Polygon (MATICUSD): Polygon (MATIC) Polygon (MATIC) is a p...

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Saturday, 11/12/2022 8:48:45 AM

Saturday, November 12, 2022 8:48:45 AM

Polygon (MATIC)
Polygon (MATIC) is a platform that allows Ethereum (ETH) smart contracts to be executed faster and more cheaply. Polygon (MATIC) achieves this with a number of scaling solutions, like zk-rollups, optimistic rollups, sidechains, zkProver, and other technologies.

With Ethereum (ETH) being used as the foundation for so many protocols and projects, there's high demand for it as a multi-chain system with no scaling issues. That's where Polygon (MATIC) comes in, and it's already being used by some of the biggest names in the space, including JPMorgan, Starbucks, and Reddit.

The price of Polygon (MATIC) has responded positively to this continued bullish news, with gains of over 100% since the summer of 2022. Polygon has also just become a top 10 cryptocurrency by market cap and is currently sitting at around $8 billion.

https://www.outlookindia.com/outlook-spotlight/orbeon-protocol-orbn-set-to-change-the-vc-industry-and-grow-with-ethereum-eth-polygon-matic--news-236873