Polygon (MATIC/USD) – Complete Token Guide
Polygon (MATIC) is a Layer-2 scaling solution for Ethereum that aims to provide faster and cheaper transactions. Trading under the ticker MATIC-USD, the token is the native currency of the Polygon network and is listed on all major cryptocurrency exchanges.
What is Polygon (MATIC)?
Polygon is a parallel blockchain running alongside the Ethereum mainnet. Users can bridge their tokens from Ethereum to Polygon and interact with compatible wallets such as MetaMask or Coinbase Wallet. The network dramatically reduces gas fees and increases transaction throughput to up to 65,000 TPS.
MATIC Token Key Facts
- Full Name: Polygon (formerly MATIC Network)
- Ticker Symbol: MATIC (transitioning to POL)
- Blockchain: Ethereum Layer-2
- Consensus: Proof-of-Stake (PoS)
- Launch Date: May 30, 2020
- Max Supply: 10,000,000,000 MATIC
- Circulating Supply: ~9.97 billion MATIC
- All-Time High: $2.92 (December 2021)
- All-Time Low: $0.00263 (May 2019 IDO)
Polygon was first launched in 2017 as the Matic Network and raised $5.6 million equivalent in an IDO with the sale of 1.9 billion MATIC tokens in April 2019.
— Polygon History
MATIC vs POL: The Transition
Polygon has been transitioning its primary token from MATIC to a new token called POL. Many tracking platforms including CoinGecko now report "POL (ex-MATIC)" while MATIC-USD still appears on Yahoo Finance and Nasdaq. The transition represents Polygon's evolution into a multi-chain ecosystem.
Where to Track Polygon MATIC USD
- Yahoo Finance: MATIC-USD ticker with full price history
- Nasdaq: MATIC-USD cryptocurrency market activity
- CoinGecko: POL (ex-MATIC) real-time data
- CoinMarketCap: MATIC live price and charts
- TradingView: MATICUSD chart and technical analysis
- CNBC: MATIC.CM= Coin Metrics quote
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The Common category includes then following block: Paragraph, image, heading, latest gallery, quote, audio, cover, video. The paragraphs block is the default block type. This is should not to have any alignment of any kind.
The Common category includes then following block: Paragraph, image, heading, latest gallery, quote, audio, cover, video. The paragraphs block is the default block type. This is should not have any there alignment of any kind. Category and then there are many things too following blocks and many more.