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This is the price performance of Polygon (MATIC). It shows the percentage gains and losses for each time period.
An overview showing the statistics of Polygon, such as the base and quote currency, the rank, and trading volume.
|Price to USD||$ 0.7616|
|Price to BTC||0.0000402 BTC|
|24h volume ||$ 355.64 million|
|Market cap ||$ 6.66 billion|
|Fully diluted market cap ||$ 7.62 billion|
|All-time high (daily avg.) ||$ 2.91||on 12/27/2021|
View the total and circulating supply of Polygon, including details on how the supplies are calculated.
||8.74 billion MATIC|
||-1.26 billion MATIC|
|Total supply ||10.00 billion MATIC|
Polygon (previously Matic Network) aims to bring massive scale to the Ethereum blockchain using an adapted version of Plasma with PoS based side chains. According to the project, the current blockchain ecosystem is not prepared for the demand of all decentralized apps. The issues of slow block confirmations and high gas fees need to be solved before it's going to be adopted by the mass.
The system ensures liveliness using PoS checkpoints which are pushed to the Ethereum mainchain. This enables a single Polygon sidechain to theoretically achieve 216 transactions per block, and possibly millions of transactions on multiple chains in the future.
Polygon wants to change the scaling problem and the interaction between users and the decentralized world. The project aims to make interacting with the decentralized ecosystem so easy that anyone can do so without worrying about the complexity of the system.
Polygon is building a decentralized platform using an adapted version of Plasma framework that provides a solution for faster and low-cost transactions with finality on the main chain.
The top crypto exchanges that have Polygon available for trading, ranked by 24h trading volume and the current price.
Edit or add information about Polygon (MATIC).