Polygon price today.
Get information about the price of Polygon so you can make better buying or selling decisions
How the value of Polygon evolves
The current ranking of the Polygon token on the CoinMarketCap index is #9, with a market capitalization of $9,257,514,719 USD. Today, MATIC is available for trading on the CryptoMKT website with an updated price quote. Additionally, you can review charts with statistics that will demonstrate its performance over recent weeks.
What is Polygon?
MATIC is the token of Polygon, a protocol designed to interconnect Ethereum-compatible blockchain networks. It merges the best aspects of Ethereum and sovereign blockchains to forge a scalable multi-chain ecosystem of immense value. MATIC leverages the Proof of Stake (PoS) consensus protocol, facilitating rapid block generation and increased transaction speeds.
3 reasons to choose Polygon
1
Compatibility
MATIC is compatible with the Ethereum network and aims to address blockchain-associated issues such as high GAS fees and slow transaction speeds, all while maintaining security.
2
Deflationary
MATIC tokens are released monthly, and the current circulating supply is 4,877,830,774 tokens, with a maximum supply of 10,000,000,000. This deflationary aspect is crucial for understanding the dynamics of the matic price within the cryptocurrency market.
3
Highly utilized
The Polygon network supports over 7,000 projects, ranging from liquidity protocols like Aave to renowned entities like Atari, which aims to offer NFTs and tokenized products.
