Market Cap
$12,688,631,060.13
Volume (24 H)
$1,233,720,304.15
MATIC with marketcap of BTC
$95.5894
Polygon / U.S. Dollar Tweet Timeline of BigCheds

MATIC Sentiment Score of BigCheds

Tweets

@BigCheds

$MATIC (USDT) nice bounce off demand, relative strength https://t.co/0sdxqcMZvC

Jan. 11, 2022, 7:49 p.m.

@BigCheds

$PYR $LUNA $RNDR $LINK $LDO $LTO $FTM $MATIC Relative strength observed

Jan. 9, 2022, 7:57 p.m.

@BigCheds

$MATIC (USDT) closed at low of session - Approaching $2 area https://t.co/vSBs5FRWzl

Jan. 8, 2022, 12:11 a.m.

@BigCheds

$MATIC (USDT) daily MA 50 is an area of interest https://t.co/woa8TeBla1

Jan. 6, 2022, 1:37 p.m.

@BigCheds

$MATIC (USDT) Breakout https://t.co/sL1Dypp8oU

Dec. 26, 2021, 3:28 p.m.

@BigCheds

$MATIC (USDT) some relative strength https://t.co/m1xbvif4ec

Dec. 22, 2021, 12:08 a.m.

@BigCheds

New video for $BTC #Bitcoin Live students 🧑‍🎓 "Cryptocurrency Market Update - Dec 5th 2021" $BTC $LTC $ETH $ADA $BNB $LINK $XRP $DOT $LUNA $SOL $MATIC $AVAX $SHIBA $MANA $SAND $ENJ $AVAX $ATOM $ZEC $FTT Member link https://t.co/R8FAJHvEmf Why join? https://t.co/4gWlzY8vwd

Dec. 6, 2021, 1:49 a.m.

@BigCheds

$MATIC (USDT) nice response so far, another example of relative strength https://t.co/6ySP9ubGJA

Dec. 5, 2021, 12:18 a.m.

@BigCheds

$MATIC (USDT) strength today. Lower high break https://t.co/M4b0oTy4ro

Dec. 1, 2021, 12:39 p.m.

@BigCheds

$ETH $SOL $LUNA $AVAX $DOT $BNB $FTM $FTT $HBAR $MATIC $MANA $LPT $SAND Closest watch right now for alts 👀

Nov. 17, 2021, 2:22 a.m.

@BigCheds

New video for $BTC #Bitcoin Live members Student "Cryptocurrency Market Update - Nov 3rd 2021" $BTC $LTC $ETH $BCH $ADA $BNB $LINK $DOGE $XLM $XRP $THETA $DOT $UNI $SUSHI $LUNA $SOL $MATIC $AVAX $ZEC $SHIBA Member link https://t.co/znKYQYuMYs Why join? https://t.co/4gWlzY8vwd

Nov. 4, 2021, 12:12 a.m.

@BigCheds

New video for $BTC #Bitcoin Live members 🧑‍🎓 "Cryptocurrency Market Update - Oct 31st 2021" $BTC $LTC $ETH $BCH $ADA $BNB $LINK $DOGE $XLM $XRP $THETA $DOT $UNI $SUSHI $LUNA $SOL $MATIC $AVAX $ZEC $SHIBA Member link https://t.co/dU7eQ91u1H Why join? https://t.co/4gWlzY8vwd

Nov. 1, 2021, 12:58 a.m.

@BigCheds

$MATIC (USDT) continued relative strength https://t.co/Yt0Gx9cyL4

Oct. 28, 2021, 12:55 p.m.

@BigCheds

New video for $BTC #Bitcoin Live members 🧑‍🎓 "Cryptocurrency Market Update - Oct 20th 2021" $BTC $LTC $ETH $BCH $ADA $BNB $LINK $DOGE $XLM $XRP $THETA $DOT $UNI $SUSHI $LUNA $SOL $MATIC $AVAX $ATOM $FTM Member link https://t.co/ZJtsJKAJ51 Why join? https://t.co/4gWlzY8vwd

Oct. 21, 2021, 12:14 a.m.

@BigCheds

New video for $BTC #Bitcoin Live members 🧑‍🎓 "Cryptocurrency Market Update - Oct 17th 2021" $BTC $LTC $ETH $BCH $ADA $BNB $LINK $DOGE $XLM $XRP $THETA $DOT $UNI $SUSHI $LUNA $SOL $MATIC $AVAX $ATOM $FTM Member link https://t.co/r7deGB09fR Why join? https://t.co/4gWlzY8vwd

Oct. 18, 2021, 12:57 a.m.

@BigCheds

New video for $BTC #Bitcoin Live members 🧠🧑‍🎓 "Cryptocurrency Market Update - Oct 13th 2021" $BTC $LTC $ETH $BCH $ADA $BNB $EOS $LINK $DOGE $XLM $XRP $THETA $DOT $UNI $SUSHI $LUNA $SOL $MATIC $AVAX Member link https://t.co/9XwJB582WA Why join? https://t.co/8qT4dJLAJy

Oct. 14, 2021, 12:12 a.m.

@BigCheds

New video for $BTC #Bitcoin Live members 🧠🧑‍🎓 "Cryptocurrency Market Update - Oct 10th 2021" $BTC $LTC $ETH $BCH $ADA $BNB $EOS $LINK $DOGE $XLM $XRP $THETA $DOT $UNI $SUSHI $LUNA $SOL $MATIC $AVAX Member link https://t.co/n4gLaZThAz Why join? https://t.co/4gWlzY8vwd

Oct. 11, 2021, 12:35 a.m.

@BigCheds

*NEW* Video posted for $BTC #Bitcoin Live members 🧠 "Cryptocurrency Market Update - Oct 2nd 2021" $BTC $LTC $ETH $BCH $ADA $BNB $EOS $LINK $DOGE $XLM $XRP $THETA $DOT $UNI $SUSHI $LUNA $SOL $MATIC $AVAX Member link -https://t.co/G5vbevS0BI Why join?https://t.co/4gWlzY8vwd

Oct. 4, 2021, 12:19 a.m.

@BigCheds

*NEW* Video posted for $BTC #Bitcoin Live members Brain "Cryptocurrency Market Update - Sep 22nd 2021" $BTC $LTC $ETH $BCH $ADA $BNB $EOS $LINK $DOGE $XLM $XRP $THETA $DOT $UNI $SUSHI $LUNA $SOL $MATIC $FTT Watch ->https://t.co/lHo0DPbNE0 Why join?https://t.co/4gWlzXQU7D

Sept. 22, 2021, 1:03 p.m.

@BigCheds

*NEW* Video posted for $BTC #Bitcoin Live members 🧠 "Cryptocurrency Market Update - Sep 19th 2021" $BTC $LTC $ETH $BCH $ADA $BNB $EOS $LINK $DOGE $XLM $XRP $THETA $DOT $UNI $SUSHI $LUNA $SOL $MATIC $FTT Watch ->https://t.co/BaZjrPhtji Why join?https://t.co/4gWlzY8vwd

Sept. 20, 2021, 1:19 a.m.

@BigCheds

*NEW* Video posted for $BTC #Bitcoin Live members 🧠 "Cryptocurrency Market Update - Sep 15th 2021" $BTC $LTC $ETH $BCH $ADA $BNB $EOS $LINK $DOGE $XLM $XRP $THETA $DOT $UNI $SUSHI $LUNA $SOL $MATIC $FTT Watch ->https://t.co/wXpRa77GZf Why join?https://t.co/4gWlzY8vwd

Sept. 16, 2021, 1:27 a.m.

About Polygon

What Is Polygon (MATIC)?

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.

To learn more about this project, check out our deep dive of Polygon Matic.

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.

The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance.

Polygon (formerly Matic Network) is a Layer 2 scaling solution backed by Binance and Coinbase. The project seeks to stimulate mass adoption of cryptocurrencies by resolving the problems of scalability on many blockchains.

Polygon combines the Plasma Framework and the proof-of-stake blockchain architecture. The Plasma framework used by Polygon as proposed by the co-founder of Ethereum, Vitalik Buterin, allows for the easy execution of scalable and autonomous smart contracts.

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.

Polygon boasts of up to 65,000 transactions per second on a single side chain, along with a respectable block confirmation time of less than two seconds. The framework also allows for the creation of globally available decentralized financial applications on a single foundational blockchain.

The Plasma framework gives Polygon the potential of housing an unlimited number of decentralized applications on their infrastructure without experiencing the normal drawbacks common on proof-of-work blockchains. So far, Polygon has attracted more than 50 DApps to its PoS-secured Ethereum sidechain.

MATIC, the native tokens of Polygon, is an ERC-20 token running on the Ethereum blockchain. The tokens are used for payment services on Polygon and as a settlement currency between users who operate within the Polygon ecosystem. The transaction fees on Polygon sidechains are also paid in MATIC tokens.

Who Are the Founders of Polygon?

Polygon (formerly Matic Network) was launched in October 2017. Polygon was co-founded by Jaynti Kanani, Sandeep Nailwal and Anurag Arjun, two experienced blockchain developers and a business consultant.

Before moving to its network in 2019, the Polygon team was a huge contributor in the Ethereum ecosystem. The team worked on implementing the Plasma MVP, the WalletConnect protocol and the widely-used Dagger event notification engine on Ethereum.

The team included co-founder of Polygon, Jaynti Kanani. Jaynti, a full-stack developer and blockchain engineer currently serves as the CEO of Polygon.

Jaynti played an integral role in implementing Web3, Plasma and the WalletConnect protocol on Ethereum. Prior to his blockchain involvement, Jaynti worked as a data scientist with Housing.com.

Co-founder and chief operations officer of Polygon, Sandeep Nailwal is a blockchain programmer and entrepreneur. Before jointly starting Polygon (formerly Matic), Sandeep had served as the CEO of Scopeweaver, and the chief technical officer of Welspun Group.

Anurag Arjun is the only non-programming co-founder of Polygon. As a product manager, he has had stints with IRIS Business, SNL Financial, Dexter Consultancy and Cognizant Technologies.

What Makes Polygon Unique?

Polygon is self-described as a Layer 2 scaling solution, which means that the project doesn’t seek to upgrade its current basic blockchain layer any time soon. The project focuses on reducing the complexity of scalability and instant blockchain transactions.

Polygon uses a customized version of the Plasma framework which is built on proof-of-stake checkpoints that run through the Ethereum main-chain. This unique technology allows each sidechain on Polygon to achieve up to 65,536 transactions per block.

Commercially, the sidechains of Polygon are structurally designed to support a variety of decentralized finance (DeFi) protocols available in the Ethereum ecosystem.

While Polygon currently supports only Ethereum basechain, the network intends to extend support for additional basechains, based on community suggestions and consensus. This would makePolygon an interoperable decentralized Layer 2 blockchain platform

How Many Polygon (MATIC) Tokens Are There in Circulation?

MATIC tokens are released on a monthly basis. MATIC currently has a circulating supply of 4,877,830,774 MATIC tokens and a max supply of 10,000,000,000 MATIC tokens.

At its initial private sale in 2017, 3.8 percent of MATIC’s max supply was issued. In the April 2019 launchpad sale, another 19 percent of the total supply was sold. The MATIC price was $0.00263 per token, and $5 million was generated.

The remaining MATIC tokens are distributed as follows:

Team tokens: 16 percent of the total supply. Advisors tokens: 4 percent of the total supply. Network Operations tokens: 12 percent of the total supply. Foundation tokens: 21.86 percent of the total supply. Ecosystem tokens: 23.33 percent of the total supply.

According to the release schedule, all the tokens will be released by December 2022.

How Is the Polygon Secured?

As a Layer 2 solution utilizing a network of proof-of-stake validators for asset security, staking is an integral part of the Polygon ecosystem. Validators on the network will stake their MATIC tokens as collateral to become part of the network’s PoS consensus mechanism and will receive MATIC tokens in return.

Members of the network who do not wish to become validators can delegate their MATIC tokens to another validator, but will still take part in their staking process and earn staking rewards.

In addition to the proof-of-stake checkpointing, Polygon uses block producers at the block producer layer to achieve a higher degree of decentralization. These block producers give finality to the main chains using checkpoints and fraud-proof mechanisms.

Where Can You Buy Polygon (MATIC)?

Being one of the projects that contributed a lot to the development of the Ethereum ecosystem, MATIC is popular among online exchanges focused on DeFi. The top exchanges where you can buy, sell, and trade MATIC currently are:

Binance Coinbase Pro Huobi Global FTX KuCoin

To check Polygon price live in the fiat currency of your choice, you can use CoinMarketCap’s converter feature directly on the Polygon price page. Alternatively, use the dedicated exchange rate converter page. Popular MATIC price pairs include: MATIC/USD, MATIC/GBP, MATIC/AUD, MATIC/EUR and MATIC/JPY.

If you are new, you can find our simplified guide for purchasing crypto, project deep dives and more educational content on CoinMarketCap Alexandria.

Latest News On Polygon

Everything you need to know about Polygon (MATIC) - The Face

Everything you need to know about Polygon (MATIC) The FacePolygon Price Analysis: MATIC Fails at $1.8 But Bulls on the Offense Again CryptoPotatoPolygon 2025 price prediction: Can MATIC stave off competition? Kalkine MediaPolygon reaches new milestone of 7000 dApps, beats ETH's daily transaction volume AMBCrypto NewsWhy Is Ethereum-Based Polygon Buoyant Today? - Benzinga BenzingaView Full Coverage on Google News

Tue, 25 Jan 2022 06:43:21 GMT

Ethereum, Cardano, Polygon, Solana, Avalanche And Polkadot Deathmatch. Who Wins, Who Dies? - Forbes

Ethereum, Cardano, Polygon, Solana, Avalanche And Polkadot Deathmatch. Who Wins, Who Dies? Forbes

Fri, 28 Jan 2022 15:39:06 GMT

Why Cryptocurrencies Like Avalanche, Terra, Polygon, and Algorand Are Crashing Today - The Motley Fool

Why Cryptocurrencies Like Avalanche, Terra, Polygon, and Algorand Are Crashing Today The Motley Fool

Mon, 24 Jan 2022 19:21:37 GMT

YouTube’s head of Gaming leaves to join blockchain group Polygon - TechCrunch

YouTube’s head of Gaming leaves to join blockchain group Polygon TechCrunch

Tue, 25 Jan 2022 19:08:22 GMT

Augmented Reality DApp Switches Networks from Ethereum to - GlobeNewswire

Augmented Reality DApp Switches Networks from Ethereum to GlobeNewswire

Fri, 28 Jan 2022 16:33:01 GMT

$MATIC: Mobile-Only Gaming Universe Coming to Ethereum With Polygon’s Help - CryptoGlobe

$MATIC: Mobile-Only Gaming Universe Coming to Ethereum With Polygon’s Help CryptoGlobe

Thu, 27 Jan 2022 14:23:42 GMT

Cryptocurrencies Price Prediction: Axie Infinity, Polygon & Bitcoin — Asian Wrap 24 Jan - FXStreet

Cryptocurrencies Price Prediction: Axie Infinity, Polygon & Bitcoin — Asian Wrap 24 Jan FXStreet

Mon, 24 Jan 2022 00:28:09 GMT

What is Moonbeam (GLMR) crypto & its Polygon-based network? - Kalkine Media

What is Moonbeam (GLMR) crypto & its Polygon-based network? Kalkine Media

Fri, 28 Jan 2022 07:32:33 GMT

What is the SX Network? - newsbtc.com

What is the SX Network? newsbtc.com

Sat, 29 Jan 2022 09:58:57 GMT

Here are 5 altcoins to study as crypto prices drop to near 1-year lows - Cointelegraph

Here are 5 altcoins to study as crypto prices drop to near 1-year lows Cointelegraph

Mon, 24 Jan 2022 22:18:11 GMT
2.0%
Average Weekly ROI
11.8%
Average Monthly ROI