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What Is The Price Of Polygon?
Price Chart
Current Price
$0.51
Price Change (24h)>-$0.01 (-1.65%)
24h Low - 24h High$0.51 - $0.52
24h Volume$49.85M (97,405,667.00)
Market Cap$5.22B
Volume / Market Cap0.00068
Market Cap Dominance0.41%
Circulation Supply9.30B
Total Supply10.00B
Max SupplyN/A
Hash RateN/A
All-Time High$2.93 (-82.22%)
1-Year Price Return-35.72%
6-Month Price Return-52.29%
3-Month Price Return-31.58%
1-Month Price Return-3.52%
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Polygon News & Analysis
Stock Analysis & IdeasWhy Coinbase Stock (NASDAQ:COIN) Can Surge in 2024
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Read the latest Polygon news and analysis from the TipRanks news team.
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Polygon FAQ
What is the price of one Polygon?
The live price of Polygon (MATIC-USD) is $0.51.
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 0.41%.
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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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Crypto News
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Correlations to Polygon
ProShares Bitcoin Strategy ETF
0.05
Invesco QQQ Trust
-0.28
SPDR Gold Shares
-0.74
SPDR S&P 500 ETF Trust
-0.57
Coinbase Global, Inc.
-0.62
Silvergate Capital Corp.
-0.29
Marathon Digital Holdings, Inc.
-0.26
Overstock.Com
0.10
Microstrategy
-0.24
Riot Platforms, Inc.
-0.56
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.
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
Bitcoin
554.59B
Ethereum
189.19B
Ripple
49.03B
Binance Coin
33.48B
Solana
13.28B
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Major Stock Indexes
S&P 500
Dow Jones Industrial Average
Nasdaq 100
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