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Polygon price
in USD$0.24000
+$0.00020000 (+0.08%)
USD
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Market cap
$2.17B
Circulating supply
9.02B / 10.47B
All-time high
$0.76850
24h volume
$86.85M
About Polygon
Polygon is a scaling solution designed to improve the performance of Ethereum by offering faster transactions and lower fees. It works alongside Ethereum to enhance usability without sacrificing security. For investors, MATIC offers exposure to a growing network that supports many popular decentralized apps and services.
Polygon has gained adoption across DeFi, NFTs, and gaming, and is compatible with Ethereum wallets and tools. Its focus on user experience and scalability makes it an appealing option for those looking to participate in the Ethereum ecosystem with better efficiency.
Last audit: 19 Apr 2021, (UTC+8)
Polygon’s price performance
Past year
--
$0.00
3 months
+0.58%
$0.24
30 days
+35.74%
$0.18
7 days
-7.16%
$0.26
Polygon in the news
Polygon (POL) joined Bitcoin Cash (BCH) as an underperformer, declining 2.8% from Monday.
Polygon (POL) joined Stellar (XLM) as a top performer, rising 6.7% from Tuesday.
The token was trading at $0.1891 at press time, up 2.8% over the last 24 hours.
Polygon on socials
Top 10 Most Mentioned Altcoins on X (07/21 - 07/27)
1. Solana ($SOL) 🌞
- Cash Flow: Inflow increased by 25% thanks to AI and DeFi integration, reaching 8K interactions.
- Reason: Strong growth in network activity and total value locked (TVL) in DeFi has attracted significant attention from the community.
2. Dogecoin ($DOGE) 🐶
- Cash Flow: Report of 500M $DOGE withdrawn from the exchange (outflow), generating 6K interactions.
- Reason: Whale movements and support from the meme coin community have heightened discussion levels.
3. Toncoin ($TON) 📱
- Cash Flow: 50K new wallets recorded significant inflow, reaching 5K interactions.
- Reason: Integration with Telegram and an increase in new users have boosted its appeal.
4. Polygon ($POL) 🔗
- Cash Flow: Inflow into Polygon 2.0 surged, receiving 4K interactions.
- Reason: Network upgrades and the development of DeFi applications have attracted cash flow and attention.
5. Arbitrum ($ARB) ⚡
- Cash Flow: Outflow from the exchange increased, achieving 3.5K likes.
- Reason: Superior performance of Layer 2 and increased adoption of dApps have driven discussions.
6. Cardano ($ADA) 🧠
- Cash Flow: Stable inflow due to smart contracts, receiving 3K interactions.
- Reason: Smart contract activity and an active community have maintained cash flow.
7. XRP 💧
- Cash Flow: Inflow increased after legal victory news, reaching 2.8K interactions.
- Reason: Positive legal news has triggered cash flow and lively discussions.
8. Avalanche ($AVAX) 🏔️
- Cash Flow: Inflow into developing subnets, attracting 2.5K likes.
- Reason: The expansion of subnets and DeFi applications have created momentum for cash flow.
9. Pepe ($PEPE) 🐸
- Cash Flow: Large whale accumulation (inflow), reaching 2K interactions.
- Reason: The meme coin trend and accumulation from whales have increased discussion levels.
10. Bonk ($BONK) 🚀
- Cash Flow: Inflow trading volume increased by 25%, receiving 1.8K likes.
- Reason: Strong community activity and increased trading volume have boosted interactions.
#Onchain #Altcoin #Crypto #Web3 #BinanceSquareTalks
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.
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Polygon FAQ
Currently, one Polygon is worth $0.24000. 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.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.
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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
$2.17B
Circulating supply
9.02B / 10.47B
All-time high
$0.76850
24h volume
$86.85M