EquiscaleEquiscale
PolygonMATIC$0.10774+0.0006(+0.56%)as of Oct 3, 2026
CategorySmart Contract Platforms
MATIC logo
Price History▼ 55.26% over 1Y
Technical Chart

Monthly Returns

Year-to-Date ROI

Historical Volatility

AI Summary

crypto

Strengths1

  • Rising trading interest — 30-day average volume 53% above the 90-day average

Concerns1

  • Trading 96% below its all-time high

Rule-based from financial data. Not advice.

About

What is Polygon?

Polygon is a suite of scaling solutions for Ethereum, anchored by a Proof of Stake sidechain that offers cheap, fast transactions. MATIC (now transitioning to POL) is used for staking, transaction fees, and securing the network's validators.

History

Origin & evolution

Originally launched as Matic Network in 2017 by Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun, the project rebranded to Polygon in 2021 to reflect a broader vision spanning multiple scaling technologies, including zero-knowledge rollups via Polygon zkEVM.

Coin details
Type
Layer 2 / Scaling
Consensus
Proof of Stake
Launched
May 2020
Platform
Ethereum
24h Volume
$1.27M
All-Time High
$2.9232 (-92.5% from ATH)
Whitepaper
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On-chain ActivityActive addresses, transaction count, and gas burnedComing soon
Holder DistributionConcentration of supply by wallet sizeComing soon
Compare CoinsSide-by-side comparison view across two coinsComing soon
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