Polygon (MATIC/POL) – Live USD Rate
Polygon (formerly Matic Network) is the first well-structured platform for Ethereum scaling and infrastructure development. Founded in 2017, Polygon boasts up to 65,000 transactions per second on a single sidechain with block confirmation under 2 seconds.
What is Polygon?
Polygon transforms Ethereum into a full multi-chain system. Since attracting Disney, Adidas, Instagram and Prada as ecosystem partners, Polygon remains one of the most active Layer-2 networks. The native POL token currently trades at ~$0.096 USD.
- 65,000 TPS on a single sidechain
- Under 2-second block confirmation
- EVM compatible
- Backed by Binance and Coinbase
- Carbon neutral network
- Disney, Adidas, Instagram partners
Polygon Network Architecture
Polygon combines the Plasma Framework and proof-of-stake blockchain architecture. It supports zkEVM, optimistic rollups, and sidechains — creating a comprehensive Ethereum scaling ecosystem.
Polygon is a Layer-2 scaling solution for Ethereum providing fast, low-cost transactions via sidechains running parallel to the Ethereum main chain.
Polygon was formerly known as Matic Network. The native token was called MATIC but has been upgraded to POL as of September 2024.
Polygon was co-founded in 2017 by Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun.
Explore more Polygon and MATIC price data, tools, and analysis resources on PretMatic.
