Buy the beautifully recovering Polygon, up almost 30% today: here’s where
Polygon offers investors a host of advantages, such as much lower carbon emissions than Ethereum. The live Polygon price today is $2.4 with a 24-hour trading volume of $5.1 billion. Polygon is up 28.47% in the last 24 hours. Is now the right time to buy Polygon? Read on to see how and where!
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What is Polygon?
Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. Using Polygon, one can create optimistic rollup chains, ZK rollup chains, standalone chains or any other kind of infra required by the developer.
Polygon effectively transforms Ethereum into a full-fledged multi-chain system. This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc. with the advantages of Ethereum’s security, vibrant ecosystem and openness.
Should I buy Polygon today?
Polygon can be a very lucrative investment. It’s important to do in-depth research before making any kind of decision affecting your finances.
Polygon price prediction
Wallet Investor predicts the Polygon price can go up to $3.6 in one year. This comes to earning potential of +52% in one year. In five years (2026), they believe Polygon will be worth $10.57.
Polygon on social media
1/4 🚀 #Ethereum's skyrocketing adoption in everything from DeFi to NFTs comes with a gigantic energy bill. How does #Polygon’s carbon footprint compare? This eye-popping graphic puts things in perspective: pic.twitter.com/Deomca9Dms
— Polygon | $MATIC – We're hiring! (@0xPolygon) December 6, 2021