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Polygon price

£0.17

MATIC icon

Polygon price

1H
24H
1W
1M
1Y
5Y
Market statsLast updated 24 April at 07:12
£288.65M
2B
£2.02M
-
£2.15
£0.0094

Past Performance is not a reliable indicator of future results. Learn more about asset risks.
Pricing data is provided by Kraken.
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About Polygon (MATIC)

Polygon is a multi-chain scaling solution for the Ethereum blockchain. Polygon is a Layer 2 scaling solution for Ethereum that aims to improve the speed and reduce the cost and complexities of transactions on its network. Polygon uses sidechains to help with off-chain computation while maintaining security and uses a decentralized network of Proof-of-Stake (PoS) validators. MATIC is the utility token of the Polygon network and is used for securing the chain through staking, participating in network governance and as a unit of payment for transaction fees on the network.

Polygon (MATIC) Price Today

Polygon price today is £0.17.

1,054,038 MATIC was purchased today on Kraken worth £176,081. Check out the MATIC chart above for more real time price data. Want to get updates on the latest crypto prices on-the-go? Sign up today to receive MATIC price alerts. Kraken lets you buy and sell 409 cryptocurrencies, including MATIC. There are some geographic restrictions which may affect the assets that are available in your verified country of residence. View all crypto prices.

Polygon (MATIC) Price History

Polygon price is -72.40% over the last year. The highest price of MATIC in the last year was £0.59 and the lowest price of Polygon in the last year was £0.13.

24h
+0.46%
7d
+22.59%
1m
-1.40%
1y
-72.40%

Categories

Kraken classes Polygon to be within the following categories: Smart Contract Platform, Polygon Ecosystem, Ethereum Ecosystem, Layer 2, Zero knowledge, Proof of Stake.

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Polygon FAQ

Can I trade Polygon at a lower price?

Yes, you can choose what price you pay for Polygon using Custom Orders on Kraken. If the price of Polygon reaches to your desired price, the order will execute automatically.

Is now a good time to buy Polygon?

Timing the market can be tough, but dollar cost averaging can help. By setting up recurring buys, you can constantly accumulate Polygon over time and not worry about whether or not now is the best time to buy.

What is the daily trading volume of Polygon?

1,054,038 MATIC worth £176,081 was traded on Kraken in the last 24 hours.

What affects the Polygon price?

A variety of factors affect the price of Polygon including market sentiment, technical developments, user adoption and macro economic events.

How do I read the Polygon price chart?

To read the Polygon price chart, it can be useful to start by understanding the X-axis (which represents time) and the Y-axis (which represents the price). A line chart connects a crypto asset's closing prices with straight lines to clearly display its performance over time.

How can I analyze prices with the Polygon chart?

Analyzing price movement using the MATIC chart can involve identifying areas of support and resistance, or using technical analysis which is the study of past price movements to forecast future trends. However, it's important to remember that no method can predict prices with 100% accuracy due to the market's volatility.

Polygon Dollar Cost Averaging Calculator

See how much value you'd have today if you had dollar-cost averaged into different cryptocurrencies.

Crypto Asset General Risks

  • Investing in crypto assets is risky and each token can have its own set of risks. Below is a list of risks that generally apply to all crypto assets:
  • Volatility: The performance of crypto assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto assets.
  • Lack of protections: Crypto asset investments are unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will assist or protect you in the event something goes wrong with your crypto asset investments.
  • Liquidity: Some crypto asset markets may suffer for low liquidity which could prevent you buying or selling your crypto assets at the price you want or expect.
  • Complexity: Specific crypto assets may carry with them specific complex risks that are hard to understand. Do your own research and if something sounds too good to be true, it probably is.

Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well.


If you want to learn more about specific risks related to Polygon, please visit our crypto asset statements page.

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Polygon markets

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