The live price of POL (formerly MATIC) is currently $0.18, with a 24-hour trading volume of $62.92 million. Updated in real time, this data reflects the latest market movements and investor sentiment. Over the past hour, POL has dipped by -0.93%, and over the last 24 hours, it has declined by -2.09%. The cryptocurrency maintains a live market capitalization of $1.87 billion, calculated by multiplying the current circulating supply by the market price.
With a circulating supply of 9.00 billion POL tokens and a maximum supply capped at 10.46 billion, POL remains one of the more widely distributed Layer-2 scaling solutions in the crypto ecosystem. As Ethereum continues to face congestion and high gas fees, scalable alternatives like POL are becoming increasingly vital to the broader blockchain infrastructure.
👉 Discover how top traders analyze POL's price trends and manage risk in volatile markets.
What Is POL (ex-MATIC)?
POL, formerly known as MATIC, is the rebranded token of Polygon, a leading Ethereum scaling platform designed to enhance transaction speed and reduce costs. Launched as the Matic Network, the project rebranded to Polygon in February 2021 to reflect its expanded vision: building a multi-chain system for Ethereum-compatible blockchains.
At its core, Polygon provides a modular and flexible framework—known as the Polygon SDK—that enables developers to create customized blockchain networks. These include Layer-2 solutions such as Plasma, Optimistic Rollups, zkRollups, and Validium chains, as well as independent sidechains like the flagship Matic Proof-of-Stake (PoS) chain.
Despite the rebranding, Polygon continues to support its original Matic PoS sidechain and Plasma-based payment infrastructure, both of which remain active and host over 90 decentralized applications (dApps). This dual focus on innovation and continuity has helped solidify Polygon’s position as a key player in Ethereum’s scaling landscape.
Core Features of the Polygon Ecosystem
- Modular Architecture: Developers can choose from various scalability solutions based on their specific needs—whether prioritizing security, speed, or cost-efficiency.
- Interoperability: Seamless communication between Ethereum and Polygon’s chains allows assets and data to move freely across networks.
- Developer-Friendly Tools: With comprehensive documentation, SDKs, and testing environments, Polygon lowers the barrier to entry for new projects.
- Ecosystem Growth: Backed by strategic partnerships with major players like Disney, Reddit, and Stripe, Polygon continues to attract enterprise-grade adoption.
Market Metrics: Understanding POL’s Performance
Market Capitalization
The current market cap of POL stands at $1.87 billion, placing it among the top-tier cryptocurrencies by valuation. Market capitalization is a critical metric that reflects investor confidence and overall market perception. A higher market cap typically indicates greater stability and long-term viability.
While some sources may report slightly different figures—such as $1.61 billion—this variation often stems from delayed data aggregation or differing calculation methodologies. Real-time tracking platforms provide the most accurate snapshot of POL’s true market value.
Trading Volume and Liquidity
In the past 24 hours, approximately 351.12 million POL tokens changed hands, representing a trading volume of $62.92 million. This level of activity signals healthy liquidity, which is essential for both retail and institutional investors. High liquidity reduces slippage during trades and supports price stability even during periods of volatility.
The recent decline of -2.09% suggests short-term bearish pressure, possibly influenced by broader market trends or profit-taking after minor rallies. However, such fluctuations are common in crypto markets and do not necessarily indicate long-term weakness.
Supply Distribution
- Circulating Supply: 9.00 billion POL
- Maximum Supply: 10.46 billion POL
This means about 86% of the total token supply is already in circulation. The gradual release of remaining tokens is likely tied to network incentives, staking rewards, and ecosystem development funds. A controlled emission schedule helps prevent inflationary pressures and supports sustainable growth.
Why Polygon Matters in Today’s Blockchain Landscape
As Ethereum evolves toward full proof-of-stake and sharding implementation, Layer-2 solutions remain crucial for handling real-world demand. High gas fees and slow confirmation times have historically limited Ethereum’s usability for everyday transactions and micro-payments.
Polygon addresses these challenges by offering:
- Faster transaction finality (often under 2 seconds)
- Significantly lower fees (fractions of a cent per transaction)
- Full EVM (Ethereum Virtual Machine) compatibility
These advantages make it ideal for decentralized finance (DeFi), non-fungible tokens (NFTs), gaming, and enterprise applications requiring scalable infrastructure.
👉 See how developers are leveraging POL-powered networks to build next-gen dApps.
Frequently Asked Questions (FAQ)
What is the difference between MATIC and POL?
POL is the new token symbol for what was previously known as MATIC. The rebranding aligns with Polygon’s evolution from a single sidechain solution into a multi-chain ecosystem. While the name has changed, existing MATIC holders automatically received an equivalent amount of POL tokens through a 1:1 conversion.
Is POL a good investment?
Investment potential depends on individual goals and risk tolerance. POL powers one of the most adopted Ethereum scaling solutions, with strong fundamentals including active development, growing dApp adoption, and strategic partnerships. However, like all cryptocurrencies, it is subject to market volatility and regulatory risks.
Where can I buy POL?
POL is available on major cryptocurrency exchanges worldwide. Users can trade fiat or other digital assets for POL through secure trading platforms that support its listing.
How does Polygon achieve scalability?
Polygon uses a combination of Layer-2 technologies—including rollups and sidechains—to process transactions off the main Ethereum chain while still leveraging its security. These transactions are then batched and anchored back to Ethereum, ensuring decentralization without sacrificing performance.
Can I stake POL tokens?
Yes, users can stake POL to participate in network validation, earn rewards, and help secure the ecosystem. Staking supports decentralization and gives holders a voice in governance decisions.
What are Polygon’s main competitors?
Key competitors include Arbitrum, Optimism, zkSync, and Avalanche. Each offers unique approaches to scalability, but Polygon differentiates itself through flexibility, interoperability, and rapid developer adoption.
👉 Learn how staking POL can generate passive income while supporting network security.
Final Thoughts: The Road Ahead for POL
As blockchain technology matures, scalability will remain one of the most pressing challenges—and opportunities—for innovators. Polygon’s transition from MATIC to POL reflects not just a name change, but a strategic expansion into a full-fledged “Internet of Blockchains” vision.
With ongoing upgrades like Polygon zkEVM and AggLayer aiming to unify multiple chains under a single security layer, the ecosystem is positioning itself for long-term relevance in a multi-chain future.
For investors, developers, and users alike, POL represents more than just a tradable asset—it’s a gateway to accessible, efficient, and scalable decentralized applications.
Whether you're tracking price movements or exploring development opportunities, staying informed about POL’s progress ensures you’re prepared for what’s next in the world of Web3.
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