Polygon
POL
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Polygon price
in USD$0.1786
-- (--)
USD
Last updated on --.
Market cap
$1.87B #38
Circulating supply
10.53B / 10.53B
All-time high
$0.7685
24h volume
$100.42M
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: 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
-54.12%
$0.39
3 months
-26.33%
$0.24
30 days
-24.36%
$0.24
7 days
-6.25%
$0.19
Polygon in the news
The deal will roll out faster, low-cost payments for global firms such as Uber in more than 30 countries in Africa.
The bank claims to be the first to offer regulated staking for Polygon’s native token (POL), with rewards of up to 15%.
Polygon on socials
The altcoin market has suddenly started, and here are the important market catalysts for the next 1-2 weeks.
$LDO Lido Finance has launched a product called stRATEGY based on the Mellow Protocol's core vault,
allowing users to deposit assets to earn yields and accumulate Mellow points.
$LINK Lighter has partnered with Chainlink, designating Chainlink as its official oracle partner for real-world asset derivatives.
$AAVE 3Jane has integrated Aave. The protocol will deposit idle funds into Aave to generate RFR, with the implied APR determined by the borrowing rate of the Aave V3 USDC market plus the default risk premium.
$ETH+L2 tokens The Ethereum Fusaka hard fork mainnet will launch from November 5-12, upgrading to increase L2 data capacity and reduce transaction costs, optimizing overall network efficiency.
$PLUME Plume has registered a transfer agent with the U.S. Securities and Exchange Commission (SEC), enabling it to move the trillion-dollar U.S. securities market on-chain.
$BNB The BNB Chain Maxwell upgrade will activate in mid-November, accelerating block times and enhancing scalability to support more DeFi and GameFi projects.
$ONDO The expansion of Chainlink's partnership with Ondo Finance for RWA will be officially announced on November 10.
$AVAX The Avalanche Warp Messaging integration upgrade will go live on November 18.
$POL The Polygon zkEVM mainnet optimization will be deployed on November 12, further reducing Gas fees and enhancing zk-rollup performance to support more DApp migrations.
飞凡
Summary of secondary market catalysts: which projects are still pushing the market forward under pessimistic expectations.
$PLUME: The RWAfi public chain Plume has launched 14 tokenized funds issued by WisdomTree on its platform.
$ETH Ethereum has completed the Fusaka upgrade on the Hoodi testnet and has locked the mainnet upgrade date for December 3rd.
$FXUSD / $ETH / $BTC: Fx Protocol has launched fxMINT, allowing users to mint its stablecoin fxUSD directly using ETH and BTC as collateral under normal market conditions without paying ongoing interest.
$FXS: Frax has launched FraxNet, positioned as a central platform around frxUSD for minting, redeeming, and earning frxUSD-related yields.
$PUMP: Pump.fun has launched a new program called Spotlight, expanding from a purely MEME platform to support utility tokens and entering the narrative of Internet Capital Markets.
$ORE: Ore has launched a new mining protocol, redesigned to generate revenue for the protocol and support a more sustainable token economic model.
$ASTER: ASTER plans to use about 70%-80% of the S3 fee revenue to buy back $ASTER, with the specific allocation ratio depending on market conditions.
Guides
Find out how to buy Polygon
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
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 vs Ethereum: Complete Guide to Networks, Bridging, and Fees
Polygon and Ethereum are two leading blockchain networks reshaping how users access decentralized finance, NFTs, and crypto payments. As Ethereum’s popularity soared, so did transaction congestion and
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
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Polygon FAQ
Currently, one Polygon is worth $0.1786. 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
$1.87B #38
Circulating supply
10.53B / 10.53B
All-time high
$0.7685
24h volume
$100.42M