|Price to ATH
MATIC is an ERC-20 token and the governance coin of the Polygon blockchain. Polygon network aims to solve Ethereum's fundamental limitations such as scalability, speed, and compatibility. Polygon claims to have the security of the Ethereum network while providing the very cheap and fast transactions. MATIC is the most successful Ethereum Layer-2 project so far. MATIC's Polygon network has a TVL of over 3 Billion USD.
With a total market cap of over $6.55 billion, Polygon is the No. 14 cryptocurrency by market size. The currency symbol for Polygon is MATIC and it originated in India. There will only ever be 10 billion Polygon tokens issued. So far 9.24 billion tokens (92.4% of the total supply) have been issued.
We found crypto protocols offering up to 137.8% APY on Polygon deposits (5.5% APY CeFi, 137.8% APY DeFi) and loans as low as 6.9% APR against Polygon used as collateral. Check out our Polygon staking yields table and for further details.
The technical price analysis for Polygon below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Polygon.
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