MATIC · Smart Contract Platforms

Polygon

$0.216415

+0.003687(+1.73%)

As of Mar 24, 2025

Price History▼ 78.60% over 1Y

Technical Chart

About

What is Polygon?

Polygon is a suite of scaling solutions for Ethereum, anchored by a Proof of Stake sidechain that offers cheap, fast transactions. MATIC (now transitioning to POL) is used for staking, transaction fees, and securing the network's validators.

History

Origin & evolution

Originally launched as Matic Network in 2017 by Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun, the project rebranded to Polygon in 2021 to reflect a broader vision spanning multiple scaling technologies, including zero-knowledge rollups via Polygon zkEVM.

Coin details

Type: Layer 2 / Scaling
Consensus: Proof of Stake
Launched: May 2020
Platform: Ethereum
24h Volume: $1.27M
All-Time High: $2.9232 (-92.5% from ATH)
Whitepaper: View →

On-chain ActivityActive addresses, transaction count, and gas burnedComing soon

Holder DistributionConcentration of supply by wallet sizeComing soon

Compare CoinsSide-by-side comparison view across two coinsComing soon

All cryptocurrencies