Polygon (POL) vs Hedera

General

Description

Polygon (POL) Logo
Polygon (POL)
 (POL)

Polygon is a decentralized scaling platform that uses technologies like sidechains to enable faster and cheaper Ethereum transactions. It’s considered one of the leading Layer 2 solutions built on top of Ethereum, aiming to optimize the network without compromising the security of the Ethereum main chain.

Polygon (POL) overview
Hedera Logo
Hedera
 (HBAR)

Hedera is a decentralized network that uses Hashgraph technology instead of a traditional blockchain. This allows for extremely fast transactions with minimal fees. The network is governed by a council of over 35 major companies, including Google, IBM, Dell, Boeing, and Deutsche Telekom, aiming to foster innovation and prevent hard forks.

Hedera overview

Purpose and goals

Polygon (POL) Logo
Polygon (POL)
 (POL)
  • Scaling for Ethereum
  • Layer 2 infrastructure
  • Developer tools
Hedera Logo
Hedera
 (HBAR)
  • Decentralized network for enterprises
  • Regulatory compliance
  • High speed & scalability

Price and market data

Price chart

Polygon (POL)
 (POL)

$0.257

+9.18%
Hedera
 (HBAR)

$0.245

-0.31%
Market data
Polygon (POL)Hedera
Market cap
$2.34B
$10.38B
Market share
0.058%
0.26%
Current price

$0.26

+$0.0097+3.78%

$0.24

-$0.0081-3.32%
POL converterHBAR converter
All-time high
$1.29
Mar 13, 2024-80.02%
$0.57
Sep 15, 2021-56.85%
Crypto all-time highs
Cycle low
$0.15
+67.85%Apr 07, 2025
$0.036
+583.21%Dec 31, 2022
Prediction for 2025
Powered by AI
$0.51
+98.88%
$0.59
+141.57%
POL predictionHBAR prediction
Momentum
Neutral
NegativePositive
Neutral
Neutral
NegativePositive
Neutral
Relative Strength Index
Neutral
BuySell
Neutral (57.64)
Neutral
BuySell
Neutral (52.03)
Price trend
Positive
(17/30 days)
Positive
(15/30 days)
Price performance
-38.14%
+353.78%
Price performance
-37.97%
-23.37%
Price performance
+7.65%
-7.75%
Price performance
+9.18%
-0.31%
Price performance
+3.78%
-3.32%
Price performance
-1.09%
-1.44%
Annual return
-44.07%
-11.94%
Annual return
-51.72%
+218.51%
Annual return
+43.99%
+132.16%
POL returnsHBAR returns
Total return
-61.26%
2023 – 2025
+120.83%
2019 – 2025
Average annual return
-17.27%
+166.83%
Transaction volume
$346.39M
24h
$343.91M
24h
Max supply
50B
Circulating supply
9.09B
42.39B
Inflation
Year
Year
Crypto inflation

On-chain data

Market data
Polygon (POL)Hedera
Total Value Locked (TVL)
$1.24B
$130.01M
What is Total Value Locked?
Market cap/TVL (ratio)
1.89
79.83
Transactions (avg./day)
724
Active addresses (24h)
905

Our rating

Our rating
Polygon (POL)Hedera
Our overall rating
Polygon (POL)
Hedera
How we evaluate cryptocurrencies

Our individual ratings

Risk
Polygon (POL): 5 of 10
Risk (Polygon (POL))
Hedera: 4 of 10
Risk (Hedera)
Polygon (POL) Logo
Hedera Logo
riskyless risky
Community
Polygon (POL): 7 of 10
Community (Polygon (POL))
Hedera: 6 of 10
Community (Hedera)
Polygon (POL) Logo
Hedera Logo
smalllarge
Hype & momentum
Polygon (POL): 4 of 10
Hype & momentum (Polygon (POL))
Hedera: 4 of 10
Hype & momentum (Hedera)
Polygon (POL) Logo
Hedera Logo
weakstrong
Active usage
Polygon (POL): 6 of 10
Active usage (Polygon (POL))
Hedera: 5 of 10
Active usage (Hedera)
Polygon (POL) Logo
Hedera Logo
lowhigh
Network effect
Polygon (POL): 4 of 10
Network effect (Polygon (POL))
Hedera: 3 of 10
Network effect (Hedera)
Polygon (POL) Logo
Hedera Logo
weakstrong
Decentralization
Polygon (POL): 6 of 10
Decentralization (Polygon (POL))
Hedera: 2 of 10
Decentralization (Hedera)
Polygon (POL) Logo
Hedera Logo
centralizeddecentralized

Our opinion

Polygon (POL) Logo
Polygon (POL)
 (POL)
Layer-2 solutions like Polygon have become indispensable for a scalable Ethereum ecosystem, and Polygon was one of the first major players to keep Ethereum usable despite massively increased demand. The problem: its original competitive edge is rapidly eroding as Arbitrum has overtaken Polygon in Total Value Locked (TVL), Optimism excels with better Ethereum compatibility, and Base benefits from Coinbase's marketing muscle. Particularly concerning is Polygon's positioning as a multi-chain hub with its 2.0 strategy, potentially losing focus while competitors successfully concentrate on pure Ethereum scaling. The academic-sounding marketing around "AggLayer" and POL can't hide the fact that genuine user and developer adoption has stagnated. Ethereum's roadmap is betting long-term on Layer-2s, but the market is evolving into a winner-takes-most scenario where Polygon must prove it can not only keep up technologically but also win back community and developer momentum — currently, it looks more like a slow decline into irrelevance.
Polygon (POL) overview
Hedera Logo
Hedera
 (HBAR)
Hedera combines the advantages of public and private networks, specifically targeting enterprises that require scalable and regulatory-compliant infrastructure. Its Hashgraph technology enables high-speed transactions with final confirmation within seconds—a clear advantage over traditional blockchains. The consensus mechanism, Asynchronous Byzantine Fault Tolerance (ABFT), ensures security and protection against attacks, while proxy staking incentivizes HBAR investors. However, challenges remain: governance by a limited council may restrict decentralization in the long term. Additionally, Hashgraph is a patented technology, raising concerns among open-source advocates and potentially hindering adoption beyond the Hedera ecosystem. Furthermore, currently only authorized nodes can determine transaction history, contrasting with fully open and accessible networks like Bitcoin or Ethereum. Despite these challenges, Hedera offers a robust alternative for businesses seeking performant and legally secure distributed ledger technology. Whether Hashgraph can compete with open blockchain platforms largely depends on the ecosystem’s development and the establishment of sufficient use cases.
Hedera overview

Details

Info
Polygon (POL)Hedera
Founder
Sandeep Nailwal, Jaynti Kanani, Anurag Arjun, Mihailo Bjelic
Mance Harmon, Dr. Leemon Baird, Paul Madsen
Developer
Polygon Labs UI Ltd.
Hedera Governing Council
Published
2017
2019
Open source
Yes
No
Sector
Smart Contracts
Smart Contracts
Key feature
Scalability (Layer-2)
Enterprise DLT
Blockchain
Ethereum Blockchain
Hashgraph
Staking
Yes
Yes
Consensus mechanism
Proof of Stake
Hashgraph, Proof of Stake
Energy consumption
Low
Low
Transactions per second
10,000 TPS
10,000 TPS
Institutional investors
  • Sequoia
  • SoftBank
  • Tiger Global
  • Coinbase Ventures
  • Binance Labs
  • AU21 Capital
  • etc.
  • Digital Currency Group (DCG)
  • Blocktower Capital
Community
2.07M followers
438,169 followers
Website
polygon.technology
hedera.com
Whitepaper
Whitepaper
Whitepaper
Polygon (POL) vs Hedera

Polygon (POL) or Hedera

Market data comparison of POL versus HBAR

The current price of Polygon (POL) is $0.26 and has increased by in the last 24 hours. Hedera is currently trading at $0.24, with a drop of over the same period. Polygon (POL) has a market cap of $2.34B and ranks 56th. Hedera follows with a market cap of $10.38B, ranking 22nd — meaning it is valued higher.

We automatically update all market data every 15 minutes, so you always have the latest figures for your comparison.

Should I buy Polygon (POL) or Hedera?

You should be aware that investing in cryptocurrencies carries risks, and we are neither allowed nor intending to provide investment advice. Still, we'd like to offer some food for thought: consider the opportunities and risks associated with both Polygon (POL) and Hedera. What target markets and problems are these two projects aiming to address?

If you're still unsure whether to invest in Polygon (POL) or Hedera, you can take a look at some additional market data to help with your decision:

Currently, Polygon (POL) is about below it's all-time high of $1.29 reached on Mar 13, 2024.
In comparison, Hedera is down approximately from it's all-time high of $0.57 on Sep 15, 2021.
Polygon (POL) currently has a 0.72% higher 24h transaction volume of $346.39M compared to Hedera with $343.91M.
Over the past year, Polygon (POL) achieved a total return of , while Hedera returned . Keep in mind, however, that past performance rarely guarantees future results.

Additional criteria for comparing cryptocurrencies:

  • What problem does the project aim to solve, and is a decentralized network meaningful and necessary for it?
  • How actively is the network being used?
  • Does the project have a large and active community?
  • How strong is the development activity? (e.g., on GitHub)
  • How decentralized is the underlying blockchain and the project itself?

How we evaluate cryptocurrencies

These are just a few indicators you can use to better evaluate and compare cryptocurrencies like Polygon (POL) and Hedera. Cryptocurrencies and their underlying technologies are often difficult to compare — even for professionals. So don’t stress yourself out, and never let emotions or fear of missing out drive your investment decisions.

Where can I buy Polygon (POL) or Hedera?

Today, there are many reputable and secure exchanges that make it easy to invest in Polygon (POL) and Hedera. We're happy to help you choose the right one: simply use our exchange comparison tool to find the platform that best suits your needs. Both Polygon (POL) and Hedera are well-known and in high demand, which means they're available on most major exchanges.

Crypto exchanges comparison

Which crypto wallet is best for Polygon (POL) and Hedera?

If you want to store cryptocurrencies like Polygon (POL) or Hedera yourself, choosing the right wallet is essential. Consider your personal preferences when deciding: Is ease of use important to you? Do you prefer maximum security with a hardware wallet (USB device), or is a software wallet sufficient for your needs? Our crypto wallet comparison helps you find the best wallet for Polygon (POL), Hedera, and many other cryptocurrencies.

Crypto wallets comparison

How does our comparison work?

Data & Interfaces

Our market data is automatically updated every 15 minutes. This means you can always use the latest data for your comparisons. We obtain the data through web interfaces (API) from CoinGecko, Santiment, DefiLlama, CoinCodex and many more

Research & Deepdive

We regularly sift through a jungle of technical whitepapers, websites, social media and forums for you. In doing so, we filter out essential and relevant information in order to present it to you clearly and comprehensibly in our comparison

Analysis & Valuation

We research and use analysis tools for blockchains and their networks, to form a fact-based foundation for our valuation. Please note that this is not an investment recommendation, but merely our personal opinion.

Community & Feedback

We check our information every 1-2 months to ensure it is up to date and correct. With the help of our community, we can find outdated or incorrect data even faster. Of course, we also welcome your feedback or suggestions for improvement!

Our data on cryptocurrencies was last updated on 2025-08-18T23:50:33.036172+00:00. Sources: CoinGecko, santiment.net, defillama.com, coincodex.com.

The content on this website is provided for general informational purposes only and does not constitute financial, investment, legal, or tax advice. It should not be interpreted as a guarantee of future price developments or as an invitation to act. All visitors are responsible for independently verifying any information before using a listed service. Trading cryptocurrencies involves significant risk and may result in the total loss of your invested capital. Past performance is not indicative of future results. We do not assume any liability for the timeliness, accuracy, or completeness of the information provided, including third-party content. Some of the links on this website are affiliate links. If you purchase a product or service through one of these links, we may receive a commission — at no additional cost to you. All actions are taken at your own risk.