Polygon (POL) Price
Polygon
POL
$0.241952
$0.003408 (1.43%)
LIVE
Volume (24H)
$29.88K
Circulating Supply
10.51B
Market Cap
$2.517B
About Polygon (POL)
Polygon (formerly known as the Matic Network) is a Layer-2 solution on the Ethereum network. It provides scalable, secure, and instant transactions using sidechains. Based on an adapted implementation of the Plasma framework, Polygon optimizes for asset security and employs a decentralized network of Proof-of-Stake (PoS) validators. Decentralized application (DApp) developers can leverage the Polygon network for its fast transaction speed and low transaction cost.
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Frequently asked questions
Polygon Token
Polygon (POL) is the next-generation token powering the Polygon ecosystem, designed to secure and govern its network of zero-knowledge Layer 2 chains. It enables staking, governance, and coordination across multiple chains, ensuring scalability and interoperability. POL evolves from MATIC as part of Polygon’s long-term vision to become the value layer of the internet.
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