1/ Polygon (MATIC) and Flow (FLOW) upgraded their networks: On September 4, 2024, significant technical changes were made to these platforms. Polygon successfully transitioned to the new $POL token, which is expected to strengthen its ecosystem, while Flow implemented the Crescendo Network upgrade to improve the efficiency of its blockchain infrastructure. These upgrades are anticipated to attract new developers and users.
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2/ Token2049 Global Conference: This major cryptocurrency conference, scheduled for September 18, 2024, will bring together industry leaders from across the sector. Significant announcements and potential partnerships are expected, which could influence the market. This event provides a platform for discussing new trends and technologies.
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3/ MakerDAO plans to launch a new stablecoin, USDS: This move, scheduled for September 18, comes at a time when MakerDAO is facing a price drop. However, new products, including the Sky governance token, could help stabilize the platform.
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4/ Bitcoin faces a potential drop: Currently, the cryptocurrency market is experiencing low volatility, and Bitcoin risks falling by more than 20% if it loses the key support level at $55,883.
This month, the crypto community is also closely watching macroeconomic events, such as the Fed’s meeting and the release of CPI data, which could significantly impact the market.
