Polygon (MATIC)
Loading...
Loading...
About MATIC
Polygon (MATIC) is a Layer-2 scaling solution for Ethereum, designed to enhance the speed, efficiency, and cost-effectiveness of decentralized applications (dApps) and transactions on the Ethereum network. Originally known as Matic Network, Polygon has expanded its scope to become an interoperable blockchain framework, supporting multiple Layer-2 solutions like Plasma, Optimistic Rollups, zk-Rollups, and Validium. Polygon’s network allows developers to build scalable, user-friendly dApps with low transaction fees, contributing to its rapid adoption across DeFi, NFTs, and gaming. MATIC, the network’s native token, is used for transaction fees, staking, and governance. You can track live MATIC prices, historical data, and market insights on our Polygon Markets page to stay updated on this essential Ethereum scaling project.
Convert Fiat to Polygon
News
R0AR Introduces Unified DeFi Platform for Token, Liquidity, and NFT Staking
This content is provided by a sponsor. PRESS RELEASE. Sheridian, Wyoming, June 18th, 2025, Chainwire. R0AR has launched its decentralized finance (DeFi) platform that integrates token staking, liquidity provision, and NFT-based rewards into a single user interface. Designed to support…
$50 Million Gamble or Genius Move? Eyenovia’s Big Blockchain Bet
Eyenovia, a Nasdaq-listed ophthalmic technology company, announced on June 17 a $50 million private placement to acquire the native token of the Hyperliquid blockchain. Eyenovia to Rebrand as Hyperion DeFi Nasdaq-listed Eyenovia, an ophthalmic technology company, announced June 17 a…
Ethereum Foundation to Add $AKE to Ecosystem
This content is provided by a sponsor. PRESS RELEASE. “Since early presale activities, the Ethereum Foundation has been keeping a close eye on $AKE. It meets all requirements in terms of technology, traction, and team.” — An insider who is…
The Blockchain Group Acquires 182 Bitcoin, Boosting Total Holdings to 1,653 BTC
The Blockchain Group (Euronext Paris: ALTBG) announced the acquisition of 182 bitcoin for approximately $19.65 million (€17 million), bringing its total holdings to 1,653 BTC valued at around $171.36 million (€148.9 million). The company reported a remarkable BTC yield of…
Bitmex Co-Founder Arthur Hayes Has a Stark Prediction for 'Circle Copycat' Stocks
Circle's stock (NYSE: CRCL) reached an all-time high of $165.60 on June 16 before closing at just above $151, marking a more than 500% increase since its Nasdaq debut. Arthur Hayes, founder of Bitmex, cautions that Circle's remarkable performance may…
Frequently Asked Questions about Polygon
What is Polygon (MATIC)?
Polygon (MATIC) is a Layer-2 scaling solution for Ethereum that provides fast, low-cost transactions and interoperability for decentralized applications (dApps) on the Ethereum network.
How does Polygon work?
Polygon uses a variety of Layer-2 scaling solutions, such as Plasma, Optimistic Rollups, and zk-Rollups, to process transactions off-chain, reducing congestion and fees on the Ethereum network.
What makes Polygon unique?
Polygon’s unique framework allows it to support multiple scaling methods, giving developers flexibility in building scalable dApps. Its low fees and high transaction speeds make it ideal for DeFi, NFTs, and gaming applications.
Where can I buy and trade Polygon?
Polygon (MATIC) is widely available on major crypto exchanges, and our Polygon Markets page provides live prices, historical trends, and insights to help you make informed trading decisions.
What are the benefits of using Polygon?
Polygon provides low-cost, high-speed transactions, supporting scalable dApps and an improved user experience on Ethereum. It is compatible with various wallets and Ethereum applications, making it highly accessible.
How can I store my Polygon securely?
Polygon (MATIC) can be securely stored in wallets compatible with ERC-20 tokens, such as Ledger, MetaMask, and Trust Wallet. These wallets support Polygon’s Layer-2 network for easy access and secure storage.
What is Polygon staking?
Polygon staking involves locking MATIC tokens to support network security and operations. Stakers earn rewards in return, and staking helps decentralize the network while contributing to its security.
Is Polygon a good investment?
Polygon is valued for its ability to scale Ethereum dApps and reduce transaction costs, making it a prominent Layer-2 solution. While volatile, MATIC’s utility in DeFi, gaming, and NFTs has made it attractive within the crypto space.