Polygon is an application protocol that enables very fast transactions and low fees for compatible networks on the Ethereum blockchain. This means that applications that are built on Ethereum can move to the Polygon Network which provides an environment for users to trade quickly and with low fees.
Since moving to mainnet in 2021, the Total Value Locked (TVL) on the Polygon Network has exploded to over $11 Billion Dollars. This rapid growth has also resulted in a massive rise in price for the Polygon Crypto token called 'MATIC' which has gone up over 20X in a few months.
Buying the Polygon Network token is extremely easy and can be done in 4 simple steps.
The Polygon Network can easily be worth as much as other major Smart Contract platforms like Polkadot, which is valued at around $22 Billion in market cap. This would make Polygon (MATIC) be worth approximately $4.00 per token.
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