#123

Polygon

MATIC
0.00000512 BTC
$0.49
24h: -3.04% 7d: -18.72%
All Time High $2.92 Dec 27, 2021
24h
$0.46 $0.5
24h Volume $13.88M

Price Chart

About Polygon

Polygon (MATIC)

Polygon, previously known as Matic Network, is a groundbreaking platform designed to enhance the scalability and infrastructure of Ethereum. Its primary component, the Polygon SDK, offers a modular and flexible framework that allows developers to build a wide range of applications efficiently.

Core Features

With Polygon, developers can create:

  • Optimistic Rollup chains
  • ZK Rollup chains
  • Standalone chains
  • And various other infrastructures tailored to their needs

By doing so, Polygon transforms Ethereum into a comprehensive multi-chain ecosystem, akin to systems like Polkadot, Cosmos, and Avalanche, while leveraging the robust security and diverse ecosystem of Ethereum.

Existing Ecosystem and Development

For current users of the Plasma-POS chain, there will be no disruption. Polygon is committed to enhancing its existing technology with new features that cater to a wider range of developer requirements. Continuous development of core technologies ensures scalability and adaptability within a growing ecosystem.

The Role of MATIC

The $MATIC token, which serves as the gas token for the Polygon network, plays a pivotal role in securing the system and enabling governance. As the Polygon platform evolves, the significance of MATIC is set to increase, making it an essential part of the network's infrastructure.

Web3 and Aggregation

Polygon is at the forefront of the Web3 revolution, with initiatives like AggLayer, a trustless cross-chain interoperability protocol that makes it easier to build and manage Ethereum Layer 2 solutions with state-of-the-art zero-knowledge technology. The Polygon CDK allows developers to create Ethereum Layer 2s efficiently, while the Polygon zkEVM offers EVM equivalence for seamless integration with existing Ethereum applications.

Community and Ecosystem

Polygon boasts a vibrant ecosystem that includes numerous decentralized applications (dApps), fostering a collaborative environment for developers and users alike. From community grants to developer resources, Polygon is dedicated to supporting innovation and growth within its ecosystem.

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Categories

Smart Contract Platform BNB Chain Ecosystem Polygon Ecosystem Harmony Ecosystem Moonriver Ecosystem Moonbeam Ecosystem Ethereum Ecosystem Layer 2 (L2) Zero Knowledge (ZK) Animoca Brands Portfolio Alleged SEC Securities Binance Launchpad FTX Holdings Coinbase Ventures Portfolio Rollup Proof of Stake (PoS) Alameda Research Portfolio DragonFly Capital Portfolio Energi Ecosystem Sora Ecosystem Binance Labs Portfolio GMCI Layer 2 Index GMCI 30 Index Galaxy Digital Portfolio GMCI Index

Market Data

Rank
#123
Market Cap
$965.78M
Volume
$13.88M
Circulating Supply
1.92B MATIC
Total Supply
10B MATIC
Max Supply
10B MATIC

Additional Information

Genesis Date
24h Market Cap Change
$108.92M
24h Market Cap Change %
12.71%