Polygon
Polygon is a scaling solution for Ethereum, providing faster and cheaper transactions through its layer-2 sidechain network. It supports EVM compatibility and a growing suite of scaling technologies like zk-rollups and optimistic rollups. MATIC is used for gas fees, staking, and governance. It’s ideal for investors looking to gain exposure to Ethereum scalability.
| Polygon | |
|---|---|
| Market Cap Rank | 11 | 
| Sector / Use Case | Layer 2 Scaling Solution | 
| Consensus Mechanism | Proof-of-Stake | 
| Year Launched | 2019 | 
| Current Price Range | $0.30-$2.50 | 
| All-Time High | $2.92 (Dec 2021) | 
| Staking Rewards (%) | 4-7% | 
| Developer Activity Level | Very High | 
| Institutional Adoption | High | 
| Notable Features | Ethereum scaling solution, low fees | 
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