MATIC market information
24 hour low
$0.472
24 hour high
$0.517
Market cap ranking
#106
Market cap
$909.25M
24 hour volume
$3.83M
Circulating supply
1.91B
Total supply
0
MATIC live price data
The current price of Polygon is $0.475, with a 24-hour trading volume of $3,831,418.41. In the last 24 hours, the price of Polygon decreased by −7.54%. With a circulating supply of 1,913,783,718 MATIC Polygon's market cap stands at $909,248,493.34. Currently, Polygon ranks #106 by market cap.
About Polygon
Polygon Network (MATIC) is a decentralised platform and cryptocurrency that is focused on providing fast and secure transactions for decentralised applications. It was created as a scaling solution for Ethereum and is designed to improve the user experience and increase the adoption of decentralised applications by providing a more scalable and accessible infrastructure. MATIC is the native cryptocurrency of the Polygon Network and is used to pay for transaction fees and computational services on the network. One of the key features of Polygon Network is its use of a unique layer 2 scaling solution, which allows it to process a large number of transactions off-chain and then settle them on-chain. This results in faster and cheaper transactions compared to traditional on-chain transactions. Polygon Network is also focused on providing a secure and decentralised infrastructure for the development and execution of decentralised applications. It uses a proof-of-stake consensus mechanism, which is designed to be more energy-efficient and secure than proof-of-work mechanisms used by other cryptocurrencies.
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BTC
MATIC
GRT
$0.21
ICP
$10.27
LRC
$0.20
AVAX
$37.45
LRC
$0.20
BAT
0.00%
$0.28
PYTH
$0.37
TIA
$4.93
WLD
$2.20
PEPE
0.00%
$0.00
APT
$8.91
BLUR
$0.25
