$POL Polygon (MATIC) is a blockchain protocol designed to address the scalability issues of the Ethereum network. It offers fast, low-cost, and secure transactions, making it ideal for decentralized applications (dApps) and smart contracts. Polygon uses two key technologies: Plasma and zk-rollups, which help scale the Ethereum blockchain. MATIC is the native token of the Polygon network, used for paying gas fees and securing the network. Polygon's popularity is growing as it provides a robust and faster alternative to Ethereum, enabling more efficient and affordable decentralized solutions, making it a significant player in the blockchain space.