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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.

Buy Polygon

Happening now

AI generated 15h ago

MATIC volume dropped ↘21% since Monday evening, ranking among bottom Smart Contract Platforms.

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9/24/2025, 4:52:17 AM

Trading Insights

Buyer Ratio

57%0%

Traders

1.4K

-25.66%

Buyers

820

-32.18%

Sellers

636

-15.43%

Searched

697

Market Stats

Market Cap

Not enough data

FDV

€1.91B

Circ. Supply

Not enough data

Max Supply

10B MATIC

Total Supply

10B MATIC

Diluted Valuation

€1.91B

Performance

Popularity

#9,999,999

Dominance

Not enough data

Volume (24H)

€572.74K

-35.72%

Volume (7D)

Not enough data

Volume (30D)

Not enough data

All time high

€0.19

Price Change (1Y)

-43.8%

Additional details

Market details

MATIC vs markets

↘ 68.06%

MATIC vs BTC

↘ 68.19%

MATIC vs ETH

↘ 65.13%

Tags

0

Network & Addresses

Network
Address

Ethereum

0x7D1AfA7B718fb893dB30A3aBc0Cfc608AaCfeBB0

Polygon

0x0000000000000000000000000000000000001010

Solana

C7NNPWuZCNjZBfW5p6JvGsR8pUdsRpEdP1ZAhnoDwj7h

BNB Smart Chain

0xCC42724C6683B7E57334c4E856f4c9965ED682bD

Price history

Time
Price
Change
Today
€0.19
↗ 0.29%
1 Day
€0.19
↗ 0.29%
1 Week
€0.21
↘ 11.49%
1 Month
€0.21
↘ 9.19%
1 Year
€0.36
↘ 43.80%

Coinbase insights

Happening now

AI generated 15h ago

MATIC volume dropped ↘21% since Monday evening, ranking among bottom Smart Contract Platforms.

Market Position

Weekly decline of ↘12% significantly underperforms Smart Contract Platform category average ↘6%

Monthly drop of ↘9% exceeds category peers' average ↘7% decline

Trading activity trails market levels, falling more than crypto's ↘14% average

Past Stories

July 2025: Issued €100M blockchain bond on Polygon. Source↗

June 2025: Appointed Sandeep Nailwal as CEO of Polygon Foundation. Source↗

April 2025: Launched Agglayer Breakout Program for projects. Source↗

Recent trends

The latest MATIC price is €0.19. Compared to Polygon's value of €0.19 from 24 hours ago, there's been a 0% increase, while the current price is -11% down from €0.21 which was recorded one week ago. Polygon's all time high is €0.19, which was reached on September 24, 2025. This is a 0% change from its price today.

The fully diluted valuation of Polygon is €1.91B. The diluted valuation of Polygon is €1.91B.

Polygon had 820 buyers, 636 sellers and total 1,428 trades in the last 24h. Polygon was searched 697 times in the last 24h.

FAQ

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Polygon news

Trending articles

Social stats

Popularity in posts

#331

Contributors

577

Posts

1,025

% About Polygon

0.074%

0

Hold times

0 days

X (Twitter)

19.37% bullish

Sentiment

4.0 ★

Highlights

577 unique individuals are talking about Polygon and it is ranked #331 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 80 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 36.52% of tweets with bullish sentiment compared to 88.55% of tweets with a bearish sentiment about Polygon. 63.48% of tweets were neutral about Polygon. These sentiments are based on 1005 tweets.

On Reddit, Polygon was mentioned in 5 Reddit posts and there were 1 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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