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Polygon

MATIC
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+2.78% (24h)

Market Stats

Price
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+2.78% (24h)
Market Cap
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Volume (24h)
$1.27M
Supply
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FDV
$2.18B

Shariah Analysis

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Last Screening: Q1 2024

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Risk Analysis

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Technical Analysis

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Latest News

Kanal Coin 8d ago
Polygon Labs Acquires Coinme and Sequence for $250M
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BitcoinWorld 15d ago
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Technext 18d ago
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Kanal Coin 18d ago
Stablecoins Transform African Remittance Landscape Amid High Costs
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Cointelegraph.com News 20d ago
Bhutan to deploy Sei validator in Q1, eyes tokenization collab
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About Polygon

Polygon, formerly known as Matic Network, is a decentralized scaling platform aiming to solve scalability and usability issues for blockchain applications while maintaining decentralization. It achieves this by providing off-chain scaling solutions for existing platforms like Ethereum, enabling fast and low-cost transactions with finality on the mainchain. The vision of the project is to create an interoperable ecosystem where developers can easily build decentralized applications on any blockchain and facilitate seamless value transfer across multiple blockchains. The development team is also focused on creating user-friendly products such as mobile apps and wallets to enhance the overall user experience and make cryptocurrency usage simpler for all.

Consensus Mechanism

Proof of Stake