$0.1179 | Current price |
|---|---|
$1.25B | Market cap |
+3.6% | 24h change |
-47.8% | 1y change |
Polygon market overview
Price data
$0.1179 | Current price |
|---|---|
$1.2900 -90.8% | All-time high (Mar 13, 2024) |
$1.25B | Market cap |
$138.38M | Transaction volume (24h) |
Price performance
++3.6% | Day |
|---|---|
++8.1% | Week |
++22.1% | Month |
--47.5% | Year |
Polygon news
News sentiment
Price performance of Polygon
| Year | Return |
|---|---|
| 2026 | +14% |
| 2025 | -78% |
| 2024 | -52% |
| 2023 | +44% |
Monthly price performance
| Selection | Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +8.7 | -2.4 | -16.1 | +1.7 | -3.5 | -21.3 | +1.3 | +35.8 | +21.0 | – | – | – | +14.4 | |
| 2025 | -10.7 | -32.7 | -26.3 | +16.0 | -12.7 | -10.7 | +17.3 | +18.6 | -12.1 | -18.1 | -27.6 | -23.0 | -77.7 | |
| 2024 | -16.1 | +26.4 | -3.2 | -27.7 | -1.7 | -21.2 | -8.2 | -17.7 | +0.0 | -21.0 | +76.4 | -21.1 | -51.7 |
Highlights
Average annual price performance
Best year
Worst year
About Polygon
What is Polygon?
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.
Sector | Smart Contracts |
Key feature | Scalability (Layer-2) |
Founder | Sandeep Nailwal, Jaynti Kanani, Anurag Arjun, Mihailo Bjelic |
Published | 2017 |
Social media | 2.06M |
Links |
Blockchain | Ethereum Blockchain |
Consensus mechanism | Proof of Stake |
Staking | Yes |
Open source | Yes |
Energy consumption | Low |
Transactions per second | 10,000 TPS |
Our Polygon rating
What we think
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.
Frequently asked questions about Polygon
What is the current price of Polygon?
The current price of Polygon is $0.1179. Over the past 24 hours, the price is up 3.6%, with a trading volume of $138.38M. Polygon is the 71st largest cryptocurrency by market cap, currently at $1.25B.
What was the all-time high of Polygon?
The Polygon (POL) cryptocurrency all-time high is $1.2900. This price was reached on Mar 13, 2024. The current price is $0.1179, a difference of -90.8% from the all-time high.
Why is Polygon rising?
The increase in Polygon's price can be attributed to a variety of factors. These include changes in market sentiment, the liquidation of positions, investor activity, relevant news, or other external influences.
Is it worth investing in Polygon?
Polygon (POL) has fallen by 47.5% over the past 12 months, making it a poor investment over that period. Whether this trend continues depends on many external factors, including supply and demand. Past performance is not a reliable indicator of future results.
Where can I buy Polygon?
Among the best places to buy Polygon are Kraken, Coinbase and OKX. Our crypto exchange comparison helps you find the best fit. For the lowest overall price, check our price comparison (buy Polygon).
Which Polygon wallet is the best?
Two of the best hardware wallets for Polygon are the Ledger Stax (easiest to use) and the BitBox02 (best-in-class security). Our crypto wallet comparison helps you find the best fit.
Polygon price comparison
$760.57
$0.1179
$11.42
$0.1179
$2,671.77
$0.1179
$1.2139
$0.1179
$119.27
$0.1179
$1.4960
$0.1179
Other crypto prices
- Bitcoinprice
- Ethereumprice
- Tetherprice
- BNBprice
- XRPprice
- USDCprice
- Solanaprice
- Tronprice
- Zcashprice
- Hyperliquidprice
- Dogecoinprice
- Chainlinkprice
- Moneroprice
- Cardanoprice
- Stellarprice
- NEAR Protocolprice
- Bitcoin Cashprice
- Uniswapprice
- Litecoinprice
- Avalancheprice
- Cantonprice
- Suiprice
- Hederaprice
- Gram (Toncoin)price
- Bittensorprice
- Shiba Inuprice
- Aaveprice
- Ondoprice
- Polkadotprice
- Worldcoinprice
- Pepeprice
- Arbitrumprice
- Kaspaprice
- Algorandprice
- Renderprice
- Lighterprice
- Cosmosprice
- Filecoinprice
- VeChainprice
- ASI (Fetch.ai)price
- Seiprice
- Tezosprice
- Bonkprice
- The Graphprice
- IOTAprice
- Axie Infinityprice
- Decentralandprice
- Sonic (Fantom)price
- The Sandboxprice