Polygon
POL
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Polygon price
in USD$0.2456
-$0.0032 (-1.29%)
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Market cap
$2.25B #36
Circulating supply
9.18B / 10.49B
All-time high
$0.7685
24h volume
$88.56M
About Polygon
POL is a cryptocurrency designed to power a decentralized ecosystem, enabling secure and transparent transactions without relying on traditional intermediaries like banks. Built on blockchain technology, POL ensures that every transaction is recorded on a public, tamper-proof ledger, making it both trustworthy and efficient. Within its ecosystem, POL is often used for activities like staking, governance, or accessing specific services, depending on the platform it supports. For new users, POL represents an opportunity to participate in a growing digital economy where control and ownership are placed directly in your hands. Whether you're exploring crypto for the first time or looking to understand its real-world applications, POL offers a gateway to the future of decentralized finance and innovation.
AI-generated
Last audit: Apr 19, 2021, (UTC+8)
Polygon’s price performance
Past year
--
$0.00
3 months
+4.59%
$0.23
30 days
+8.19%
$0.23
7 days
-3.65%
$0.25
Polygon in the news
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 (POL) joined Sui (SUI) as a top performer, rising 6.2% from Wednesday.
Bitcoin Cash (BCH) was also among the top performers, rising 2.2%.
POL surged in early U.S. trading amid above-average volume, but selling pressure capped gains.
Polygon on socials
Crypto Watchlist for the week ahead:
$HYPE $ETHFI - EtherFi will soon launch perps powered by Hyperliquid
$S - Voting for Sonic's proposal to create a Sonic USA entity and launch an $S ETF ends on Aug. 31
$SILO - Silo Finance's proposal to distribute 50% of its revenue as USDC to xSILO holders looks like it will pass today
AI coins - NVIDIA earnings call is scheduled for Aug. 27
$ANON - Daniele Sesta announced that HeyAnon 1.0, the biggest protocol upgrade so far, will be released next week
$HUMA - 21% of Huma Finance's HUMA circulating supply will be unlocked on Aug. 26
$LINEA - Linea airdrop checker is rumored to be launched next week
Macro events - China is considering approving yuan-backed stablecoins this month according to Reuters
$BARD - Lombard's BARD community sale starts next week
$POL - Polygon CEO will do an AMA revealing the project's roadmap next week
$RUNE - The next major THORChain upgrade happens next week
If you enjoyed reading this, a like and a repost would be appreciated🫡
Some recent updates from Polygon @0xPolygon 🐿️
- The native token $POL (formerly $MATIC) unlocks 1,104,500 tokens on the 25th of each month, currently valued at $274,800, with each unlock representing 0.01% of the total token supply.
- The NFT Billions Genesis, led by @0xPolygon founder, had a free mint on June 17, and today the floor price is 398 $POL.
- The project led by @0G_labs has consistently ranked first on the kaito popularity chart.
Theoretically, Polygon can process over 60,000 transactions per second on a single sidechain, it's very smooth, and the gas fees are low, making it a truly useful Layer 2 🐸.
Yesterday $ETH a wave of strong rebound broke through a record high, I feel that everyone's confidence in ETH is so strong at present, as long as there is a signal, it will be directly pulled away, and the EVM system is basically a wave of big rebound.
Topics such as DeFi, RWA, and L2 are starting to heat up again, and leading EVMs like @Arbitrum and @0xPolygon are taking action.
🔵Arbitrum recently held an offline event #ARBILINK in Tokyo, located in Shibuya, in addition to inviting guests to talk about topics such as RWA and extended reality, there are also technical lessons from developers.
And this is just one stop on their global tour, and there will be more moves in Asia later.
🟣 Polygon has also released a new blockchain stack for AggLayer CDK Enterprise.
It sounds a bit complicated, but in fact, it is essentially to help some large enterprises make customized versions on the chain - it can not only retain the "old traditions" of permission, compliance, and privacy, but also access the liquidity and ecology of the mainnet, which can be regarded as helping them open up the middle layer of "playing by themselves" and "market docking".
ETH has risen beautifully, and I feel that the bulls should continue, and now ambushing some leading EVM projects that are still under construction, I feel that there is still some opportunity.
#ARB #POL
Guides
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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
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Polygon FAQ
Currently, one Polygon is worth $0.2456. 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
$2.25B #36
Circulating supply
9.18B / 10.49B
All-time high
$0.7685
24h volume
$88.56M