MATIC

Polygon price
MATIC
#101

$0.6344  

11.86% (1d)

The upgrade from MATIC to POL has been initiated on Ethereum's mainnet. For more information, please refer to this article and post.

Polygon to USD Chart

Loading Data

Please wait a moment.

Polygon statistics

Market cap
$1.24B

12.00%

Volume (24h)
$15.45M

14.19%

FDV
$6.34B
Vol/Mkt Cap (24h)
1.24%
Total supply
10B MATIC
Max. supply
--
Circulating supply
1.96B MATIC
MATIC to USD converter
MATIC
USD
Price performance
24h 
Low
$0.5575
High
$0.6351
All-time high
Dec 27, 2021 (3 years ago)
$2.92
-78.3%
All-time low
May 09, 2019 (6 years ago)
$0.003012
+20964.64%
See historical data

The upgrade from MATIC to POL has been initiated on Ethereum's mainnet. For more information, please refer to this article and post.

Loading Data

Please wait a moment.

Polygon Markets

All pairs

Loading data...

Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure

Polygon News

  • Top
    Top
  • Latest
    Latest
CMC Daily Analysis

Polygon community

skeleton-white
 
 
 
 
 
 

Polygon Yields

Loading...

Polygon Token Unlocks 

 
 
 
 
 
 

Polygon analytics

Loading...

NFTs on Polygon

Loading...

About Polygon

What Is Polygon (MATIC)?

Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.

To learn more about this project, check out our deep dive of Polygon Matic.

Using Polygon, one can create optimistic rollup chains, ZK rollup chains, stand alone chains or any other kind of infra required by the developer.

Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc. with the advantages of Ethereum’s security, vibrant ecosystem and openness.

The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance.

Polygon (formerly Matic Network) is a Layer 2 scaling solution backed by Binance and Coinbase. The project seeks to stimulate mass adoption of cryptocurrencies by resolving the problems of scalability on many blockchains.

Polygon combines the Plasma Framework and the proof-of-stake blockchain architecture. The Plasma framework used by Polygon as proposed by the co-founder of Ethereum, Vitalik Buterin, allows for the easy execution of scalable and autonomous smart contracts.

Nothing will change for the existing ecosystem built on the Plasma-POS chain. With Polygon, new features are being built around the existing proven technology to expand the ability to cater to diverse needs from the developer ecosystem. Polygon will continue to develop the core technology so that it can scale to a larger ecosystem.

Polygon boasts of up to 65,000 transactions per second on a single side chain, along with a respectable block confirmation time of less than two seconds. The framework also allows for the creation of globally available decentralized financial applications on a single foundational blockchain.

The Plasma framework gives Polygon the potential of housing an unlimited number of decentralized applications on their infrastructure without experiencing the normal drawbacks common on proof-of-work blockchains. So far, Polygon has attracted more than 50 DApps to its PoS-secured Ethereum sidechain.

MATIC, the native tokens of Polygon, is an ERC-20 token running on the Ethereum blockchain. The tokens are used for payment services on Polygon and as a settlement currency between users who operate within the Polygon ecosystem. The transaction fees on Polygon sidechains are also paid in MATIC tokens.

Who Are the Founders of Polygon?

What Makes Polygon Unique?

How Many Polygon (MATIC) Tokens Are There in Circulation?

How Is the Polygon Secured?

Where Can You Buy Polygon (MATIC)?

Polygon (MATIC) London Hard Fork and EIP-1559 Upgrade

Polygon Network Carbon Neutrality

 
 
 
 
 
 

ICO

 
 
 
 
 
 

Similar Coins to Polygon