Polygon Network Token

24h change: -3.22%. From $0.0707 to $0.0684.

• Polygon handled 198 million stablecoin transactions worth nearly $80 billion in May 2026. This volume ranked the network first by transaction count and marked its second-highest monthly total with lifetime transfers now exceeding $2.4 trillion. Low average fees of $0.002 and two-second settlement times support its position in payments especially in emerging markets. These metrics demonstrate growing real-world utility beyond price movements.
• A June 2026 upgrade increased network capacity to 5000 payments per second matching traditional card network speeds. Costs remain fractions of a cent with block times around 1.75 seconds and near-instant finality. This supports the Open Money Stack and integrations such as Uquid for one-click crypto checkout across more than 178 million products. The changes position Polygon for broader enterprise and consumer payments adoption.
• POL has traded in a downtrend during 2026 with price near $0.0705 and market capitalization around $755 million despite network usage growth. Competition from other layer-2 solutions, TVL outflows in parts of the ecosystem, and variable trading liquidity have weighed on performance. Stablecoin activity and payment integrations remain strong. Analysts continue to monitor active addresses, developer activity and token burns for signs of demand recovery.

24h change: -0.69%. From $0.0711 to $0.0706.

• On June 18 2026 Polygon raised its block gas limit to 160 million enabling the network to process 5,000 transactions per second with 1.5-second block times. This upgrade supports stablecoin payments remittances and enterprise use cases with predictable low fees. It forms part of the Gigagas roadmap aiming for significantly higher throughput later in 2026 and beyond. The development positions Polygon to handle Visa-level payment volumes onchain.
• Mastercard integrated Polygon for regulated stablecoin card settlements expanding to nights weekends and holidays in June 2026. The partnership increases network activity and contributes to POL burns through gas fees. It brings traditional finance settlement onchain and supports Polygon's payments focus alongside other chains. This marks a notable enterprise adoption step for the ecosystem.
• Increased activity from payments dapps like Polymarket and Mastercard settlements drives POL burns exceeding new supply. Official communications confirm the token has been net deflationary so far this year with no new tokens entering circulation in some periods. Community discussions note real usage and burns as key fundamentals despite price pressure. This contrasts with earlier inflation concerns following the MATIC to POL migration.

24h change: +0.03%. From $0.0765 to $0.0766.

• Polygon announced its chain now supports 5000 payments per second. This matches the speed of traditional card networks at a fraction of the cost. The development is part of focused work on payments infrastructure and preparations for major events. It positions the network for broader adoption in global commerce and stablecoin transfers.
• Shift4, one of the world's largest independent payment processors, now uses Polygon for stablecoin settlement. This allows hundreds of thousands of merchants to receive funds faster and move money 24/7. Uquid has integrated the Open Money Stack for crypto checkouts, and Visa partners can settle stablecoins on the network. These steps reflect Polygon's shift toward real-world payment rails.
• Polygon has recorded all-time highs in stablecoin supply, reaching over $3.6 billion, along with millions of weekly active users and hundreds of millions in transactions. Payment and institutional volumes are driving growth in USDC and other stablecoins. Network revenue has also increased significantly from these activities. This demonstrates expanding utility in payments despite token market conditions.

24h change: -4.01%. From $0.0798 to $0.0766.

• Upbit announced it will suspend POL and GMT deposits and withdrawals starting around June 25 in preparation for an upcoming Polygon network hard fork. Polygon Labs is also retiring the zkEVM mainnet beta sequencer on July 1, with users required to bridge assets to Ethereum beforehand to avoid automatic migration. These steps reflect ongoing technical maintenance and upgrades to improve protocol performance and transition infrastructure.
• The Polygon network recorded up to 8 million daily transactions, its highest level in the month, coinciding with whale accumulation and price movement. It processed around $309 million in stablecoin volume in Latin America in May, exceeding other chains in the region according to co-founder Sandeep Nailwal. These metrics point to increased real-world usage in payments and cross-border transfers.
• POL continues to trade near cycle lows around $0.08 amid broader Layer-2 competition and tokenomics questions following the MATIC migration. However, the network maintains infrastructure strength in gaming, enterprise applications, AggLayer interoperability, and stablecoin payments. Analysts note ongoing development in zk technology and partnerships even as market sentiment reflects caution.

24h change: +0.79%. From $0.0793 to $0.0799.

• Polygon Labs will shut down the sequencer for its zkEVM mainnet beta on July 1, 2026. Users holding assets there must bridge them to Ethereum before the deadline or face automatic migration to Ethereum L1. The move ends the beta phase and lets the team redirect focus toward PoS chain upgrades, payments infrastructure, and other scaling efforts.
• The Polygon Chain now supports 5000 payments per second, matching the speed of traditional card networks at a fraction of the cost. This milestone aligns with the Open Money Stack push for stablecoin integration, recurring payments, and non-custodial experiences. Official updates highlight strong real-world adoption, including leading stablecoin transfer volume in Latin America during May.
• Major exchanges including Upbit and Bithumb are temporarily halting POL deposits and withdrawals in preparation for an upcoming Polygon network hard fork. The pauses, starting around June 25, are standard security measures during upgrades. This occurs alongside the zkEVM changes and the broader shift toward payments and stablecoin infrastructure.