Polygon - MATIC Price Today, Live Charts and News

About

Polygon (previously Matic Network) is a decentralized Ethereum scaling platform that enables developers to build user-friendly apps with low transaction fees. It was created in 2017 by Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic. Polygon claims to be able to process up to 65,000 transactions per second with network fees of a fraction of a cent. The native token used to pay for transaction fees on Polygon is called MATIC, which has a maximum total supply of 10 billion. MATIC is an Ethereum-based ERC-20 token, but it can also be bridged to the Polygon network. MATIC purchased on or sent to Robinhood may be held partially on either the Ethereum or Polygon network.

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Polygon News

Barron's 16h

Bitcoin Prices Fall. Don’t Bet on Big Gains Any Time Soon.

Text size Bitcoin prices weakened after the Federal Reserve kept interest rates unchanged. Dreamstime Bitcoin and other cryptocurrencies slipped Thursday as r...

The Block 16h

Polygon Labs proposes facilitating Celo’s migration to Ethereum Layer 2 with CDK

Polygon Labs has proposed that the Celo blockchain community use Polygon's Chain Development Kit (CDK) to facilitate a planned Layer 2 transition on Ethereum....

Barron's 2d

Bitcoin Rises Ahead of Fed Decision on Interest Rates. Brace for Volatility.

Text size Bitcoin and other cryptocurrencies rose Wednesday ahead of the Federal Reserve’s latest move on monetary policy. With traders having piled into bulli...