Polygon
POL
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Polygon price
in EUR€0.22003
-€0.0026285 (-1.19%)
EUR
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Market cap
€2.31B
Circulating supply
10.5B / 10.5B
All-time high
€0.65161
24h volume
€106.45M
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-generated
Last audit: Apr 19, 2021, (UTC+8)
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.
Polygon’s price performance
Past year
-31.35%
€0.32
3 months
+37.01%
€0.16
30 days
+1.80%
€0.22
7 days
-3.93%
€0.23
Polygon in the news
Also: Ledger CTO Warns of NPM Exploit, Backpack EU opens, and Polygon PoS Chain Reports Finality Lag
A bug affecting Bor/Erigon nodes forced validators to resync, slowing confirmation times even as block production continued at a normal pace.
Uniswap (UNI) dropped 2.8% and NEAR Protocol (NEAR) fell 2.8%, leading the index lower from Wednesday.
Technical models flag bullish momentum, with support emerging around $0.277–$0.278.
The Frontier Stable Token has been deployed on Arbitrum (ARB), Avalanche (AVAX), Base, Ethereum (ETH), Optimism (OP), Polygon (POL), and Solana (SOL) networks.
Polygon on socials
one thing I've always found hilarious about crypto and L1's in particular is looking up the amount of $ each chain generates from fees every day vs their FDV
for example, we all know of that one chain which will not be named that's trading at a ~10B FDV while generating about ~$100 in fees a day
obviously fees generated isn't the only source of income for a L1 but objectively it's pretty hilarious
2 of my favorite projects I've talked about recently have had more respectable numbers recently:
@Aptos - ~$2500/day in fees recently (ARR ~1M this year), with $APT trading at a ~5B FDV. team's been absolutely cooking recently /w the CCIP update. >50M inflows over the past couple of days already. possibly undervalued?
@0xPolygon - $~10k/day in fees recently (ARR ~4M this year), with $POL trading at a ~2.5B FDV. at one point Polygon was boasting over 9B TVL, now still holding at a respectable 1.2B and on the uptrend with some amazing recent protocol integrations
chat how do we feel about projects evaluations vs their fees generated. fair, unfair, useless, useful, or somewhere in between? are any of these two (or others) kinda undervalued?
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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
Chainlink, Ethereum, and Polygon: Unlocking Blockchain's Full Potential
Introduction to Chainlink, Ethereum, and Polygon Blockchain technology has transformed industries by enabling decentralized systems, but its true potential is being unlocked through innovations like C
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
Diversify your portfolio with over 60 euro trading pairs available on OKX
Polygon FAQ
Currently, one Polygon is worth €0.22003. 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
€2.31B
Circulating supply
10.5B / 10.5B
All-time high
€0.65161
24h volume
€106.45M