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Polygon price

Polygon Price(MATIC)

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MATIC
1 MATIC =
EUR €0.506566
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Last updated 2024/07/17 06:53 (UTC)
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Coinbase
1.99%
Kraken
0.26%
Binance
0.1%
No records
€ 0.506566
+1.2%
1D
Page last updated: 2024-07-17 18:53 (UTC+0)
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Price of MATIC today

The live price of Polygon is € 0.506566 per (MATIC / EUR) with a current market cap of € 5.01B EUR. 24-hour trading volume is € 230.10M EUR. MATIC to EUR price is updated in real-time. Polygon is +1.2% in the last 24 hours with a circulating supply of 9.90B.
MATIC Price History EUR
Date ComparisonAmount Change% Change
Today€ 0.005986+1.2%
30 Days€ -0.042609-7.76%
60 Days€ -0.14538-22.30%
90 Days€ -0.10529-17.21%

MATIC Price Information

24h Low & High
The highest and lowest price paid for this asset in 24 hours.
Low: € 0.493633
High: € 0.512676
The highest and lowest price paid for this asset in 24 hours.
All Time High
The highest price paid for this asset since it was launched or listed.
€ 2.672714
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
The percent change in trading volume for this asset compared to 1 hour ago.
+1.02%
The percent change in trading volume for this asset compared to 1 hour ago.
Price Change (24h)
The percent change in trading volume for this asset compared to 24 hours ago.
+1.2%
The percent change in trading volume for this asset compared to 24 hours ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
+8.22%
The percent change in trading volume for this asset compared to 7 days ago.

MATIC Market Information

The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading.
Popularity
Popularity is based on the relative market cap of assets.
#18
Popularity is based on the relative market cap of assets.
Market Cap
Market cap is calculated by multiplying the asset's circulating supply with its current price.
€ 5.01B
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
The total dollar value of all transactions for this asset over the past 24 hours.
€ 230.10M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
9.90B
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
--
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
€ 5.07B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.

About Polygon (MATIC)

Polygon (MATIC) is a layer 2 scaling solution designed to build upon the Ethereum blockchain, facilitating higher transaction throughput and lower transaction costs. Formerly known as the Matic Network, Polygon aims to create the blockchain infrastructure necessary to deploy and use Etheruem-based decentralized applications (DApps) at scale. 

Functioning as an add-on to the Ethereum blockchain, Polygon uses scaling solutions in order to increase the size, capacity, security, and efficiency of the Etheruem network. The Polygon platform is a multi-level system that creates sidechains upon which transactions are executed before they are merged with the main Ethereum chain, reducing the overall load on the Ethereum network.

Polygon integrates multiple sidechain solutions, including plasma chains, which consolidate transactions into a single batch and commit them to the Etheruem blockchain; ZK-Rollups, which integrate multiple transactions into a single transaction; and optimistic roll-ups, which integrate and scale smart contracts.

The Polygon ecosystem is designed to provide users with the ability to create DApps, services, and platforms on Ethereum without high fees or slow transaction speeds. Polygon’s use cases include decentralized finance (DeFi) applications, blockchain-based games, and non-fungible token (NFT) marketplaces. Polygon price is updated and available in real-time on Binance.

People Also Ask: Other Questions About Polygon (MATIC)

  1. What is MATIC Used For?

    It is used for several functions within the Polygon ecosystem, including payment of transaction fees, staking and delegating, liquidity provision, and governance. As a payment method, it is used to pay for smart contract executions and transaction fees on the Polygon network. Staking and delegating MATIC helps secure the network and earn rewards.

  2. How Do Network Consensus and Validation Work on Polygon?

    Polygon achieves network consensus and validation through a proof-of-stake (PoS) consensus mechanism. Validators stake their MATIC tokens to validate transactions through block creation. The process is finalized with Checkpointing to secure the network. This ensures an efficient and secure network for users, with validators playing a crucial role in the process.

  3. Who is the Polygon Founder?

    Polygon, formerly known as Matic Network, was launched by Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun in 2017.

  4. What is the Maximum Token Supply of Polygon?

    The maximum token supply of Polygon is 10 billion tokens (MATIC). This maximum supply was set at the time of the token's launch in April 2019. At the time of writing, the circulating supply is over 8 Billion.

  5. What Makes Polygon Different From Others?

    Polygon is designed to establish an internet of blockchains through which any platform — on-chain or off-chain — is able to interact with the Etheruem network.

    Polygon’s scaling solution operates on a 2.1-second block time, which facilitates the execution of transactions at a speed and scale necessary to provide DApps suitable for widespread adoption. Additional initiatives by Polygon include the NFT and blockchain gaming subsidiary, Polygon Studios.

  6. How to Buy Polygon MATIC? 

    MATIC can be purchased directly from Binance using a debit or credit card. It can also be traded for other cryptocurrencies on the Binance exchange. Live MATIC price is updated in real-time on Binance. For additional instructions and information, users can read our How to buy Polygon (MATIC) Guide.

  7. How Much Will Polygon Matic Be Worth in Future?

    Check out our Polygon Price Prediction page — when deciding on your own price targets. Data displayed are based on user input and not Binance's opinion.

MATIC to Local Currency

FiatPriceOperation
1 MATIC to TRY$ 0.554047
1 MATIC to RUB$ 0.554047
1 MATIC to EUR$ 0.554047
1 MATIC to AED$ 0.554047
1 MATIC to AUD$ 0.554047
1 MATIC to BRL$ 0.554047
1 MATIC to VND$ 0.554047
1 MATIC to IDR$ 0.554047
Last updated 2024/07/17 06:53 (UTC)

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