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Matic Network $MATIC

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About Matic Network

Polygon (formerly Matic Network) is a layer 2 scaling solution for Ethereum that significantly reduces transaction costs and increases speed by processing transactions off the main chain before settling them on Ethereum. Its key features include fast finality, low fees, EVM compatibility, and a growing ecosystem of decentralized applications spanning DeFi, gaming, and NFTs. What makes Polygon unique is its combination of a commit chain architecture with a robust validator network, allowing it to achieve both scalability and security while maintaining interoperability with Ethereum.