Polygon (CRYPTO: MATIC)
Key Data Points
Polygon Return vs. S&P
| 1 Year | 5 Year | 5 Year Annualized | Since IPO |
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Polygon Company Info
Polygon (MATIC) is a scaling solution for the Ethereum blockchain that aims to provide faster and cheaper transactions. It is a parallel blockchain that users can "bridge" their tokens to and interact with through compatible wallets such as MetaMask or Coinbase Wallet. The network is secured by a Proof-of-Stake consensus algorithm and its native currency, MATIC, is used to pay for transaction fees and can be staked to earn rewards. Polygon was launched in 2020 by Ethereum developers and has attracted several leading DeFi applications to its network, including Uniswap, Aave, and PoolTogether.
News & Analysis
You Might Be Surprised By the 2 Cryptos That Billionaire Mark Cuban Is Buying for His Portfolio
The search is on for cryptocurrencies with real-world utility.
Why Polygon, NEAR Protocol, and Optimism Nosedived This Week
These three scalability-focused networks are seeing big downside this week on conflicting data.
Why Altcoins Like Polygon and Uniswap Plummeted This Week
Negative speculation on the regulatory front led to a broad sell-off throughout the sector.
1 Cryptocurrency to Avoid No Matter What
Polygon is one of the better-known cryptocurrencies, but it faces a lot of challenges.
2 Cryptocurrencies That Are Down 20% and Ready to Pop
Polygon and Uniswap are two beaten-down cryptos with huge upside potential. But a lot needs to go right for both of them.
Can Polygon (MATIC) Reach $3?
Consider the potential behind Polygon's swooning price chart and what it may take to hit a bullish target of $3 per token.
Why Cryptocurrencies Dropped Like a Rock This Week
Crypto was making all the wrong headlines today.
Can Polygon Reach $1?
Polygon has fallen out of favor with investors, but there are two catalysts that could send this crypto soaring.
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