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POL (prev. MATIC) POL |
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£0.1501622 |
0.39 % (24h) |
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Marketcap |
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£1,560,499,879 |
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Volume 24h |
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£88,136,934 |
Description
Polygon (POL) is the native token of the Polygon network, a layer-2 scaling solution for Ethereum. It is used for transaction fees, staking, and governance within the Polygon ecosystem. POL aims to enhance transaction speed and reduce costs on the Ethereum blockchain. Additionally, it provides a platform for developers to build decentralized applications (dApps) on the Polygon network.