Polygon Price
Polygon is a family of technologies whose shared aim is to make using Ethereum cheaper and faster, without giving up the security that Ethereum provides. Rather than trying to replace Ethereum, it acts as a set of surrounding lanes that take on the heavy traf…
Market data via Binance · signals computed live from daily closes · not financial advice.
The Crypto House desk publishes its dated stance on the major assets over on The House View. Read mechanically, the live technicals are bearish: it trades below both its 50- and 200-day averages, and momentum (RSI 23) is washed out into oversold territory. It is a descriptive signal, not an editorial call and not advice.
The network’s reach is real, with heavy use by consumer brands and apps drawn to its low costs. What complicates the token is that scaling Ethereum is a crowded, quick-moving space, so POL depends on its multi-chain roadmap landing as planned rather than being leapfrogged by a rival. It is volatile.
Key market insights
A plain-language read of live indicators computed from daily closes — these describe current price behaviour, not a forecast.
Technical analysis
Moving averages, momentum and support/resistance from daily closing prices — a snapshot of current structure, not a forecast.
Historical performance
52-week high and low with trailing returns across time windows. Computed from up to 365 daily closes.
Automated observations
Generated mechanically from current market data (volatility, trend, distance from highs) — descriptive, not advice.
Strengths · tailwinds
- RSI(14) at 23 is in oversold territory (<30).
Risks · headwinds
- Price is below the 50-day average, which sits below the 200-day — a classic downtrend alignment.
- Trading 75% below its 52-week high — well off recent peaks.
- Max drawdown of -76% over the window — has endured deep peak-to-trough losses.
Supply structure
Polygon has no fixed maximum supply. Circulating supply is a curated estimate used to derive market cap.
Polygon derivatives
Live perpetual-swap metrics. Funding is the periodic payment between longs and shorts; open interest is the total value of outstanding contracts. Informational — not a recommendation to trade leveraged products.
Source: Binance Futures · funding shown per 8h and annualised. Leveraged products carry high risk; informational only.
Convert Polygon to US Dollar
Two-way POL ↔ USD at the live Binance price. Type an amount in either field, or tap a preset.
About Polygon
Polygon is a family of technologies whose shared aim is to make using Ethereum cheaper and faster, without giving up the security that Ethereum provides. Rather than trying to replace Ethereum, it acts as a set of surrounding lanes that take on the heavy traffic and then settle back to the main network. Its native token is POL, which took over from the earlier MATIC token as part of an upgrade to the project’s design.
POL does several jobs at once. It pays the fees charged on Polygon’s networks, it is staked to help keep those networks secure, and it underpins a roadmap in which many connected chains share liquidity and security rather than operating in isolation. Because transactions on Polygon are so inexpensive, the ecosystem has proved popular with major consumer brands and applications that want to put activity on-chain without asking users to pay high fees.
That combination of low cost and Ethereum compatibility is Polygon’s central pitch. For a business experimenting with digital collectibles, loyalty points or payments, it offers a familiar environment where costs stay predictable and small, which lowers the barrier to trying blockchain features at all.
The difficulty is that scaling Ethereum has become one of the most crowded and fast-moving arenas in all of crypto. Polygon is up against a growing number of layer-2 networks and rival designs, every one of them chasing the same developers and users. Its long-term value rests on whether its upgraded, multi-chain vision is adopted as intended rather than overtaken by a competitor.
For anyone researching POL, it helps to separate the network’s genuine, heavy real-world usage from the token’s own investment case, which are related but not the same thing. A busy network does not automatically create demand for the token, and how value finds its way back to POL is part of what makes it worth studying carefully. POL is volatile like all crypto, and none of this is financial advice.
Polygon vs peers
| Coin | Price | 24h | Market Cap |
|---|---|---|---|
| Polygon POL | $0.0732 | +0.77% | $760.97M |
| BNB BNB | $583.08 | -0.35% | $81.63B |
| XRP XRP | $1.07 | -0.95% | $62.13B |
| Solana SOL | $72.85 | -0.86% | $34.60B |
| TRON TRX | $0.3261 | -0.58% | $28.24B |
| Monero XMR | $362.19 | -0.72% | $6.68B |
Polygon FAQ
What is Polygon?
A collection of scaling technologies that let Ethereum transactions clear more cheaply and quickly, while still leaning on Ethereum for security. POL is the native token.
What happened to MATIC?
The project upgraded its token: POL now serves as the native asset of the Polygon ecosystem, stepping into the role that MATIC previously held.
What is POL used for?
It settles the fees on Polygon’s networks, is staked to help keep them secure, and underpins a roadmap of many interconnected chains sharing liquidity.
Why have brands adopted Polygon?
Very low costs and compatibility with Ethereum let companies put activity on-chain without passing steep fees on to their users.
Is Polygon a good investment?
That is not a verdict Crypto House will hand you, because our job is to explain crypto rather than to steer your money. What we will say plainly is that POL swings in price and sits in an unusually crowded scaling market where staying ahead is far from guaranteed. Read widely, understand the downside, and decide what suits your own circumstances.
Where does the Polygon price on this page come from?
Everything that updates here, the latest POL price, its move over the past day and the trading volume, is read live from Binance’s public market feed. The market-cap figure is worked out by taking that price and multiplying it by the circulating supply we track internally.
Last updated Aug 3, 2026