$MATIC

Matic (Polygon) is a layer-2 scaling solution for Ethereum that aims to improve scalability and reduce transaction costs. It has gained popularity for its ability to enable faster and cheaper transactions on the Ethereum network.

Since its launch, Matic has experienced significant price fluctuations. It initially started trading in early 2019 at a very low price, and its value remained relatively stable for several months. However, in early 2021, Matic experienced a significant rally along with the broader cryptocurrency market. It reached an all-time high price in May 2021.

The price performance of Matic has been influenced by various factors, including market sentiment, adoption of the Polygon network, developments in the Ethereum ecosystem, and overall market conditions.