Polygon (prev. MATIC)
POL#62| 1h | 24h | 7d | 30d | 1y |
|---|---|---|---|---|
| -1.07% | -6.50% | -14.45% | +4.74% | -57.21% |
About Polygon (prev. MATIC)
POL in other currencies
Price at the last page update. Open a currency for the live rate, chart and history in that currency.
Where to buy Polygon (prev. MATIC) — POL markets
| Exchange | Pair | Price | Volume (24h) | Trust |
|---|---|---|---|---|
| Binance | POL/USDT | $0.108741 | $4.7M | green |
| WhiteBIT | POL/USDT | $0.108671 | $2.27M | green |
| CoinW | POL/USDT | $0.108721 | $2.12M | green |
| Deepcoin | POL/USDT | $0.108731 | $1.62M | green |
| BVOX | POL/USDT | $0.108701 | $1.58M | green |
| Toobit | POL/USDT | $0.108731 | $1.47M | green |
| LBank | POL/USDT | $0.108741 | $1.12M | green |
| Bybit | POL/USDT | $0.108711 | $1.06M | green |
| P2B | POL/USDT | $0.108681 | $1.01M | green |
| Coinbase Exchange | POL/USD | $0.108809 | $961.73K | green |
| OKX | POL/USDT | $0.108761 | $955.91K | green |
| XT.COM | POL/USDT | $0.108741 | $941.17K | green |
| Phemex | POL/USDT | $0.108581 | $728.96K | green |
| DigiFinex | POL/USDT | $0.108681 | $707.32K | green |
| Hibt | POL/USDT | $0.108741 | $704.08K | green |
| Biconomy.com | POL/USDT | $0.108681 | $683.49K | green |
| Hotcoin | POL/USDT | $0.108731 | $547.32K | green |
| BYDFi | POL/USDT | $0.108661 | $458.48K | green |
| Kraken | POL/USD | $0.108669 | $387.63K | green |
| KuCoin | POL/USDT | $0.108681 | $320.5K | green |
Polygon (prev. MATIC) Price History
Polygon (prev. MATIC) (POL) reached its all-time high of $1.29 on March 13, 2024, and trades 92.1% below that peak today. Its all-time low was $0.067711 on July 1, 2026, and the price has since risen 50% from that low.
| Year | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| 2026(YTD) | $0.100446 | $0.177356 | $0.068404 | $0.101635 | +1.18% |
| 2025 | $0.451235 | $0.5248 | $0.102685 | $0.102685 | -77.24% |
| 2024 | $1.019 | $1.27 | $0.29188 | $0.461043 | -54.76% |
| 2023 | $0.7846 | $1.038 | $0.7302 | $0.9748 | +24.24% |
Polygon (prev. MATIC) News
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Polygon (prev. MATIC) FAQ
What is Polygon (POL)?
Polygon (POL), formerly known as MATIC, is a cryptocurrency operating on the Ethereum network. It is designed to address Ethereum's scalability issues by providing a framework for building and connecting blockchain networks. The POL token was introduced in 2023 as part of the project's evolution. Polygon aims to enable faster and cheaper transactions while maintaining security and decentralization.
How does Polygon work?
Polygon uses a network of sidechains that run in parallel to the Ethereum mainnet. These sidechains process transactions independently and then settle them on Ethereum, reducing congestion. The system employs a proof-of-stake consensus mechanism, where validators stake POL tokens to secure the network. This architecture allows for high throughput and low fees, making it suitable for decentralized applications and DeFi protocols.
What is the POL token used for?
The POL token serves multiple purposes within the Polygon ecosystem. It is used for staking to participate in network consensus and earn rewards. Additionally, POL is required to pay transaction fees on Polygon's sidechains. It also functions as a governance token, allowing holders to vote on protocol upgrades and parameter changes. The token is integral to the network's operation and growth.
How does Polygon differ from other Ethereum scaling solutions?
Unlike some scaling solutions that rely solely on rollups, Polygon offers a multi-chain framework that supports various scaling approaches, including sidechains and rollups. This flexibility allows developers to choose the best option for their needs. Polygon also emphasizes interoperability, enabling assets and data to move seamlessly between Ethereum and its sidechains. Its focus on developer-friendly tools and a vibrant ecosystem distinguishes it from more specialized solutions.
What is Polygon (prev. MATIC) (POL)?
Polygon (prev. MATIC) (POL) is a cryptocurrency launched in 2023and operates on the Ethereum platform. Polygon (prev.
What is the current price of Polygon (prev. MATIC)?
Polygon (prev. MATIC) is currently priced at $0.1016, down 6.50% in the last 24 hours. It is ranked #62 by market capitalization. Over the past 7 days, POL is down 14.45%.
What is Polygon (prev. MATIC)'s market cap?
Polygon (prev. MATIC) has a market capitalization of $1.08B. The 24-hour trading volume is $134.59M, reflecting the total value of POL traded across all exchanges in the last day.
