What is Polygon (MATIC) - How it Works, Benefits and Use Cases

Crypto Basics

What is Polygon (MATIC) - How it Works, Benefits and Use Cases

Learn everything about Polygon (MATIC) crypto including its benefits and use cases.

Token Metrics Team

7 minutes

MIN

Index

Overview of Solana Blockchain

Polygon (formerly known as Matic Network) is a protocol for building and connecting Ethereum-compatible blockchain networks. It is designed to provide faster and cheaper transactions on the Ethereum network by using side chains and an adapted version of the Plasma framework.

It also offers a wide range of:

Smart contract solutions
Secure identity solutions, and
Wallet solutions.

History of Polygon (MATIC) Crypto

The history of Polygon Matic dates back to 2017 when the project was founded by Jaynti Kanani and Sandeep Nailwal. In 2021, the project took up a rebranding and went from Matic Network to Polygon. This was done in the light of reflecting a broader focus on providing infrastructure for a wide range of blockchain use cases.

With Polygon MATIC, users can easily create and manage their own decentralized applications, securely store and transfer assets, and even trade digital assets. With its powerful features and benefits, Polygon MATIC can be a great tool for you to leverage the power of the blockchain. Find out how it can benefit you in the best ways possible below.

Benefits of Polygon

Polygon MATIC has several benefits that make it a great blockchain solution. Here are a few of its top benefits that you need to be aware of:

Scalability - Polygon MATIC has high scalability and can support millions of users and transactions. It can also scale at a very low cost. This means that it can handle high transaction volumes and can support a large user base.
Security - Polygon MATIC is a secure platform with state-of-the-art security features. You can easily secure your data and transactions on the platform through the use of the platform’s security features.
Wide range of services and tools - Polygon MATIC offers a wide range of services and tools that can benefit different types of users. Whether you are a developer, an individual, or a business, Polygon MATIC can help you with your decentralized applications and smart contracts.
Cost-effective and scalable solutions - With Polygon MATIC, you can easily and cost-effectively deploy various decentralized applications. It also offers scalable solutions that can grow and evolve with your business.

Polygon Use Cases

E-commerce and Online Retail - The Polygon MATIC blockchain can help improve e-commerce and online retail. This is because distributed ledger technology can significantly reduce the cost of transactions and make it easier for businesses to manage their supply chain.

Supply chain management - The Polygon MATIC blockchain can also help in supply chain management. It can help track shipments and provide transparency and security across the supply chain.

Gaming - The Polygon MATIC blockchain can help improve gaming through tokenization. It can also help gamers exchange their digital assets.

Healthcare - The Polygon MATIC blockchain can help in healthcare by enabling secure and immutable record storage. It can also help in improving the efficiency of health-related apps and services.

ICO and Crowdfunding - The Polygon MATIC blockchain can help improve the ICO and crowdfunding experience. It can also help in improving the tokenization process and provide transparency.

Polygon Security Features

The Polygon MATIC blockchain is a secure and reliable blockchain solution. It uses a distributed ledger technology that is decentralized and peer-to-peer. This means that there is no single point of failure and it is not controlled by a single entity. This makes it secure and reliable. When it comes to security, the Polygon MATIC blockchain has many features.

Some of these features are discussed below:

Advanced consensus algorithms - The Polygon MATIC blockchain uses advanced consensus algorithms to verify transactions. This makes it secure and reliable. These algorithms include PBFT (Practical Byzantine Fault Tolerance), VRF (Variable Resonance), and EOS consensus.
Strong authentication method - The Polygon MATIC blockchain has a strong authentication method that makes it difficult to hack or spoof. Even if someone is able to hack into the network, they can only hack a single node and not the entire network.
Encrypted communication - The communication between the nodes on the Polygon MATIC blockchain is encrypted. This makes it difficult to hack or spoof.

Polygon (MATIC) Cost

The cost of using Polygon MATIC will depend on your usage. The more you use the platform, the higher the cost will be. You can also choose to outsource your needs and use Polygon MATIC as a service.

Here are a few things you should know about the Polygon MATIC cost:

The cost of using the Polygon MATIC blockchain platform for deploying DApps is $1499.
The cost of deploying a smart contract is $599.
The cost of deploying wallets is $499.
The cost of deploying an identity and security solution is $1199.
The cost of deploying a trading platform is $1499.

Note: These prices may have changed due to change in MATIC's price.

These are the costs of using Polygon MATIC as a service. For more details on the cost, visit their website.

Polygon Crypto Alternatives

Ethereum - Ethereum is a popular blockchain platform used for developing decentralized applications and smart contracts. It is also used for ICOs and crowdfunding.
Hyperledger - Hyperledger is another popular blockchain platform used for developing decentralized applications and smart contracts.
EOS - EOS is also a blockchain platform used for developing decentralized applications and smart contracts.
Cardano - Cardano is a scalable blockchain platform that can support large volumes of transactions.

Is Polygon (MATIC) a Good Investment?

As for whether Polygon is a good investment, it's important to remember that the cryptocurrency market is highly volatile and that investing in any cryptocurrency carries a high level of risk. It's important to do your own research and carefully consider your investment options before making any decisions.

How to Buy Polygon (MATIC) Crypto?

If you're interested in buying MATIC, you can do so on a number of cryptocurrency exchanges that offer it. Some popular options include Binance, Coinbase, and Kraken. Be sure to carefully compare the fees and features of different exchanges before choosing one to use. Below are the 5 simple steps that you can follow to get your own Polygon:

Choose a Crypto Exchange Broker
Create your account (Crypto Wallet)
Link your Bank Account to your wallet
Pick the Cryptocurrency you want to invest in
Choose your storage method

Great, but, do we know where Polygon is headed in the future?

Future of Polygon (MATIC)

It's difficult to predict the future of Polygon with certainty, but the project has gained significant traction in the cryptocurrency community and has the potential to continue growing and gaining adoption in the future. However, as with any investment, it's important to be aware of the risks and to carefully consider your options before making any decisions.

The Bottom Line

Token Metrics is happy to provide you with AI-driven market updates and information regarding the crypto world but it is you who needs to be the decision maker when it comes to your crypto investments.

Polygon (formerly Matic Network) offers innovative technology that could potentially democratize blockchain through the creation of customized, interoperable networks. While it's difficult to predict the future performance of MATIC, the project has a strong team and partnerships with well-known companies.

However, as with any cryptocurrency investment, there is a high level of risk and it's important to carefully consider all options before making any decisions. Blockchain technology is still in its early stages and it may be more profitable to invest in the technology itself rather than just the hype. It's also important to exercise caution when building a cryptocurrency portfolio.

Disclaimer: The information provided on this website does not constitute investment/trading/financial advice and you should not treat any of the website’s content as such. Token Metrics does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions. We only offer comprehensive information which may change according to time.

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Launch Coin and the Rise of Internet Capital Markets

Token Metrics Team

3 min

MIN

In crypto, narratives evolve quickly—and in May 2025, a new one has captured the spotlight: Internet Capital Markets (ICM). At the center of this trend is a project called Launchcoin, which has surged over 20x in just days. But what is Launchcoin, and is this a sustainable movement or just another speculative wave?

What is Launchcoin?

Launchcoin is a protocol that lets users tokenize ideas directly from social platforms like X (formerly Twitter). Simply replying to a post with “@launchcoin + [your coin name]” can trigger the launch of a new token. The concept taps into the virality of meme coins but attempts to systematize it—making anyone with an idea a potential coin founder.

The recent buzz around Launchcoin follows a model that resembles earlier social-token projects like Clankerbot, but this one adds frictionless UX and a mobile-first approach. Some are already calling it “the TikTok of token launches.”

Is This Sustainable?

The token’s valuation surged from $0.01 to $0.24, with an FDV nearing $240M. Despite the meteoric rise, it’s worth noting that most of the current activity is speculative. At this stage, we view Launchcoin more as a trade than a long-term investment.

There are warning signs too: limited website traffic, sparse social engagement beyond one viral post, and no clear roadmap. While it’s grabbing headlines, it’s unclear how sticky this platform will be without deeper utility.

The Bigger Picture: Internet Capital Markets

Launchcoin is just the first ripple in a broader trend. ICM refers to the blending of social influence, capital formation, and blockchain—making it possible for ideas to become tradable assets in minutes. It reflects a growing appetite for spontaneous, viral, and community-led funding mechanisms.

While this space is still in its infancy, it hints at a future where capital formation isn't reserved for VCs and big-name founders but is democratized across the internet.

Final Thoughts

Launchcoin is exciting—but also risky. As with many meme-era projects, early gains may be followed by sharp corrections. Still, the rise of ICM is a signal worth watching. If future protocols can combine virality with compliance and utility, we could be witnessing the next evolution in how projects are launched—and who gets to launch them.

How Token Metrics Help You Track Emerging Narratives Like ICM

As crypto narratives evolve rapidly, tools like Token Metrics help investors stay ahead of the curve. Our platform uses AI-driven data, technical signals, and project ratings to detect early momentum in tokens like Launchcoin. With features like Bullish/Bearish Signals, Trader and Investor Grades, and curated narrative-based indices, Token Metrics enable users to evaluate trends like Internet Capital Markets with speed and precision. Whether you’re trading the hype or tracking long-term shifts, Token Metrics give you the insights needed to navigate the noise.

Crypto Basics

Ripple XRP Price Prediction: What’s Next for XRP After Its Bullish Breakout?

Token Metrics Team

3 min

MIN

Ripple (XRP) has been back in the spotlight after recent market moves—and investors are wondering: Will XRP keep going up? With a 15% surge since April 24 and growing optimism around XRP Futures ETFs, the sentiment is clearly shifting. Here's a breakdown of the latest XRP price prediction using data-driven insights from Token Metrics’ AI indicators and technical charts.

🚀 XRP Turned Bullish Before the ETF News

On April 24, Token Metrics’ proprietary AI trading indicator flashed a bullish signal on XRP—just before the approval of the ProShares XRP Futures ETF. This early signal positioned traders ahead of the 15% rally that followed.

Such predictive accuracy boosts trader confidence, especially during key market events. It reinforces the value of AI-driven trading signals in volatile crypto environments.

📊 TM Trader Grade: 88.84% – Bulls Are in Control

As of now, Token Metrics’ Trader Grade for XRP stands at a high 88.84%, signaling a strong buy. This grade reflects short-term momentum and trader sentiment, confirming that bulls currently dominate XRP’s price action.

Meanwhile, the Investor Grade—which tracks long-term fundamentals and trends—remains neutral. This suggests that while XRP is hot in the short term, long-term investors should remain cautiously optimistic.

📉 XRP Technical Analysis: Range-Bound but Primed for Breakout?

From a technical standpoint, XRP has traded sideways since December, forming a wide consolidation pattern. Key levels to watch:

Support: ~$2
Resistance: ~$2.86

This range has held for months, but with renewed interest and bullish sentiment, a breakout above $2.86 could trigger a much larger move. Traders should watch volume and ETF-related news for confirmation.

🧠 What’s Driving XRP’s Momentum?

XRP Futures ETF Approval: A major catalyst that validates institutional interest in Ripple.
AI-Powered Bullish Signal: Token Metrics’ indicators detected momentum before the market reacted.
Strong Buy Rating: A near-89% trader score indicates high conviction.

🔮 Ripple XRP Price Prediction – 2025 Outlook

With institutional products like ETFs emerging and short-term momentum picking up, XRP may soon test and potentially break above its current resistance. If bullish momentum continues:

Short-term price prediction: Retest of $2.86 and potential breakout toward $3+
Long-term outlook: Sideways consolidation remains until fundamentals or macro trends shift

✅ Conclusion: XRP Is Heating Up—But Caution Is Warranted

While XRP is showing bullish short-term potential, the long-term picture is still neutral. Traders should watch for confirmation above resistance and keep an eye on volume and ETF developments.

For more AI-powered crypto price predictions, trading signals, and investment insights, explore Token Metrics.

Announcements

Best Crypto Wallet: A Comprehensive Guide for 2025

Token Metrics Team

3 min

MIN

In the fast-paced world of cryptocurrency, choosing the best crypto wallet is critical for safeguarding your digital assets. Whether you're a beginner or a seasoned investor, the right wallet balances security, usability, and compatibility with your investment goals.

At Token Metrics, we help investors make smarter decisions using AI-powered insights—and that starts with understanding the foundation of crypto storage.

What Is a Crypto Wallet?

A crypto wallet is a digital tool that allows you to store, send, and receive cryptocurrencies like Bitcoin, Ethereum, and thousands of altcoins. These wallets don’t store your coins directly, but rather your private keys, which give you access to your funds on the blockchain.

There are two primary categories:

Hot Wallets: Connected to the internet (e.g., mobile apps, browser extensions)
Cold Wallets: Offline and more secure (e.g., hardware wallets)

Top Features to Look for in the Best Crypto Wallet

Choosing the best crypto wallet depends on your needs, but here are key features every good wallet should have:

Security: Look for multi-signature support, biometric authentication, and backup recovery phrases.
Compatibility: It should support your preferred cryptocurrencies and DeFi apps.
User Interface: A clean, intuitive interface makes navigation easy, especially for beginners.
Control: Non-custodial wallets give you full control of your keys and assets.
Support for NFTs and dApps: As Web3 expands, these are essential for power users.

Top 3 Crypto Wallets in 2025

1. MetaMask

A widely used browser extension and mobile wallet ideal for Ethereum and EVM-compatible chains. MetaMask is beginner-friendly and integrates seamlessly with dApps.

2. Ledger Nano X

A top-rated cold wallet offering unmatched security. It supports over 5,000 coins and connects via Bluetooth to mobile apps, balancing convenience with protection.

3. Trust Wallet

A mobile-first hot wallet with support for multiple blockchains, NFTs, and staking. It’s open-source and backed by Binance, making it a reliable choice for everyday use.
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How to Use Token Metrics with Your Crypto Wallet

Once you’ve selected the best crypto wallet, connect it to Token Metrics to unlock deeper insights:

Track portfolio performance in real time
Receive AI-powered buy/sell signals
View historical ROI and risk metrics
Access research reports on wallet-compatible tokens

Whether you're exploring DeFi, trading altcoins, or holding long term, integrating Token Metrics with your wallet takes your crypto strategy to the next level.

Final Thoughts

The best crypto wallet is the one that aligns with your investment strategy, risk tolerance, and technical comfort level. As the crypto ecosystem grows, having a reliable wallet is no longer optional—it’s essential.

Make the right choice, protect your assets, and invest with confidence using AI-driven insights from Token Metrics.

Token Metrics Media LLC is a regular publication of information, analysis, and commentary focused especially on blockchain technology and business, cryptocurrency, blockchain-based tokens, market trends, and trading strategies.

Token Metrics Media LLC does not provide individually tailored investment advice and does not take a subscriber’s or anyone’s personal circumstances into consideration when discussing investments; nor is Token Metrics Advisers LLC registered as an investment adviser or broker-dealer in any jurisdiction.

Information contained herein is not an offer or solicitation to buy, hold, or sell any security. The Token Metrics team has advised and invested in many blockchain companies. A complete list of their advisory roles and current holdings can be viewed here: https://tokenmetrics.com/disclosures.html/

Token Metrics Media LLC relies on information from various sources believed to be reliable, including clients and third parties, but cannot guarantee the accuracy and completeness of that information. Additionally, Token Metrics Media LLC does not provide tax advice, and investors are encouraged to consult with their personal tax advisors.

All investing involves risk, including the possible loss of money you invest, and past performance does not guarantee future performance. Ratings and price predictions are provided for informational and illustrative purposes, and may not reflect actual future performance.

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