Marketcap:
$1,911,889,776,573
Volume 24h:
$19,537,118,069
Sep 09 Liquidations:
-$28,026,223
24H Long/short:
Coming Soon
Polygon
MATIC
$0.381
#21
-1
Coin
Overview
Exchanges
Markets
Wallets
$0.381
Price
21
Rank
$3,771,468,014
Marketcap
$40,868,197
Volume
$0.382
All Time High
$0.373
All Time Low
N/A
Open
N/A
Close
1H
0.290
%
1D
1.64
%
1W
-4.60
%
1M
-5.63
%
2M
-24.77
%
3M
-40.82
%
6M
-68.78
%
1Y
-24.37
%
Change 24h
$0.373
$0.382
All Time Low
24H
All Time High
Polygon`s Return History
Weekly
Monthly
Quarterly
Winning
Years
4
Quarters
11
Losing
Years
2
Quarters
11
Q1
Q2
Q3
Q4
Avg
Total
Q1
Q2
Q3
Q4
Avg
Total
About Polygon
Polygon, also known as Matic Network, is a decentralized platform that aims to solve the scalability issues that are faced by the Ethereum network. The platform was created by a team of experienced developers led by Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun, with a vision of creating a more efficient and cost-effective experience for users of the Ethereum network.
One of the key features of Polygon is its use of sidechains, which are independent blockchains that run parallel to the main Ethereum blockchain. These sidechains are connected to the Ethereum mainchain through a process called "pegging", which allows for transferring assets and data between the mainchain and the sidechain. The use of sidechains allows for high scalability, as transactions can be processed on the sidechains rather than the mainchain, which can become congested during periods of high traffic.
Another important feature of Polygon is its low transaction fees. By moving a large portion of the transactions to the sidechains, the mainchain is freed up from the burden of processing a large number of transactions, which in turn reduces the cost of transactions on the main chain. The sidechains are also secured by a proof-of-stake (PoS) consensus mechanism, which allows for faster and more efficient validation of transactions.
In addition, Polygon is also a multi-chain network, it allows developers to build and run their own chains, this opens up more opportunities for developers to create their own custom solutions, and more and more projects are joining the Polygon ecosystem and benefit from the scalability and security provided by the network, which makes the network more and more robust.
Overall, Polygon aims to provide a more efficient and cost-effective experience for users of the Ethereum network by utilizing sidechains, low transaction fees, and a secure PoS validation mechanism. It is a very promising project that has the potential to play a major role in the future of the Ethereum ecosystem and the broader blockchain space.
Algorithms
(1)Delegated Proof of Stake
Incomes
(1)Staking
Industries
(2)Enterprise Solutions
Infrastructure
Tags
(6)Interoperability
Scalability
Staking
Layer 2
Governance
Scarcity
Contracts
(3)Stats
(10)Birthday
Age
6 Years
Decimals
18
Wallets
46
Exchanges
8
Pairs
13
Tickers
30
Base
13
All Time High
$2.91
Date Of ATH
Dec 27 2021
Days Since ATH
987
All Time Low
$0.00321904
Date for ATL
May 09 2019
Days Since ATL
1950