Polygon

It belongs to the Others sector (Ethereum Layer-2). It has traded since Apr 26, 2019, across 477 markets on 16 exchanges, with $26.80K of volume in the last 24 hours. Its all-time high of $2.90 was reached on Dec 27, 2021; the current price is 96.9% below that peak. Its cycle low of $0.068366 came on Jun 25, 2026.

3 team members are listed. It is available on 9 networks.

Polygon is a suite of Ethereum-based scaling solutions designed to enhance the performance of the Ethereum blockchain by moving computation and data storage off-chain into low-fee, high-speed environments. It has evolved from a single chain into a diverse network of blockchains, driven by the need for interoperability among blockchains.

The MATIC token, initially deployed as an ERC-20 token on Ethereum, has been used within the Polygon ecosystem for network fees, staking, and governance. It has been bridged to various EVM-compatible networks and is expected to be phased out in favor of the POL token as part of the Polygon 2.0 upgrade.