What is polygon Matic?

Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. To learn more about this project, check out our deep dive of Polygon Matic.

Is polygon going up?

As such, Polygon is going to widen its lead even further over other Layer 2 blockchains on Ethereum. Polygon has been on fire recently, and it shows no signs of cooling down. All the excitement around the merge is going to continue to have a direct impact on Polygon for the foreseeable future. If ETH goes up, so will MATIC.

What is the price of Polygon?

The current price is $0.89 per MATIC. Polygon is 69.68% below the all time high of $2.92. The current circulating supply is 9,249,469,069.285 MATIC. This content is for informational purposes only. Polygon was formerly called Matic Network. Polygon (MATIC) is an Ethereum token that powers the Polygon Network, a scaling solution for Ethereum.

What is polygon (Matic) token?

The Polygon blockchain was originally called Matic, hence MATIC being the token symbol, and it’s one of the hottest cryptos in the market right now. As of this writing, Polygon prices are up more than 100% on the day — so, the market clearly sees the enormous value in this token.