The live Polygon price today is $1.45 with a 24-hour trading volume of $970.7 million. Polygon may be up a modest 2% in the last 24 hours, but it’s the only top 20 crypto in the green at the time of writing.
Look no further than this short article for all the details about Polygon: what it is, is it worth investing in, and the best places to buy Polygon now.
Top places to buy Polygon now
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What is Polygon?
Polygon (formerly Matic Network) is a Layer 2 scaling solution, which wants to resolve the problems of scalability on many blockchains, bringing about mass adoption of cryptocurrencies.
The solution combines PoS architecture with the Plasma Framework, which makes it easy to execute scalable and autonomous smart contracts.
Polygon is building new features around the existing proven technology to expand its ability to meet developers’ needs. The blockchain will continue to develop the core technology so that it can scale to a larger ecosystem.
Polygon claims to be capable of processing up to 65,000 transactions per second on a single side chain. It takes less than two seconds to confirm a block. The network enables the creation of globally accessible dApps on a single blockchain.
Should I buy Polygon today?
Polygon can be a lucrative investment, but take the time to read at least several price predictions from leading analysts and do market research before making a commitment. Take all investment advice with a grain of salt.
Polygon price prediction
Changelly is bullish on Polygon, predicting an average of $5.68 and a minimum of $5.29 in 2023. Polygon can go up to $6.51 next year. In 2024, the maximum it can reach is $9.55, but trading for an average of $7.93 is more likely.
Polygon on social media
Top Polygon NFT Projects With Highest sale Volume On Opensea Last 7 Days@DecentralGames@crypto_unicorns@sunflowerfarmz@ApeironNFT@defydisrupt@HeroGalaxyNFT@FireDAONet@PlayEmberSword@TheRedVillage#POLYGON $MATIC pic.twitter.com/Nl7W2RCpM2
— Polygon Daily (@PolygonDaily) April 21, 2022