Polygon MATIC Crypto Coin Review

Polygon is an active crypto coin currently for sale on most major crypto exchanges, with the coin symbol of MATIC.

Name Price24H (%)
Polygon (MATIC)
$1.60
-1.25%

Polygon MATIC coin logo.

Polygon is an Ethereum-based token which is the power behind the Polygon Network, a scaling solution for Ethereum. Its aim is to provide faster and cheaper transactions of sending or receiving Ethereum whilst using Layer 2 sidechains.

It solves annoyances with blockchains, such as high gas fees on transactions and slow speeds to recipients, however, doesn't sacrifice on security. Polygon is akin to other favourite coins of ours such as Polkadot, as well as Cosmos and Avalanche - however, boasts to be more powerful and secure than the others.

Statistics:

  • Coin Symbol: MATIC
  • Circulating Supply: 6.5 Billion
  • Launch Date: October 2017

More Information: