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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 20h ago

MATIC dropped ↘2% since Wednesday morning, underperforming Smart Contract Platform peers like INJ and NEAR.

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9/18/2025, 9:52:01 AM

Trading Insights

Buyer Ratio

54%0%

Traders

1.7K

11.25%

Buyers

941

9.29%

Sellers

832

12.43%

Searched

946

Market Stats

Market Cap

Not enough data

FDV

€2.20B

Circ. Supply

Not enough data

Max Supply

10B MATIC

Total Supply

10B MATIC

Diluted Valuation

€2.20B

Performance

Popularity

#9,999,999

Dominance

Not enough data

Volume (24H)

€1.19M

12.13%

Volume (7D)

Not enough data

Volume (30D)

Not enough data

All time high

€0.22

Price Change (1Y)

-34.71%

Additional details

Market details

MATIC vs markets

↘ 67.12%

MATIC vs BTC

↘ 64.94%

MATIC vs ETH

↘ 64.97%

Tags

0

Network & Addresses

Network
Address

Ethereum

0x7D1AfA7B718fb893dB30A3aBc0Cfc608AaCfeBB0

Polygon

0x0000000000000000000000000000000000001010

Solana

C7NNPWuZCNjZBfW5p6JvGsR8pUdsRpEdP1ZAhnoDwj7h

BNB Smart Chain

0xCC42724C6683B7E57334c4E856f4c9965ED682bD

Price history

Time
Price
Change
Today
€0.22
↗ 3.68%
1 Day
€0.21
↗ 3.68%
1 Week
€0.23
↘ 4.21%
1 Month
€0.21
↗ 5.13%
1 Year
€0.36
↘ 34.71%

Coinbase insights

Happening now

AI generated 20h ago

MATIC dropped ↘2% since Wednesday morning, underperforming Smart Contract Platform peers like INJ and NEAR.

Market Position

Trading volume fell ↘7% in 24 hours, underperforming crypto market average ↗12% increase

Weekly decline ↘7% significantly underperforms category leaders AVAX and GNO which gained ↗7% and ↗6%

Monthly gains ↗2% trail SOL's ↗22% surge and AVAX's ↗20% increase

Latest Stories

Polymarket integrates Chainlink oracles on Polygon for automated bet resolutions. Source↗

Recent trends

The latest MATIC price is €0.22. Compared to Polygon's value of €0.21 from 24 hours ago, there's been a 4% increase, while the current price is -4% down from €0.23 which was recorded one week ago. Polygon's all time high is €0.22, which was reached on September 18, 2025. This is a -0% change from its price today.

The fully diluted valuation of Polygon is €2.20B. The diluted valuation of Polygon is €2.20B.

Polygon had 941 buyers, 832 sellers and total 1,740 trades in the last 24h. Polygon was searched 946 times in the last 24h.

FAQ

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Polygon news

Trending articles

Social stats

Popularity in posts

#281

Contributors

458

Posts

943

% About Polygon

0.086%

0

Hold times

0 days

X (Twitter)

29.9% bullish

Sentiment

4.4 ★

Highlights

458 unique individuals are talking about Polygon and it is ranked #281 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 87 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 30.74% of tweets with bullish sentiment compared to 2.83% of tweets with a bearish sentiment about Polygon. 69.26% of tweets were neutral about Polygon. These sentiments are based on 921 tweets.

On Reddit, Polygon was mentioned in 6 Reddit posts and there were 5 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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