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Cryptocurrencies/Coins/Polygon (MATIC)
Polygon price, market cap on Coin360 heatmap


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0.00000795 BTC
Market Cap (Rank#24)
78,702 BTC
Vol 24h
1,676 BTC
Circulating Supply
Max Supply
1 day agocoindesk
Polygon Sets September Date for Migration to POL Token from MATIC
The migration comes as a part of Polygon’s planned revamp laid out last year in its “Polygon 2.0” roadmap. The change was initially proposed in July 2023 to its community, and would make POL the main token for all Polygon networks.
1 day agonulltx
Bitcoin Moves, XRP Advocacy, & BDAG’s Alliance with UFC Star
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5 days agonulltx
Aave V3 Experiences Record Liquidations Amid Market Turbulence
This month, Aave V3 saw a dramatic spike in liquidations, with $10 million liquidated in a single day, the highest amount since April. This surge in liquidations has contributed to a downward spiral in asset prices, as the selling pressure from these liquidations exacerbates market declines. $10M was liquidated in […]
7 days agonulltx
BDAG’s Passive Income Avenues | PEPE Projections | MATIC Insights  
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7 days agonulltx
The Best Layer 2 Tokens To Buy For Profit In 2024 (Polygon, Starknet): New 100x Memecoin Emerges
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13 days agonulltx
OKB Token Plummets and Recovers Rapidly On OKX Exchange
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20 days agonulltx
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Matic’s bearish structure remains intact but is now trading calmly in a demand zone after losing more than half of its value in three months. This could be a turning point for the asset if the bulls act upon the zone. After undergoing a series of reductions in the past […]
21 day agonulltx
Top 3 Altcoins To Rise 300% This Week Ahead Of Crypto Summer
ETFSwap (ETFS), Chainlink (LINK), and Polygon (MATIC) are three top DeFi utility altcoins forecasted by famous crypto analysts to lead 300% gains this week as smart investors position ahead of a crypto summer to profit from life-changing price rallies. ETFSwap (ETFS) To Lead Altcoins Set To Rally 300% Ahead Of […]
22 days agonulltx
BlockDAG Leads in Polygon Ecosystem & AAVE Crypto Surge
Must-Buy Emerging Crypto: BlockDAG Impresses with 30,000x ROI, Outperforming Polygon & Aave In Q2 As the crypto market bounces back, Polygon and Aave show signs of big gains, with bright prospects for MATIC and AAVE crypto prices. In this positive environment, BlockDAG has taken center stage. As a layer 1 […]
26 days agonulltx
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BlockDAG’s Stellar Rise With $52.7M Presale Leaves Bitcoin Cash And Cronos In The Dust In a dramatic presale event, BlockDAG‘s value soared to $0.0122 per coin in its 18th batch, marking a staggering 1120% surge. This significant leap was propelled by support from a leading influencer and the debut of […]
30 days agonulltx
BlockDAG’s Tech & Marketing Attract Polygon (MATIC) Whales Smashes Over $51.4M in Presale, Outpacing & Litecoin Price Prediction
The cryptocurrency market has been abuzz with recent activity- Polygon saw a 6% surge amidst heightened whale activity, while Litecoin’s price prediction remains uncertain due to fluctuating momentum. On the other hand, BlockDAG is signalling robust investor confidence by raising over $51.4 million in its presale. With a 1120% surge […]
35 days agocoindesk
DeFi Heavyweight Curve Focused on Becoming ‘Safest’ Lending Platform, Founder Says
Curve founder Michael Egorov’s $100 million in loans taken from various protocols using Curve’s CRV tokens started to automatically liquidate on Thursday, sending the token down as much as 30% before it briefly recovered.
65 days agocoindesk
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Aimed at institutional investors, the systematic-based fund will seek to profit off uptrends in crypto markets while sidestepping the downtrends.
66 days agocoindesk
Paradigm Unveils 'Block Trading' Facility for MATIC, SOL, XRP Options
Crypto OTC liquidity network Paradigm on Monday announced a block trading facility for linear options tied to MATIC, SOL and XRP. Trades facilitated by Paradigm will be submitted to Deribit for execution and clearing.
86 days agocoindesk
Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App
Bitcoin Conversions will charge a flat 1% fee to automatically convert a portion of merchant revenues into BTC.
89 days agocoindesk
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98 days agocoindesk
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The famously pre-planned, programmatic event, currently predicted for April 19, is surprisingly hard to predict at minute scales.
100 days agocoindesk
The Protocol: How to Engineer Harder Money, or Just Make Your Own
Bitcoin's supply growth is set to automatically drop by 50% when next week's "halving" arrives, Ethereum is pondering a cut in ETH issuance, and meme coin issuers are just no-holds-barred spinning up new ones. Blockchain tech is enabling all sorts of monetary strategies.
100 days agocoindesk
WOO X Introduces Meme Coin, Layer 2 Index Perpetuals in Partnership With Wintermute, GMCI
Indices provider GMCI’s MEME index includes top meme coins like SHIB, PEPE and DOGE, while the L2 index monitors leading blockchain scaling tokens like MATIC, IMX and OP.
128 days agocoindesk
Arbitrum's ARB, Polygon's MATIC Lead Gains as Ethereum's Dencun Upgrade Goes Live
Ethereum's Dencun upgrade enabled a new way of storing data that was forecast to dramatically cut costs for interacting with layer-2 networks.
164 days agocryptodaily
Polygon (MATIC) Holders Are Moving To Pandoshi (PAMBO)
In the dynamic world of cryptocurrency, shifts in investor allegiance are not uncommon, especially as new projects emerge with promising features and potential.
164 days agocryptodaily
This New Crypto Challenges Cardano (ADA) And Polygon (MATIC) in 2024
As the cryptocurrency market continues to expand, a new contender has emerged on the horizon,
164 days agocryptodaily
Pandoshi (PAMBO) Can Be The Next Polygon (MATIC)
In the dynamic world of cryptocurrency, where innovation leads the charge, a new player, Pandoshi (PAMBO),
164 days agocryptodaily
This Polygon (MATIC) Rival Can Give 100x Returns in 2024
The crypto market has no shortage of layer 2 scaling solutions aiming to solve Ethereum’s scalability woes.

About Polygon?

The live price of Polygon (MATIC) today is 0.532442 USD, and with the current circulating supply of Polygon at 9,897,682,403.07 MATIC, its market capitalization stands at 5,269,940,976 USD. In the last 24 hours MATIC price has moved -0.025116 USD or -0.05% while 135,377,648 USD worth of MATIC has been traded on various exchanges. The current valuation of MATIC puts it at #24 in cryptocurrency rankings based on market capitalization.

Learn more about the Polygon blockchain network and how it works or follow the price of its native cryptocurrency MATIC and the broader market with our unique COIN360 cryptocurrency heatmap.

Polygon, formerly known as the Matic Network, was created in 2017 by Jaynti Kanani, Anurag Arjun, Sandeep Nailwal, and Mihailo Bjelic. 

The project was designed to solve the various issues plaguing the Ethereum network (speed, cost, low throughput, etc.) and aims to provide a simpler framework for creating interconnected networks that improve Ethereum's scalability, efficiency and functionality without compromising on security.

The Matic Network was rebranded to Polygon in February 2021, but its native token is still referred to as MATIC. The network is classified as a Layer-2 solution for Ethereum and operates as a sidechain to improve speed and reduce the cost of transactions.

In 2021 Polygon launched Polygon Studios, a subsidiary of Polygon which focuses on non-fungible tokens (NFTs) and blockchain gaming.

Jaynti Kanani, who came up with the original idea for Polygon, serves as CEO of Polygon, with Ryan Watts resigning as Youtube's head of gaming to fill in the position of CEO at Polygon Studios in January 2022. 

MATIC price

The MATIC cryptocurrency went live in 2019 — two years after the Polygon network was founded. 

MATIC price in USD terms saw steady growth during 2020, but its biggest spikes came during 2021. According to our MATIC live price chart, the token went from under $0.02 to over $0.54 — a 3,070% increase — between Jan. 1 and March. 11, 2021.

The next big jump in the price of MATIC was seen between April. 18 and May. 18, 2021, where it went up more than 900% to set a new all-time high price of $2.7.

However, MATIC/USDT price fell sharply along with the entire crypto market in July of 2021, where it traded at $0.62 at the lowest point.

MATIC was seen gaining traction again in October of the same year, and after some price volatility, it managed to set another all-time high in December 2021, trading just above $2.92. At that point, MATIC’s fully diluted valuation reached $292 billion.

How MATIC works

Polygon is a Layer-2 network, which works alongside the Ethereum blockchain as a sidechain. Sidechains take a lot of the load off the main chain by processing transactions internally and only broadcasting snapshots to the original blockchain.

For developers, Polygon provides ease of migration by supporting EVM (Ethereum Virtual Machine), which allows code from Ethereum DApps to be seamlessly deployed on Polygon.

Unlike Ethereum, however, Polygon uses the proof of stake (PoS) mechanism where validators can stake MATIC tokens to validate transactions and upgrades.

MATIC news, updates, and highlights

Polygon saw a lot of success in early 2021 when the crypto market as a whole was peaking. In May 2021 U.S. billionaire Mark Cuban made an investment in Polygon, adding the India-based blockchain company to his portfolio. On Cuban's website, Polygon is referred to as “...the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development”

While the crypto market slumped by mid-year, MATIC's value soared again in December when the company announced that it would be unveiling a new Javascript library, dubbed MATIC.js. This pushed MATIC price to $2.4, setting a new six-month high. 

In December 2021, Polygon and Wanchain announced a strategic partnership to build a Layer-2-to-Layer-2 cross-chain bridge. By the end of December, Uniswap, one of the leading decentralized exchanges on Ethereum, had also launched a version on the Polygon network. This allowed users to swap tokens on Uniswap via the Polygon Layer-2 network, benefiting from cheaper and faster transactions. 

These positive announcements saw MATIC beating its previous max price by setting a new all-time high of $2.92 on Dec. 27, 2021.

Frequently asked questions about MATIC

  • Can you mine or stake MATIC?

Since MATIC is a Proof-of-stake (PoS) token you cannot mine it. Instead, validators can set up nodes on the MATIC network and collect transaction verification rewards.

  • What are some of the best MATIC wallets?

MATIC is supported by a variety of wallets, Trust Wallet and MetaMask being the more popular web wallets, and Ledger and Trezor among the best hardware wallets.

  • What can you do with MATIC?

You can use MATIC for staking and paying for transaction fees or use it to govern and secure the Polygon network. MATIC can also be used to trade against other cryptocurrencies like Bitcoin and Ethereum.

  • How do you buy MATIC?

Polygon (MATIC) can be bought by exchanging your BTC, ETH, or USDT through an exchange like HitBTC, or by using fiat currency on exchanges like Nexo or eToro.

Polygon Price0.532442 USD
Market Rank#24
Market Cap5,269,940,976 USD
24h Volume112,252,398 USD
Circulating Supply9,897,682,403.07 MATIC
Max Supply10,000,000,000 MATIC
Yesterday's Market Cap5,116,364,288 USD
Yesterday's Open / Close0.542041 USD / 0.516925 USD
Yesterday's High / Low0.551032 USD / 0.511461 USD
Yesterday's Change
-0.05% ( 0.025116 USD )
Yesterday's Volume135,377,648 USD
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