#38

POL (ex-MATIC)

POL
0.0000049 BTC
$0.47
24h: -7.80% 7d: -22.87%
All Time High $1.29 Mar 13, 2024
24h
$0.46 $0.52
24h Volume $467.07M

Price Chart

About POL (ex-MATIC)

Introducing POL Token (ex-MATIC)

The POL Token, formerly known as MATIC, serves as the native currency of the Polygon ecosystem. As a critical asset in the world of blockchain, POL enables users to seamlessly interact with a diverse range of decentralized applications (dApps) built on this robust network.

Key Features of POL

  • Gas Token: POL functions primarily as the gas token for transactions within the Polygon ecosystem, ensuring fast and efficient execution of smart contracts.
  • Layer 2 Solutions: As a part of the Layer 2 (L2) landscape, POL enhances Ethereum's scalability, allowing for quicker and cheaper transactions while maintaining a high level of security.
  • Cross-Chain Interoperability: POL is designed to facilitate trustless and seamless interactions across multiple blockchain networks, promoting a truly interconnected Web3 experience.

Polygon Ecosystem

The Polygon ecosystem is a powerhouse of innovation, featuring a variety of solutions such as:

  • Polygon PoS: An Ethereum-compatible sidechain that offers fast transactions at near-zero fees.
  • Polygon zkEVM: A pioneering EVM-equivalent open-source zk-rollup that enhances Ethereum's scalability without sacrificing security.
  • Polygon Miden: A zk-optimized rollup that allows for client-side proving, ensuring enhanced privacy and efficiency.

Community and Governance

POL holders are empowered to participate in the governance of Polygon protocols, shaping the future of the ecosystem through community-driven proposals and discussions. This active governance model encourages collaboration and innovation, fostering a vibrant community of developers and users.

Development and Support

Polygon provides a comprehensive Developer Toolkit that includes documentation, resources, and community support to facilitate the development of dApps. With a focus on modular design and flexibility, developers can build a wide array of applications tailored to their specific needs.

Join the growing community utilizing POL to explore the ever-expanding potential of decentralized applications and blockchain technology. Experience the next generation of blockchain with Polygon and the POL token.

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Categories

Smart Contract Platform Polygon Ecosystem Ethereum Ecosystem Layer 2 (L2)

Market Data

Rank
#38
Market Cap
$3.99B
Volume
$467.07M
Circulating Supply
8.4B POL
Total Supply
10.32B POL
Max Supply
N/A

Additional Information

Genesis Date
24h Market Cap Change
$-238.59M
24h Market Cap Change %
-5.65%