Polygon Network Token

Polygon Network Token
POL
Contract address
0x455e...ffc3f6
Copy POL contract address
$0.0791
-$0.000965(-1.22%)Today
Market cap
845.07M
Total volume (24h)
29.56M
Volume / Market cap
0.0350
Circulating supply
10.68B
Day range (24h)
$0.0791$0.0802
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 (July 12, 2026)$0.0791-1.22%
24 hours ago (July 11, 2026)$0.0801-1.22%
1 week ago (July 5, 2026)$0.073+8.36%
1 month ago (June 12, 2026)$0.0744+6.44%
1 year ago (July 12, 2025)$0.2323-65.93%

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POL market moves

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24h change: +1.12%. From $0.0785 to $0.0794.

  • PayPal has enabled native issuance of its PYUSD stablecoin directly on the Polygon network. The stablecoin integrates with Polygon's Open Money Stack to simplify cross-border payments, payroll, and settlements for businesses in one platform. Polygon already handles billions in daily stablecoin volume, and this move aims to increase real-world usage of regulated onchain dollars.
  • Polygon has led in stablecoin settlement volumes, processing tens of billions recently and hitting 5000 payments per second. Partnerships with PayPal, Mastercard, and others support its role as a payments rail. This real usage drives onchain activity across its ecosystem of chains.
  • Record transaction volumes on Polygon have burned 107 million POL tokens, outpacing new issuance and creating net deflation. POL powers gas, staking, and governance across the ecosystem following the MATIC migration. This supply dynamic coincides with growing payments usage and network upgrades.

24h change: +3.42%. From $0.0759 to $0.0785.

  • PayPal has brought native issuance of its PYUSD stablecoin to the Polygon network via Paxos. Businesses can now use the regulated stablecoin for cross-border payments, transfers, and cash-outs within Polygon's Open Money Stack using existing tools, wallets, and compliance features. Polygon has settled over 2.6 trillion dollars in stablecoin volume, with Revolut and Stripe among users. This reinforces the network's role in regulated onchain payments.
  • Recent data shows base fees collected in POL exceeding new issuance over the past 30 days, with a burn of over 100 million POL contributing to supply reduction. Priority fees are directed to validators and stakers, with upcoming changes expected to deliver around 5 percent APR to stakers while supply stabilizes or declines. This occurs alongside network activity of roughly 7 million daily transactions. Stronger economics could emerge with higher throughput targets like Gigagas.
  • The network processes thousands of payments per second at low cost and has seen rapid growth in payments volume from projects like Credible. Recent integrations emphasize stablecoins and enterprise adoption for real-world money movement. This aligns with broader roadmap items including AggLayer for unified liquidity and scalability upgrades. Activity underscores Polygon's shift toward becoming a leading rail for regulated onchain dollars.

24h change: -0.26%. From $0.0761 to $0.0759.

  • Sandeep Nailwal announced that Polygon burned 107 million POL tokens in 2026. This exceeds tokens newly minted from staking rewards. Burns stem from base fees generated by strong transaction volumes, especially payments. The shift tightens circulating supply and reflects genuine utility growth that you can observe through network metrics.
  • Payment volumes on platforms like Paxos and Rio nearly doubled from May to June 2026. This indicates expanding real-world use for stablecoins and transfers. Strong on-chain metrics have not yet driven POL price appreciation. The trend shows network utility increasing even as token trading remains subdued.
  • Polygon Labs promotes the Open Money Stack for regulated, borderless stablecoin payments and settlement. CEO Marc Boiron discussed its thesis in recent podcasts and updates. POL powers staking, governance, and value accrual in this payments-focused model. It aims to connect on-chain activity directly to benefits for token holders and ecosystem growth.

24h change: +0.18%. From $0.0758 to $0.076.

  • The network has burned 107 million POL tokens in 2026 so far. This exceeds new tokens minted from staking rewards by a small margin, driven by base fees from high payments activity. The development ties token economics more closely to real usage and reduces circulating supply over time. It reflects the success of upgrades that increase fee generation without proportional inflation.
  • The network processed approximately $80 billion in stablecoin volume during May 2026 with 198 million transactions. It topped other blockchains including Solana and BNB Chain that month. Mastercard integration allows settlement of card transactions using regulated stablecoins on Polygon. Cumulative volume now exceeds $2.4 trillion, highlighting real-world payments adoption.
  • Polygon chain now supports 5,000 payments per second at low cost. Credible has surpassed $152 million in total payments volume on the network. Uquid integration enables one-click crypto checkout across more than 178 million products. These steps advance the Open Money Stack vision for enterprise onchain payments and stablecoin use.

24h change: -0.58%. From $0.074 to $0.0736.

  • Polygon processed approximately 80 billion dollars in stablecoin volume during May 2026 and recorded 198 million stablecoin transactions. Cumulative stablecoin volume on the network now exceeds 2.4 trillion dollars. The chain also hit all-time high transaction counts in Q2 with 743 million transactions, up 160 percent year over year. These figures highlight its emergence as a key settlement layer for payments especially in emerging markets.
  • POL hit an all-time low near 0.07 dollars in early July 2026. This marks a decline of more than 94 percent from its all-time high near 1.29 dollars. On-chain activity including stablecoin usage and transaction volumes continues to reach new highs. Analysts point to a divergence between token price performance and growing network utility.
  • Recent network upgrades including Heimdall v0.9.0 and Bor improvements have enabled support for 5000 payments per second. New integrations such as Uquid for one-click crypto checkout and the Chain Development Kit for custom blockchains expand capabilities. Focus on the Open Money Stack and enterprise adoption continues. These technical advances position the network for broader real-world payments use.

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