Oluwapelumi Adejumo · 1 hour ago · 2 min read
24H Price Chart
Table of Contents
Market Cap $12,961,358,533
24H Volume $2,195,800,149
Circulating Supply 7,442,892,513 MATIC
Total Supply 10,000,000,000 MATIC
Source: MATICUSD Chart by TradingView
All-Time High $2.66100
% from ATH -58%
ATH Date May 18, 2021
Polygon (previously Matic Network) is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.
Using Polygon, one can create optimistic rollup chains, ZK rollup chains, stand alone chains or any other kind of infra required by the developer. Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc. with the advantages of Ethereum’s security, vibrant ecosystem and openness.
The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance.
Hash Algorithm None
Org. Structure Centralized
Development Status On-going development
Co-founder & CEO
Co-founder & COO
Co-founder & CPO
VP - Operations & Marketing