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Polygon

CryptoCrypto
Symbol: MATIC
MATIC

Price

Fundamentals

Rank

 
#102

Market Cap

 
$941.42M

Circulating Supply

2,521,120,340.00
25.21%

Max Supply

 
10,000,000,000.00

Frequently asked questions

What is the rank of Polygon by market capitalization?

Polygon holds the #102 position among cryptocurrencies based on market capitalization. This ranking reflects the relative size and significance of Polygon compared to other digital assets in the crypto market.

What is the market capitalization of Polygon?

The market capitalization of Polygon is $941.42M. Market cap is calculated by multiplying the current price per coin by the number of coins in circulation.

How many Polygon are there?

The circulating supply of Polygon is 2,521,120,340.00, which is 25.21% of its maximum supply. This figure represents the number of coins that are currently available and can actively be traded in the market.

What is the maximum supply of Polygon?

The maximum supply of Polygon is 10,000,000,000.00 coins. This is the total number of coins that will ever be created, serving to limit inflation and ensure scarcity.

How much of Polygon's maximum supply is already in circulation?

Currently, 25.21% of Polygon's maximum supply is in circulation, amounting to 10,000,000,000.00 coins. This indicates how close Polygon is to reaching its maximum supply limit.

Pricing

1D span
$0.369$0.376
52W span
$0.291$1.272

Information

Polygon (Previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. Using Polygon, one can create Optimistic Rollup chains, ZK Rollup chains, stand alone chains or any other kind of infra required by the developer. Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc with the advantages of Ethereum’s security, vibrant ecosystem and openness. Nothing will change for the existing ecosystem built on the Plasma-POS chain. With Polygon, new features are being built around the existing proven technology to expand the ability to cater to diverse needs from the developer ecosystem. Polygon will continue to develop the core technology so that it can scale to a larger ecosystem. The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance.

Identifier

Symbol

MATIC

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