Polygon (MATIC) Price Today
| Market Cap | $0 |
| 24h Volume | $1,096,704 |
| Volume / Market Cap | — |
| Rank | #— |
| Fully Diluted Valuation | $2,805,449,412 |
| All-Time High | $2.92 (-90.41%) |
| All-Time Low | $0.003144 (+8795.10%) |
| Circulating | 0 |
| Total | 10B |
| Max | 10B |
| Circulating / Max | — |
| Date | Price (USD) |
|---|---|
| 8/29/2025 | $0.247922 |
| 8/30/2025 | $0.240699 |
| 8/31/2025 | $0.25638 |
| 9/1/2025 | $0.277645 |
| 9/2/2025 | $0.271251 |
| 9/3/2025 | $0.289641 |
What is Polygon?
Polygon is a blockchain platform that offers improved speed and lower costs compared to other networks. The asset is known by its full name, Polygon, and its ticker symbol is MATIC. It is best known as a smart contract platform that works to improve the scalability and usability of existing blockchains. Polygon was designed to help developers build decentralized applications with increased efficiency. While there may have been complex technical descriptions in official documents, a simple way to understand Polygon is as a platform that makes transactions faster and more affordable, especially for applications that run smart contracts and decentralized finance projects. There isn’t an overly technical explanation available directly in plain terms, so this overview is meant to simplify the core purpose of the asset.
For those looking to learn more about how various technologies work in the crypto space, one can consider exploring topics such as crypto automated trading, which provides insight into the integration of blockchain technology with digital trading strategies. Polygon continues to be recognized among blockchain networks for its role in easing the path for developers and users to interact with decentralized applications, serving as a bridge to more efficient and scalable digital ecosystems.
What does Polygon actually do?
Polygon serves a specific technical role in the cryptocurrency ecosystem. It is designed to offer a framework that increases the scalability of Ethereum by creating a layer for faster transactions and reduced fees. Its primary purpose is to support the development and deployment of smart contracts and decentralised applications, providing developers with an environment where they can build programs that run without a central authority. Common users include developers who use Polygon as a base for creating apps, traders who benefit from its faster transactions, and even institutions that require a robust network for decentralized finance. The network also provides a space for staking, which is essential for maintaining its security and functionality.
In addition, Polygon has unique features that include interoperability with several blockchains and improvements in transaction speed, which can be particularly beneficial in high-frequency trading scenarios. For practical insights into automated methods within the cryptocurrency world, readers may find information on tradingview automated trading useful. The platform also allows for the integration of advanced services such as ai trading bots that can help streamline various trading strategies. While not every technical detail is always openly discussed, these features illustrate how Polygon continues to support a diverse community by improving network efficiency and usability.
Disclaimer
This page is for educational purposes only and is not financial advice.
Where to buy Polygon?
Below is a curated list of supported exchanges.
| Exchange | Price (USD) | Link |
|---|---|---|
| No supported exchanges found in cache. | ||