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About Polygon

Polygon was formerly called Matic Network. Polygon (MATIC) is an Ethereum token that powers the Polygon Network, a scaling solution for Ethereum. Polygon aims to provide faster and cheaper transactions on Ethereum using Layer 2 sidechains, which are blockchains that run alongside the Ethereum main chain. Users can deposit Ethereum tokens to a Polygon smart contract, interact with them within Polygon, and then later withdraw them back to the Ethereum main chain. The MATIC token is used to pay transaction fees and participate in proof-of-stake consensus.

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Happening now

AI generated 58m ago

MATIC's trading volume surged ↗18% since yesterday, outpacing the broader crypto market which saw a ↘7% decline.

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7/24/2025, 2:22:42 AM

Trading Insights

Buyer Ratio

53%0%

Traders

2.7K

4.89%

Buyers

1.4K

6.94%

Sellers

1.3K

3.54%

Searched

1.6K

Market Stats

Market Cap

€287.49M

-6.94%

FDV

€1.98B

Circ. Supply

1.5B MATIC

Max Supply

10B MATIC

Total Supply

10B MATIC

Diluted Valuation

€1.98B

Performance

Popularity

#9,999,999

Dominance

0.01%

Volume (24H)

€1.78M

17.52%

Volume (7D)

Not enough data

Volume (30D)

Not enough data

All time high

€0.20

Price Change (1Y)

-53.1%

Additional details

Market details

MATIC vs markets

↘ 71.4%

MATIC vs BTC

↘ 74.06%

MATIC vs ETH

↘ 59.18%

Tags

0

Network & Addresses

Network
Address

Ethereum

0x7D1AfA7B718fb893dB30A3aBc0Cfc608AaCfeBB0

Polygon

0x0000000000000000000000000000000000001010

Solana

C7NNPWuZCNjZBfW5p6JvGsR8pUdsRpEdP1ZAhnoDwj7h

BNB Smart Chain

0xCC42724C6683B7E57334c4E856f4c9965ED682bD

Price history

Time
Price
Change
Today
€0.20
↘ 6.79%
1 Day
€0.21
↘ 6.79%
1 Week
€0.20
↗ 2.19%
1 Month
€0.16
↗ 28.34%
1 Year
€0.46
↘ 53.10%

Coinbase insights

Happening now

AI generated 58m ago

MATIC's trading volume surged ↗18% since yesterday, outpacing the broader crypto market which saw a ↘7% decline.

Market Position

Maintains position near all-time high, outperforming many Smart Contract Platform peers

Monthly gains of roughly 30% trail category leaders XLM and XTZ

Hourly performance shows about 2% gain, exceeding Smart Contract Platform average

Past Stories

(Jul 2025) Implemented Heimdall v2 upgrade to enhance finality. Source↗

(Jul 2025) Issued €100 million blockchain bond on Polygon. Source↗

(Apr 2025) Raised $25 million for privacy-focused blockchain Miden. Source↗

Recent trends

The latest MATIC price is €0.20. Compared to Polygon's value of €0.21 from 24 hours ago, there's been a -7% decrease, while the current price is 2% up from €0.20 which was recorded one week ago. Polygon's all time high is €0.20, which was reached on July 24, 2025. This is a -0% change from its price today.

The current circulating supply of Polygon is 1,452,000,654. This is 15% of its max supply of 10,000,000,000 MATIC and 15% of its total supply of 10,000,000,000. The market cap is currently €287.49M, which is a result of multiplying the current price of Polygon(€0.20) by the total supply(10,000,000,000 MATIC). The fully diluted valuation of Polygon is €1.98B. The diluted valuation of Polygon is €1.98B.

Polygon had 1,433 buyers, 1,346 sellers and total 2,704 trades in the last 24h. Polygon was searched 1,559 times in the last 24h.

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Polygon news

Trending articles

Social stats

Popularity in posts

#122

Contributors

789

Posts

3,436

% About Polygon

0.215%

0

Hold times

0 days

X (Twitter)

34.77% bullish

Sentiment

4.6 ★

Highlights

789 unique individuals are talking about Polygon and it is ranked #122 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Polygon has an average sentiment score of 91 out of 5. Finally, Polygon is becoming less newsworthy, with 0 news articles published about Polygon.

On Twitter, people are mostly neutral about Polygon. There were 36.23% of tweets with bullish sentiment compared to 4.22% of tweets with a bearish sentiment about Polygon. 63.77% of tweets were neutral about Polygon. These sentiments are based on 3398 tweets.

On Reddit, Polygon was mentioned in 27 Reddit posts and there were 25 comments about Polygon. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Analysis

Bulls say

By market capitalization and users, Polygon is one of the most popular scaling solutions for Ethereum. It caters to diverse use cases and is renowned for its rapid, cost-effective transactions.

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Bears say

Polygon faces considerable competition from other networks aiming to solve similar challenges, which could dilute its presence in the market.

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Guides

Polygon calculator

Coinbase Bytes

Whale street: How big-money institutional investors are preparing for the next bull run

Coinbase Bytes

Nov 08, 2023

Whale street: How big-money institutional investors are preparing for the next bull run

Is Wall Street ready for the next bull run? Major institutional investors have been making moves.
    As crypto markets have risen from their slumber this year, institutional investors from Wall Street, Silicon Valley, and beyond are paying attention. Major firms are increasing their investments in crypto, crypto-oriented venture funds are busy raising and deploying capital, and many of the world’s biggest banks are exploring blockchain-native financial products like tokenized treasuries and loans. 
    Institutions are showing rising enthusiasm for altcoins, with investment in products focused on Polygon ($0.8 million) growing last week.

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