Polygon (POL)
Polygon is an ecosystem of scaling networks that aim to make Ethereum-style apps cheaper and faster to use. Its token has evolved over time; today it’s commonly referenced as POL in that ecosystem.
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What is Polygon?
Polygon is best known as an Ethereum scaling ecosystem that helps applications and users reduce transaction costs and improve responsiveness compared to the Ethereum main chain alone. Polygon has supported multiple approaches to scaling, and its networks are used for tokens, NFTs, gaming-like interactions, and other apps that benefit from lower fees. The ecosystem’s token is commonly referenced as POL (and historically as MATIC), and it is used for network fees and other protocol functions depending on the specific Polygon network. Because Polygon is closely linked to Ethereum’s application landscape, it can sometimes move with broader Ethereum ecosystem narratives—especially when scaling, fees, and user activity become a focus. When tracking Polygon, it helps to compare it with ETH and other scaling or platform assets to understand whether moves are specific or market-wide. A calmer tracker keeps your view practical: what’s changing, and what’s just noise.
Common use cases
- Using lower-fee, Ethereum-compatible networks for app interactions
- Transferring and trading tokens on Polygon-supported networks
- Supporting consumer apps where lower transaction costs matter
- Tracking scaling narratives tied to Ethereum ecosystem activity
Why track POL with Cryptolandia?
- POL is often discussed alongside Ethereum scaling and fee dynamics
- A clear view helps you compare scaling tokens without headline overload
- Watching POL with ETH, SOL, and AVAX adds useful cross-ecosystem context
FAQ
Is Polygon the same as Ethereum?
No. Polygon is a separate ecosystem designed to scale Ethereum-style applications, but it is closely linked to Ethereum compatibility.
Why do people use Polygon?
Many use it to access apps with lower fees and faster interactions than they might see on Ethereum mainnet during busy periods.
Why is the token sometimes called MATIC?
MATIC is the historical token name; POL is used in current Polygon ecosystem discussions. Different venues may still show legacy naming.
Related assets
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