Polygon is a blockchain that aims to enable the development of Smart Contracts and Decentralized Applications (DApps), with fees much lower than those charged by Ethereum.
Polygon’s network works from a network of decentralized nodes that create a parallel network (sidechain) to Ethereum. This allows it to have a higher transaction processing speed, sensibly reducing the necessary gas fees.
In addition, Polygon uses the Proof-of-Staking (PoS) consensus system, whereby participating nodes can block MATIC tokens to earn rewards and help the operation of the network.
In this section, you will find the latest Polygon News, so as not to miss any detail of this interesting project.
![Polygon's [MATIC] EIP-1559 upgrade may have far-reaching implications](https://crypto-economy.com//wp-content/uploads/2021/12/ravi-roshan-_AdUs32i0jc-unsplash-1-e1639491315593.jpg)
The development team behind the Ethereum Layer 2 scalability protocol, has announced that the highly-anticipated testnet implementation of Ethereum Improvement Proposal 1559 has gone live.
Polygon (MATIC) is recovering from the recent price dumps, and there are many opportunities for it to hit a new ATH soon. The token has been
![Will Polygon's [MATIC] epic rise fetch an ATH?](https://crypto-economy.com//wp-content/uploads/2021/12/pedro-da-silva-Fqw7jHFZRZ0-unsplash-e1638546296738.jpg)
After the November lull, things look good for Polygon’s native token, MATIC. While top cryptocurrencies looked for a decisive direction, MATIC went on to score a
Polygon has had great days with green daily candles and increasing revenues hitting new ATHs in the network revenues. Other metrics are also increasing for the
![Everything you need to know about Polygon's [MATIC] new scaling solution](https://crypto-economy.com//wp-content/uploads/2021/11/dil-F35EmcotWPY-unsplash-e1637082854684.jpg)
Prominent layer 2 network, Polygon today unveiled a STARK-based, Ethereum Virtual Machin [EVM] compatible rollup two months after its strategic $1 billion fund allocation for zero-knowledge
![Polygon's [MATIC] virtual market maker fetches $1.5M in seed round](https://crypto-economy.com//wp-content/uploads/2021/11/precondo-ca-OlSGcrLSYkw-unsplash-e1637049624973.jpg)
Polygon-based platforms have managed to amass significant investments of late. In the latest development, Polysynth, which happens to be a synthetic asset platform based on Polygon,
The activity on the Polygon network as an alternative to Ethereum is still rising, and it can result in more gains for its native token, MATIC.
![Here's how Polygon [MATIC] plans to slash 90% of fees](https://crypto-economy.com//wp-content/uploads/2021/11/hermez.jpg)
It seems Polygon has ambitious plans to slash 90% of fees and offer another opportunity to use the network with lower prices. Polygon Hermez is the
![Polygon [MATIC] sets new ATH in network revenues despite pullback](https://crypto-economy.com//wp-content/uploads/2021/10/polygon-1.jpg)
The Polygon network is on the rise in terms of network revenues, but some other metrics are declining, DAU, for example. It seems that despite the
Polygon [MATIC] has managed to stay away from the current market-wide drawdown. Over the past week, the crypto-asset was still up by more than 20% and
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