on its ecosystem. Polygon’s status as a layer 2 chain on Ethereum is proof that a layer 2 chain can thrive. So far, POL has surged 64% in the last month, with an additional 6% uptick on its bi-weekly chart. POL is now priced at $0.6459, but analysts are forecasting an uptick to $2.90. Another layer 2 altcoin that is set to disrupt the market is Rollblock’s RBLK. Since the start of its presale, Rollblock has surged over 240% in a move that has seen its presale participants raise over $7 million in a brief spell. Rollblock is pioneering the world’s first GambleFi protocol on track to disrupt a $450 billion market.  Aptos expands to the Middle East as bullish sentiment rises Aptos (APT) is expanding its ecosystem to Abu Dhabi in a move that could establish Aptos as the go-to network for launching layer 2 chains in the region. So far, Aptos Foundation has identified the UAE as a global hub for blockchain development, and more partnerships will be made in line with the region’s high-growth environment. Aptos Foundation has made significant developments that have set APT on a bullish trajectory, as seen by its 8% uptick in 30 days. Aptos is slowly joining the ranks of leading altcoins and could see more layer 2 networks launch on its ecosystem.  Polygon (POL) emerging as the epitome of layer 2 networks After Polygon’s transition from MATIC to POL, Polygon Labs has been at work to advance…

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Filed under: News - @ December 13, 2024 9:22 am