Polygon
POL
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Polygon price
in USD$0.2013
-- (--)
USD
Market cap
$2.12B #33
Circulating supply
10.52B / 10.52B
All-time high
$0.7685
24h volume
$109.59M
About Polygon
POL, short for Polygon, is the native cryptocurrency of the Polygon ecosystem, designed to power its cutting-edge blockchain solutions. Polygon focuses on enhancing Ethereum by offering faster, cost-effective, and scalable transactions. POL plays a vital role in securing the network through staking and is used as 'gas' to process transactions across its ecosystem. It also serves as a key utility token for decentralized applications (dApps) and real-world asset tokenization, making it integral for payments, DeFi, and Web3 innovations. With a strong focus on transparency and efficiency, POL is positioned as a foundational asset for a trustless, digital economy, appealing to both individual users and institutional investors.
AI insights
Last audit: 19 Apr 2021, (UTC+8)
Polygon’s price performance
Past year
-46.11%
$0.37
3 months
-13.39%
$0.23
30 days
-24.98%
$0.27
7 days
-15.88%
$0.24
Polygon in the news
The bank claims to be the first to offer regulated staking for Polygon’s native token (POL), with rewards of up to 15%.
New product offers stablecoin users regulated yields while linking DeFi strategies with traditional finance.
Outdated financial systems only appear fast but are inefficient, while blockchain and smart contracts create truly automated, real-time processes that enable new business models, says Polygon Labs’ Aishwary Gupta.
Securitize, a tokenization platform, has reached $60 million in tokenized assets on Polygon, the blockchain...
Polygon on socials
Detailed update on the latest developments regarding #ترامب and the trade war with China:
1️⃣ It seems that the sharp drop on Friday was based on a *major misunderstanding*.
The timeline of events and how conflicting information led to a violent sell-off in global markets.
2️⃣ On October 9, China announced new controls on rare earth metal exports. The news went largely unnoticed.
After 26 hours, on October 10, Trump tweeted about it threatening tariffs, leading to a market crash.
The event was not impactful news until Trump reacted to it late.
3️⃣ Last night, China issued a clarifying statement: the new controls are not a complete ban on exports, and requests that "meet the regulations" will be approved.
Our analysis from the beginning suggested that the threat of tariffs is a bargaining chip. After this clarification, we believe the likelihood of their implementation has become extremely low.
🔴 Summary:
The largest liquidation wave in the history of cryptocurrencies and a loss of $2.5 trillion in market value of the S&P 500 index seems to have been the result of a misunderstanding.
A "new trade agreement" is now expected to be announced soon.
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 Revamp: How Inflation and Tokenomics Changes Could Shape Its Future
Understanding the Polygon Revamp: Transitioning from MATIC to POL Polygon, a leading Layer-2 blockchain platform, is undergoing a transformative upgrade as part of its ambitious Polygon 2.0 roadmap. C
How Polygon is Revolutionizing the Tokenized RWA Market in 2024
Introduction to Tokenized RWAs and Polygon’s Role The tokenization of Real-World Assets (RWAs) is revolutionizing the financial ecosystem by enabling the digitization of tangible assets such as real e
Polygon Upgrade: Everything You Need to Know About the MATIC to POL Migration and New Tokenomics
Introduction to the Polygon Upgrade Polygon, a prominent Ethereum scaling solution, has recently undergone a transformative upgrade, transitioning its native token from MATIC to POL. This pivotal chan
Polygon (prev. MATIC): POL Price Insights, Upgrades, and Future Potential
Introduction to Polygon (prev. MATIC) and POL Price Polygon, previously known as MATIC, underwent a transformative rebranding in late 2023, introducing POL as its new native token. This strategic shif
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Polygon FAQ
Currently, one Polygon is worth $0.2013. 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.
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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.
Market cap
$2.12B #33
Circulating supply
10.52B / 10.52B
All-time high
$0.7685
24h volume
$109.59M