# Polygon's Rebirth

*Author: Bankless*
*Published: Nov 16, 2023*
*Source: https://www.bankless.com/fr/read/polygons-rebirth*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2023/11/Frame-50465-1.png)](https://www.bankless.com/sponsor/kraken-1682978636?ref=polygons-2023-rebirth&email=true)

  

    Polygon's Rebirth

  
  

  
  Published on Nov 16, 2023

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
    BlackRock Makes It Official
  
  

  

 

![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2023/11/Frame-50445--21-.png)- ✍️ **ETH ETF app is official**. In case there were any doubts about Delaware funny business, BlackRock [*officially filed an S-1 for its spot ETH ETF*](https://x.com/BanklessHQ/status/1725122637204967592?s=20).
- **👮‍♂️ DOJ going after XRP ETF filer. **Delaware officials have [contacted the Justice Dept](https://x.com/JSeyff/status/1724513079684112402?s=20) about the fake BlackRock XRP filing.
- **👻 Aave rebrands. **DeFi lender Aave [has rebranded to *Avara* and announced the acquisition of the team behind Family Wallet](https://x.com/jacqmelinek/status/1725202940216988109?s=20).

.  .  .

 
  
    
      
      TODAY IN MARKETS
    
    
  
  
    
    BTC Slides Backwards
  
  

  

 
 

**📈** **Crypto Cools:** BlackRock took another major step towards launching a spot ETH ETF, but crypto markets are in decline. The majors pared back yesterday’s gains on the filing, with Ether dipping back below $2k and Bitcoin fighting to hold $36k.

Prices as of 4pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $1.38T
       

  
    
    ↘ 3.9%
    
  

   
    
    ↘ 0.7%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $36,076
       

  
    
    ↘ 4.0%
    
  

   
    
    ↘ 1.5%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $1,962
       

  
    
    ↘ 4.3%
    
  

   
    
    ↘ 5.3%
    
  

  

[Unlock Today's Full Market Analysis](https://www.bankless.com/btc-slides)

.  .  .

 
  
    

    ANALYSIS

  
  
    
    Polygon's 2023 Rebirth
  
  
  
   
     
     Bankless Author: 
     
     [
       
    William Peaster
     
    ](https://twitter.com/WPeaster)
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2023/11/image--22-.png)](https://www.bankless.com/polygons-2023-rebirth)Investors are searching for early bull market narratives. *One I'm watching? ***Polygon's transformation into a tech powerhouse.**

**Read all of the *free* alpha on our website*** *👇

[Read Full Analysis](https://www.bankless.com/polygons-2023-rebirth)
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