Solana and Polygon rally, NuggetRush dominates with over 179 million tokens sold

After a major outage, Solana recovers above $100, while Polygon releases a scalability update. NuggetRush pre-sale excites with $2.2 million raised.

Solana (SOL) has risen above $100 days after its major network outage. Polygon (MATIC) has introduced a new update to increase its scalability.

NuggetRush (NUGX), a gaming adventure whose rewards include gold and nft stakes, dominates crypto news channels. Many investors are joining their network, which has led to a sale of over 179 million tokens. However, can NUGX establish itself as one of the best new ICOs?

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Solana targets $115 amid market recovery

Solana achieved an impressive recovery in the second week of February, shrugging off rumors of a slowdown caused by its network outage. On February 6, 2024, Solana recorded a mega outage that kept the network down for over 2 hours.

SOL then fell below the $100 range. However, Solana's recovery has been marked. SOL was trading at $94.49 on January 15. It rose 6.2% to $100.44 on February 2 before falling to $96.86 on February 6 after its network outage. SOL then recovered to $112.96 on February 16 and continued to rise.

Solana's recovery now means it has been one of the fastest growing altcoins since late 2023. The network has remained bullish despite reduced demand for Solana meme coins. Analysts expect this growth to continue as defi activity recovers. This could boost Solana network activity, lifting SOL to $115.

Polygon introduces type 1 tester

Polygon has released a major update called Type 1 Prover. The new update would allow any network supporting ethereum's EVM standard to become a Layer 2 network powered by zk-proofs. Type 1 tester would also allow such networks to connect to the broader Polygon ecosystem and access liquidity in ethereum (eth).

The news could help boost Polygon's turnaround attempt. MATIC was trading at $0.9273 on January 11. By January 31, MATIC had fallen 15.1% to $0.7864 before rising 7.9% to $0.9232 on February 16.

The new type 1 tester is part of Polygon 2.0 plans. Analysts conclude that the upgrade would boost the creation of defi services on Polygon. Additionally, it would help Polygon attract developers who complain about ethereum's high fees. This could increase the value of MATIC by 10.8% to $0.9409.

NuggetRush: Investors praise mining game amid pre-sales growth

NuggetRush (NUGX) is redesigning play-to-earn opportunities to reflect players' aspirations. The game aims to fulfill the most common ambitions of P2E lovers in the gaming industry. To ensure an engaging and rewarding experience, NuggetRush combines mining adventures with multiple avenues of income generation.

To be successful at NuggetRush you need to understand its game dynamics. The core tasks of the game involve building a mining operation and selling resources on its market. To go far, you need machinery and mining workers. NuggetRush comes with multiple nft characters trained in mining and entrepreneurship.

While the game is developing, players are supposed to recruit nft workers, making them part of their workforce. They carefully select nft workers to ensure they get characters that bring the most value to mining operations. Additionally, players can continually upgrade mining equipment to ensure their operations are more efficient.

NuggetRush's blockchain ICO is nearing its end after selling 179 million tokens in the fifth round of its public pre-sale. Over $2.2 million has been raised as NuggetRush looks to establish its name among popular nft projects. After trading at $0.018 in the fifth round of its pre-sale, NUGX's value will likely rise to $0.020.

Visit the NuggetRush pre-sale website

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