|Market Cap||Volume||Available Supply|
Polygon (MATIC) current price is $1.100 with a marketcap of $9,969,659,488.00. Its price is 1.50% up in the last 24 hours.
What is Polygon?
Polygon (formerly Matic Network), is the first platform that allows for Ethereum scaling and infrastructure development.
Its core component, Polygon SDK, is a modular and flexible framework that supports multiple types of applications.
With Polygon SDK, You can develop Optimistic Rollup chains, ZK Rollup chains, stand-alone chains, or any other kind of infra required.
Polygon transforms Ethereum into an efficient multi-chain system (aka Internet of Blockchains).
This multi-chain system, which is similar to others such as Polkadot and Cosmos, Avalanche, has the benefits of Ethereum's security and vibrant ecosystem.
The existing ecosystem built around the Plasma-POS chain will not be affected. Polygon is a new technology that expands the ability to meet diverse developer needs.
Polygon will continue to improve the core technology to scale it to larger ecosystems.
The $MATIC token will remain in existence and play an ever more important role in securing the system as well as enabling governance.