Polygon Network Token

Polygon Network Token
POL
Contract address
0x455e...ffc3f6
Copy POL contract address
$0.0776
$0.00074(+0.95%)Today
Market cap
828.78m
Total volume (24h)
21.07m
Volume / Market cap
0.0254
Circulating supply
10.69bn
Day range (24h)
$0.0764$0.0776
All-time low
$0.068
All-time high
$1.29

About Polygon Network Token (POL)

Polygon, formerly known as Matic, is a decentralized, Ethereum Virtual Machine (EVM) compatible blockchain network, launched in October 2017 by Anurag Arjun, Sandeep Nailwal, Jaynti Kanani, and Mihailo Bjelic. Its founders originally created Matic, a layer 2 (L2) Proof-of-Stake (PoS) blockchain, as a faster and more cost-effective scaling solution for Ethereum. In 2021, Matic rebranded as Polygon, and expanded to encompass a broader range of Ethereum scaling and infrastructure offerings.

Polygon Network Token (POL) is the native cryptocurrency for the Polygon blockchain network. POL is used for securing the network, staking, and governance. It was created as an upgrade to the MATIC token, which served a similar purpose on Matic network. 

The most popular uses for POL are decentralized finance (DeFi) trading, staking, and governance, within Polygon’s expanded ecosystem. POL holders are typically active DeFi traders, long-term investors/stakers, NFT holders, and gamers. 

Token type: Utility/DeFi

Price history

Today (27 July 2026)$0.0776+0.95%
24 hours ago (26 July 2026)$0.0768+0.95%
1 week ago (20 July 2026)$0.0813-4.59%
1 month ago (27 June 2026)$0.0717+8.19%
1 year ago (27 July 2025)$0.2365-67.21%

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POL market moves

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24h change: +0.80%. From $0.0764 to $0.077.

  • The Ithaca hard fork is set to activate on Polygon mainnet around July 29, 2026 at block 50,185,000. It builds on the July 13 Zurich hard fork, which raised the block gas limit to 160 million and reduced block times to 1.5 seconds. These upgrades support faster finality, onchain gas fee parameters, higher throughput, and greater network resilience. The changes are particularly relevant for payments applications and align with Polygon's focus on enterprise-grade performance.
  • PayPal USD became natively issued on Polygon Chain via Paxos in early July 2026 and integrated into the Open Money Stack. This enables regulated cross-border stablecoin transfers in one integration. Polygon Chain reached 5,000 payments per second after upgrades, matching card network speeds at lower cost, while apps like Credible exceeded $152 million in payments volume. The developments reinforce Polygon's positioning for enterprise payments and stablecoin use cases.
  • POL trades near $0.078 after a roughly 67 percent year-to-date decline and over 90 percent drop from its all-time high near $1.29. Trading volume remains below recent averages amid limited immediate catalysts. Network metrics show growth including more than 100,000 new holders in the past month and expanding payments activity. Analysts continue to discuss the gap between token price performance and underlying ecosystem utility.

24h change: -3.51%. From $0.0793 to $0.0765.

  • The Ithaca hard fork has successfully deployed on the Amoy testnet and is scheduled to activate on Polygon mainnet at block 50185000 around 2 PM UTC on July 29. It enhances payment reliability through automatic failover if a block producer stalls, safeguards that block destabilizing transactions, and better visibility for node operators. All node operators must upgrade their software before activation to maintain compatibility and network safety. These upgrades build on the recent Heimdall v2 improvements and support Polygon's payments strategy with higher throughput and stability.
  • Polygon Labs CEO Marc Boiron announced layoffs on July 16 as the company finalizes its Coinme acquisition and transforms from a blockchain foundation into a blockchain-enabled payments company targeting profitability by 2027. The restructuring integrates teams from acquisitions like Coinme and Sequence to build the Open Money Stack for seamless fiat-crypto payments. Polygon reported $3.37 billion in stablecoin supply and a record $9.12 billion in payment volume for June. This is the second round of cuts in 2026 and reflects a strategic shift in a competitive environment.
  • POL trades around $0.08 after reaching an all-time low near $0.067 in early July, showing tight ranges and potential descending channel breakouts according to technical analysis. It offers competitive staking yields around 3.4 percent APR and was named among top staking assets for 2026 due to its role securing the network. Ecosystem developments like payments upgrades continue amid broader Layer-2 competition and variable demand. Market cap sits near $830 million with daily volumes in the tens of millions.

24h change: -1.76%. From $0.083 to $0.0815.

  • Paypal expanded its pyusd stablecoin to the polygon network through issuer paxos as of early july 2026. Businesses can now access regulated onchain dollars for cross-border transfers, payroll, and settlements using existing polygon wallets, ramps, and compliance tools without bridges. This builds on polygon's open money stack and positions the network as infrastructure for enterprise payments with growing stablecoin adoption.
  • Polygon chain now supports 5000 payments per second, matching traditional card network speeds at much lower cost. Payments project credible has exceeded 152 million dollars in total volume on polygon. These metrics align with the launch of enterprise tools, stablecoin guides, and the open money stack for onchain migration of traditional finance activity.
  • Polygon executed a mainnet upgrade in early july 2026, prompting temporary halts to deposits and withdrawals on exchanges like bybit. The polygon zkevm mainnet beta sequencer was sunset on july 3 2026 with claims for eligible assets opening thereafter. These changes support focus on payments scaling, agglayer for shared liquidity, and refined token utility for pol in staking and governance.

24h change: -2.35%. From $0.085 to $0.083.

  • Paypal has integrated its regulated stablecoin pyusd directly on the polygon network. This enables seamless cross-border movement of onchain dollars with one integration and supports compliant business payments. The launch builds on polygon chain's open money stack including wallet access, fiat ramps, and compliance tools. It highlights growing institutional and enterprise use cases for the ecosystem.
  • Polygon has positioned itself as a leading chain for payments reaching 5000 payments per second at low cost. Recent milestones include credible surpassing 152 million dollars in total payments volume on the network. Integrations like uquid for one-click crypto checkout across millions of products demonstrate enterprise adoption. These developments align with broader scaling efforts and real-world utility.
  • Pol trades around 0.083 dollars following a period of downward pressure in 2026 after the matic migration. The network has seen significant token burns with up to one million pol burned daily in prior periods contributing to supply reduction. Technical analysis in recent posts shows mixed momentum signals with some setups noting buyer absorption near current levels. Ecosystem utility expansions aim to support long-term value accrual through usage.

24h change: +3.43%. From $0.0822 to $0.085.

  • PayPal USD became natively issued on Polygon Chain via Paxos and integrated into the Open Money Stack in early July. This enables businesses to move regulated onchain dollars across borders with one integration. It aligns with Polygon's repositioning as payments infrastructure, including high transaction speeds and enterprise tools. Coverage from official channels and news outlets notes its role in expanding compliant stablecoin usage.
  • Official updates show Polygon reaching new highs in stablecoin card top-up volume exceeding 30 million dollars midway through July. This activity is linked to integrations like PYUSD and tools from partners such as KASTxyz. The network has emphasized payments use cases with features supporting thousands of transactions per second. These developments reflect increased real-world adoption metrics even as the broader ecosystem evolves.
  • Recent integrations include automated stablecoin subscriptions and margin accounts for prediction markets like Polymarket. Polygon has achieved 5000 payments per second while focusing on the Open Money Stack for businesses. On-chain reports highlight stable transaction volumes and TVL contributions from apps like Polymarket. These steps support Polygon's shift toward regulated, high-scale payments solutions.

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