Polygon

MATIC

Rank #177

$0.23

-1.98%

(24H)

Overview
Fundamentals
News Insights
Technical Analysis
About Polygon
FAQs
Tokenomics
Team

Fundamentals

Today's Low

0.229

$0.23

Today's High

0.243

Price & Market Stats

Polygon Price	$0.23
24h High / 24h Low	$0.23 / $0.24
Trading Volume	$1,964,046.00
Price Change (24h)	-$0.00
Price Change Percentage (24h)	-1.984%
Market Cap Rank	#177

Market Cap	$404,725,032.00
Market Cap Change (24h)	-$8,261,221.53
Market Cap Change Percentage (24h)	-2%
Volume / Market Cap	0.0049
All-Time High	$2.92
All-Time Low	$0.00

News Insights

Nuclear-Armed India, Pakistan Heading For Conflict Again? Polymarket Bettors Think Ye...

Cryptocurrency bettors saw high chances of a military conflict between Asian neighbors India and Pakistan as tensions rose sharply following a deadly ...

Miden Spins Out from Polygon With $25M Funding Led by A16z Crypto,1kx and Hack VC

Quick take: The fundraising also attracted participation from Finality Capital Partners, Symbolic Capital, P2 Ventures, Delta Fund, and MH Ventures. M...

OKX Launches OKX Pay: Self-Custody Stablecoin Payment App with Zero Fees

Aiming to simplify crypto transactions and mainstream adoption of stablecoin-based payments, OKX officially launched OKX Pay, a self-custody crypto pa...

Top 3 Cryptos Set To Skyrocket: Best Crypto To Buy This Month

Best 3 Dogecoin Rivals That Can Surpass Shiba Inu in May 2025: Turbo, Toncoin, and Fl...

What Is Polygon?

Polygon is a scalable Layer 2 solution for Ethereum, enhancing speed, efficiency, and interoperability.

Who Are the Founders of Polygon?

Founded by Jaynti Kanani, Sandeep Nailwal, and Mihailo Bjelic.

What Makes Polygon Unique?

Supports multiple Layer 2 solutions, increasing Ethereum’s efficiency.

How Is the Polygon Network Secured?

Secured by Ethereum’s PoS mechanism and multiple Layer 2 integrations.

What Is Polygon’s Role in the Crypto Ecosystem?

Enhances Ethereum’s transaction speed and efficiency.

How Is Polygon’s Technology Upgraded?

Upgrades with new Layer 2 solutions.

Who Are the Largest Corporate Holders of Polygon?

Held by VC firms and Ethereum ecosystem investors.

Frequently Asked Questions

Is Polygon Legal?

Yes, legally compliant Ethereum network.

Can Polygon Be Hacked?

Secure, but Layer 2 bridges require caution.

Can I Use Polygon for Everyday Purchases?

Used in DeFi but not widely accepted for direct purchases.

Tokenomics

Explore the economic structure behind Polygon. Understand the distribution of tokens, supply dynamics, and key economic indicators shaping market performance: Analyzing these elements helps investors understand Polygon's long-term sustainability, potential scarcity, and economic incentives driving its value. Review the chart above for detailed token metrics and distribution insights.

Team

Jaynti Kanani

Co-Founder

EducationBachelor of Engineering, Information Technology, Dharmsinh Desai UniversityCareerCo-Founder, Polygon TechnologyData Scientist, Housing.comSoftware Artisan, Function SpaceSenior Software Engineer, Persistent Systems

Sandeep Nailwal

Co-Founder

EducationMaster of Business Administration, Technology, Finance and Supply Chain Management, National Institute of Industrial EngineeringCareerCo-Founder, Polygon TechnologyCofounder & CEO, ScopeWeaver.comHead, Technology & Supply Chain, Ecommerce Division, Welspun GroupConsultant, Deloitte

Anurag Arjun

Co-Founder

EducationBachelor in Engineering, Computer Engineering, Nirma Institute Of TechnologyCareerCo-Founder, Polygon TechnologyVP, Product ManagementAVP, IRIS Business Services LimitedProject Manager II / Scrum Master, SNL FinancialWorking Partner | Product Manager, Dexter Consultancy Pvt. Ltd.Programmer Analyst, Cognizant Technology Solutions

Mihailo Bjelic

Co-Founder

EducationInformation Systems Engineer, University of Belgrade