Polygon price
in USD$0.2701
-$0.0004 (-0.15%)
USD
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Market cap
$2.83B #36
Circulating supply
10.5B / 10.5B
All-time high
$0.7685
24h volume
$125.20M


About Polygon
POL (Polygon) is a cryptocurrency that powers the Polygon network, a leading blockchain platform designed for scalability and interoperability. Its core technology enables fast, low-cost transactions, making it ideal for decentralized applications (dApps), payments, and real-world asset (RWA) tokenization. POL is used for staking, governance, and paying transaction fees within the ecosystem. Polygon has gained significant adoption in sectors like decentralized finance (DeFi), prediction markets, and global payments, with major institutions and stablecoin issuers leveraging its infrastructure. Staking POL also qualifies users for potential airdrops from upcoming projects. With a focus on efficiency and mass adoption, Polygon continues to expand its role in bridging traditional finance with blockchain technology.
AI-generated

Last audit: Apr 19, 2021, (UTC+8)
Disclaimer
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OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Polygon’s price performance
Past year
-27.49%
$0.37
3 months
+35.66%
$0.20
30 days
+7.86%
$0.25
7 days
-2.92%
$0.28
Polygon in the news
Also: Ledger CTO Warns of NPM Exploit, Backpack EU opens, and Polygon PoS Chain Reports Finality Lag
A bug affecting Bor/Erigon nodes forced validators to resync, slowing confirmation times even as block production continued at a normal pace.
Uniswap (UNI) dropped 2.8% and NEAR Protocol (NEAR) fell 2.8%, leading the index lower from Wednesday.
Technical models flag bullish momentum, with support emerging around $0.277–$0.278.
The Frontier Stable Token has been deployed on Arbitrum (ARB), Avalanche (AVAX), Base, Ethereum (ETH), Optimism (OP), Polygon (POL), and Solana (SOL) networks.
The token’s rejection at $0.26 came amid a broad crypto pullback, with the CoinDesk 20 Index sliding 4% and rate-cut hopes fading.
Polygon on socials

Let's talk about the real situation, the top 100 coins in the world by market capitalization in the past week.
As long as you don't buy the 6 altcoins of FORM, POL, CRO, XDO, SKY, BCH, or other stablecoins. It's all earned! Really, it's all earned!
It's nothing more than making more or less money.
So don't question whether the copycat season is coming, it's been up for a few weeks.

Analysis of Polygon's Growth and Usability
When I think of Polygon, I remember that crazy bull market in 2021.
At that time, everyone was complaining about the high gas fees on Ethereum, with transactions costing dozens of dollars, which ordinary people simply couldn't afford. I remember wanting to swap a token on Uniswap, and just the authorization cost $20, while the actual transaction would cost another $30; it felt like highway robbery.
It was during that time that Polygon burst onto the scene.
1. Polygon's Initial Experience and Development Trajectory
Back then, it was still called Matic Network, and I was amazed the first time I used it—doing the same operations on Polygon only cost a few cents in fees, and the speed was incredibly fast. It felt like suddenly switching from a congested highway in the city to an open country road.
Looking back now, Polygon's development trajectory is really interesting.
Everyone is debating whether various new chains are truly L2s, which technical route is more advanced, whether ZK-rollup or Optimistic rollup has more potential. But Polygon is like that honest person who quietly works hard, focusing on doing payments well.
Did you know? Now there are over 219 million active users on Polygon PoS, processing 2.5 billion transactions. This number might not seem significant, but think about it—this means over 200 million people around the world are using this network.
2. Polygon's Technical Upgrades and Practical Applications
Recently, Polygon completed the token upgrade from MATIC to POL, with 99% of the migration already done. This is not just a simple name change; POL now carries more functions—it serves as both a gas token and a staking token, and can also be used for cross-chain interactions.
What's even more interesting is that the Heimdall v2 upgrade has reduced transaction confirmation time from 1-2 minutes to 5 seconds. Imagine this: you buy coffee at Starbucks and pay with Polygon, and it gets confirmed in 5 seconds; this is already close to the experience of traditional payments.
I think this is Polygon's cleverness—it doesn't pursue the most flashy technical concepts but focuses on solving the most practical problems: making blockchain transactions affordable for ordinary people.
Now traditional giants like Starbucks, Mastercard, and JPMorgan are using Polygon, and even the Indian police are using it to file reports. What does this indicate? It shows that truly useful technology will ultimately be widely adopted.
3. Polygon's Future Vision and Value Consideration
Of course, Polygon is also continuously evolving. The launch of AggLayer means it is no longer just a simple sidechain but aims to become an aggregation layer connecting multiple blockchains. This vision is grand, but based on Polygon's existing user base and technological accumulation, I think it is quite promising.
Sometimes I think that in this Web3 world full of hype and concepts, projects like Polygon that work steadily are even more precious. It may not be the sexiest, but it is the most practical.
After all, the technology that truly changes the world is often not the most complex, but the most user-friendly.
@0xPolygon
Guides
Find out how to buy Polygon
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Predict Polygon’s prices
How much will Polygon be worth over the next few years? Check out the community's thoughts and make your predictions.
View Polygon’s price history
Track your Polygon’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.

Polygon on OKX Learn
Polygon Crypto: How Its zkEVM and 2.0 Ecosystem Are Shaping Blockchain's Future
What Is Polygon (POL) and Why Is It Important in Crypto? Polygon (POL) is a leading Ethereum scaling solution designed to overcome the limitations of Ethereum's mainnet, such as high gas fees and slow
Polygon Price and TVL: Key Insights into Growth, Fluctuations, and Future Potential
Understanding Polygon's TVL Growth and Fluctuations Polygon's Total Value Locked (TVL) serves as a vital metric for evaluating the health and adoption of its decentralized finance (DeFi) ecosystem. In
Polygon DeFi Revolution: How QuickSwap is Transforming the Ecosystem
Introduction to Polygon's DeFi Ecosystem Polygon has solidified its position as a leading Layer 2 scaling solution, addressing Ethereum's persistent challenges of congestion and high gas fees. By offe
Polygon's Strategic Overhaul: Leadership Changes, Katana Blockchain, and DeFi Innovations
Introduction: Polygon's Evolution in the Web3 Space Polygon, a leading Layer 2 scaling solution for Ethereum, is undergoing transformative changes that could redefine its position in the blockchain ec
Polygon FAQ
Currently, one Polygon is worth $0.2701. For answers and insight into Polygon's price action, you're in the right place. Explore the latest Polygon charts and trade responsibly with OKX.
Cryptocurrencies, such as Polygon, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Polygon have been created as well.
Check out our Polygon price prediction page to forecast future prices and determine your price targets.
Dive deeper into Polygon
Polygon (formerly Matic Network) is a Layer-2 Ethereum scaling solution that aims to address the scalability issues faced by blockchain networks, particularly Ethereum. It provides a framework for creating interoperable and scalable blockchain applications with lower gas fees and faster speeds. The native token of Polygon is called POL.
Polygon uses Plasma technology to process transactions off-chain before finalizing them on the Ethereum network, achieving high transaction throughput. With the Plasma framework, Polygon can theoretically process 60K+ transactions per second on a single sidechain at near-zero fees while maintaining the security and integrity of the main Polygon chain. The network relies on a set of PoS validators to ensure the accuracy and security of off-chain transactions.
One of the key features of Polygon is its compatibility with Ethereum, allowing developers to deploy Ethereum-compatible blockchains with ease. It also supports a variety of decentralized finance (DeFi) protocols and enables applications such as blockchain-based games and NFT marketplaces.
The POL token is used for participating in network governance, paying transaction fees, distributing staking rewards, and staking collateral to become a validator.
Market cap
$2.83B #36
Circulating supply
10.5B / 10.5B
All-time high
$0.7685
24h volume
$125.20M

