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Polygon (prev. MATIC)

Polygon (prev. MATIC) Price POL

CAD
C$0.130971
-C$0.000652 -0.50%
1D7D1M3M1Y YTD All

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Polygon (prev. MATIC) Today's Price

The real-time price of Polygon (prev. MATIC) today is C$0.130971(POL/CAD), with a market capitalization of C$1.39B CAD. The 24-hour trading volume is C$167.48M CAD. The price of POL to CAD updates in real time. Over the past 24 hours, Polygon (prev. MATIC) has changed by -0.50%, with a circulating supply of 10.59B.

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About Polygon (prev. MATIC)

What is Polygon?

The Ethereum blockchain supports a wide variety of economic activities, including NFT markets, gaming and the growing DeFi ecosystem. It is well suited to this activity because it is compatible with smart contracts, which can be used to develop a wide variety of applications.

However, the growing popularity of these applications adds to the number of transactions on the Ethereum blockchain, and as a result, transaction fees (also known as ‘gas’) can sometimes rise to the point where making small or frequent investments becomes uneconomical.

Enter Polygon: a ‘layer 2’ scaling solution (or ‘sidechain’) that has emerged to provide users with faster transactions and lower costs. It acts as a speedy parallel blockchain running alongside the main Ethereum blockchain. You can “bridge” some of your crypto over to Polygon to interact with a wide range of popular crypto apps that were once exclusive to the main Ethereum blockchain.

How does Polygon work?

Polygon uses a proof-of-stake system. Participants must stake, or hold, their POL tokens in order to validate network transactions, and successful validators earn POL as a reward.

As a secondary scaling solution, the Polygon network aims to address the limitations of the Ethereum platform, namely high transaction fees and slow processing speeds. Polygon can:

  • Deploy existing blockchain networks and develop custom blockchains
  • Enable communication between Ethereum and other blockchains
  • Help existing blockchain networks to become compatible with Ethereum

What is the POL token?

POL is the native cryptocurrency of the Polygon network, a Layer 2 scaling solution that speeds up and lowers the cost of Ethereum transactions and decentralised applications (dApps). It acts as the primary token for fees, staking (Proof-of-Stake), governance and securing the network. POL is the upgraded, next-generation version of the former POL token. POL is designed to support a vast ecosystem of interconnected blockchains (zk-rollups) and enhance interoperability. It empowers users to earn rewards for securing data and decentralising transaction sequencing.

How to buy the POL token?

The easiest way to buy POL is through a crypto exchange like BTCC. BTCC makes purchasing POL easy and accessible whether you use fiat currency or crypto. Trusted by over 9.1 million investors across 100 countries, BTCC is dedicated to offering excellent crypto trading service for all trades. If you’re ready to dive in and make your first POL purchase, register with BTCC today.

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Polygon (prev. MATIC) News

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Polygon (prev. MATIC) FAQ

Why is Polygon (prev. MATIC) going up?

Polygon (prev. MATIC)'s price is increasing due to demand outstripping supply, driven by widespread adoption, positive news, and investor optimism. For in-depth analysis, visit our BTCC Academy.

 

Is Polygon (prev. MATIC) a wise investment based on its price history?

Polygon (prev. MATIC)(POL) has historically grown over time but is volatile. Investment decision should be made based on risk tolerance and long-term strategy.

When will Polygon (prev. MATIC) crash again?

Predicting the exact timing of a Polygon (prev. MATIC) crash is impossible, as the market is affected by a complex mix of global economics, regulation, and investor sentiment.

For a long-term investor, understanding this cyclical nature is more valuable than trying to time the next crash. Also visit the BTCC Academy section for technical and marketing information.

What was Polygon (prev. MATIC)’s all-time low (ATL)?

The Polygon (prev. MATIC) All-Time Low (ATL) price was 0.08574794241551104, which was recorded on 2026-02-06 00:20. This stands as the lowest price for Polygon (prev. MATIC)(POL) on record.

 

 

What was Polygon (prev. MATIC)’s all-time high (ATH)?

The Polygon (prev. MATIC) All-Time High (ATH) was C$1.76, which was recorded on 2024-03-13 18:45. This represents the highest price Polygon (prev. MATIC) has ever reached. Please note that this is a historical record, and the live price fluctuates constantly. We recommend monitoring the live POL price for the most up-to-date information.

How many Polygon (prev. MATIC) are there?

Polygon (prev. MATIC)(POL) currently records a circulating supply of 10.59B, with its maximum supply capped at ∞.

 

What is the current market cap of Polygon (prev. MATIC)(POL)?

The current market cap of Polygon (prev. MATIC)(POL) is C$1.39B. A cryptocurrency's market cap refers to its total circulating supply multiplied by its current price.

What is Polygon (prev. MATIC)'s 24h trading volume?

Polygon (prev. MATIC)'s 24h trading volume is C$167.48M, representing the total value of all Polygon (prev. MATIC)(POL) bought and sold across exchanges over the past 24 hours.

What is the current price of Polygon (prev. MATIC)(POL)?

The current Polygon (prev. MATIC) price is C$0.130971. As the POL price fluctuates constantly, BTCC offers real-time POL to USD prices that can be accessed at the top of our crypto price page.

How to Buy Polygon (prev. MATIC): A Useful Guide?

Polygon (prev. MATIC) can be purchased directly on BTCC using fiat currency or other cryptocurrencies. As a leading crypto futures exchange, BTCC offers over 350 futures contracts with flexible leverage of up to 500x, including POLUSDT.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.