TipRanksCryptocurrencyWhat Is The Price Of Polygon?

What Is The Price Of Polygon?

Price Chart

Current Price
$0.81
Price Change (24h)$0.03 (3.53%)
24h Low - 24h High$0.78 - $0.82
24h Volume$319.54M (394,483,453.00)
Market Cap$8.05B
Volume / Market Cap0.00247
Market Cap Dominance0.50%
Circulation Supply9.32B
Total Supply10.00B
Max SupplyN/A
Hash RateN/A
All-Time High$2.93 (-72.51%)
1-Year Price Return-10.87%
6-Month Price Return-10.47%
3-Month Price Return48.07%
1-Month Price Return22.56%

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Polygon FAQ

What is the price of one Polygon?
The live price of Polygon (MATIC-USD) is $0.81.
What’s Polygon All-Time High?
Polygon's (MATIC-USD) all-time high is $2.93.
What is the total supply of Polygon?
The total supply of Polygon (MATIC-USD) is 10.00B coins.
What is Polygon dominance?
Polygon (MATIC-USD) dominance is at 0.50%.

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What is Polygon?

Polygon

The Polygon network is a decentralized Ethereum scaling platform and enables scalability and infrastructure development for DApps. The Matic network is an implementation of the Plasma framework for ETH and in the bigger picture, aims to provide off/side chain solutions for blockchains in general. Matic uses Proof-of-Stake (PoS) at checkpointing and block producers at the block producer layer. This helps achieve faster blocktimes as well as a high degree of decentralization. With the help of Polygon, any project can have a dedicated and optimized instance of Ethereum combining sovereignty, scalability and flexibility with Ethereum’s interoperability and developer experience. The total MATIC supply is capped at 10 billion coins and more than 37,000 DApps have utilized Polygon already.

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Correlations to Polygon

Asset
Correlation
BITO < ETF >
ProShares Bitcoin Strategy ETF
-0.14
QQQ < ETF >
Invesco QQQ Trust
-0.97
GLD < ETF >
SPDR Gold Shares
-0.92
SPY < ETF >
SPDR S&P 500 ETF Trust
0.68
Coinbase Global, Inc.
-0.95
Silvergate Capital Corp.
0.99
Marathon Digital Holdings, Inc.
-0.93
Beyond, Inc.
-0.82
Microstrategy
0.96
Riot Platforms, Inc.
-0.89
Correlation shows how closely two variables move in relation to one another. In investing, this relationship is expressed numerically and ranges between -1.0 and 1.0.

A correlation of 1 is a perfect positive correlation. In this case, as one security moves, the other security moves in the same direction by the same percentage.

A correlation of -1 is a perfect negative correlation. As one security moves, the other moves in the opposite direction.

A zero correlation implies no relationship between the two securities.

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Leading Cryptocurrencies

Name
Price & Change
Market Cap
Bitcoin
758.65B
Ethereum
252.85B
Ripple
61.57B
Binance Coin
36.22B
Solana
34.97B

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Major Stock Indexes

Index
Price & Change
S&P 500
Dow Jones Industrial Average
Nasdaq 100

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