Cryptocurrency Polygon (MATIC)
The price for Polygon (MATIC) cryptocurrency is currently 1.16 $ (15 min delay),
daily range of currency change is 1.14 - 1.20 .
Last 24 hours news: trading volume - 675.92M $, price variance +0.97% .
The highest trading volume belongs to the pair MATIC/USDT at the CITEX exchange
Project Website - https://polygon.technology/
Explorer of transactions - https://etherscan.io/token/0x7d1afa7b718fb893db30a3abc0cfc608aacfebb0
Twitter Account - https://twitter.com/0xPolygon
Chart Polygon (MATIC)
|Current price Polygon (matic)||1.16 $|
|Market Capitalization||5.13B $|
|Trading Volume last 24h||302.76M $|
|Minimum exchange rate (24h)||0.55 $|
|Maximum exchange rate (24h)||0.57 $|
|Market cap rank||№ 14|
|Absolute maximum||2.92 $|
|Absolute minimum||0.0031 $|
|0.02%||335.83M $||2023-10-02 20:41:51|
|0.03%||48.36M $||2023-10-02 20:44:11|
|0.02%||43.38M $||2023-10-02 20:42:56|
|0.02%||22.69M $||2023-10-02 20:43:32|
|0.24%||16.14M $||2023-10-02 20:44:27|
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.
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 Ethereumâs security, vibrant ecosystem and openness.
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.
The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance.