Polygon is one of a few notable scalability solutions running alongside the Ethereum blockchain. Its creation came as a result of the challenges facing the Ethereum blockchain like scalability and speed. This layer-2 blockchain is working specifically to tackle those challenges.
When it comes to a Polygon price prediction, experts aren’t exactly certain about what the future holds for this layer-2 solution. We will take a closer look at what Polygon has to offer and what it means for the potential of the POL (formerly MATIC) token. Read on to find out more.
What is Polygon (POL – prev. MATIC)?
Polygon is a layer-2 blockchain scaling solution. It has emerged in a relatively short period of time, providing lower costs and faster transactions for users. Essentially, it is a faster parallel blockchain that runs alongside Ethereum’s primary blockchain.
In order to use the Polygon network, you can essentially “bridge” some of your other cryptocurrencies over to Polygon. From there, it is possible to interact with a number of crypto-based apps that were at one time exclusive to Ethereum’s main blockchain.
POL, meanwhile, is the native token of the Polygon network. Formerly known as MATIC, these tokens are used for governance, staking, and paying for fees within the Polygon network. Certain cryptocurrency exchanges also offer the ability to buy and sell POL. The name MATIC comes from the former project name – the Matic Network – which has since been rebranded.
Who are the Founders of Polygon (POL – prev. MATIC)?
Unlike many other crypto tokens, which are founded by one or two people, Polygon was the creation of a quartet of founders. The group includes Mihailo Bjelic, Anurag Arjun, Jaynti Kanani, and Sandeep Nailwal.
Mihailo Bjelic. Bjelic has been around since the very early developmental stages of Polygon. Though he does not have an official title, he is one of Polygon’s co-founders and remains a key figure in operations today.
Anurag Arjun. As the Chief Product Officer (CPO), Arjun’s main focus for the platform is in product management and community outreach.
Sandeep Nailwal. Nailwal is currently the Chief Operating Officer (COO) of the company, bringing prior expertise in entrepreneurship and blockchain programming to the company. He also recently became the CEO of Polygon Foundation.
Jaynti Kanani. One of the key figures in the early development of Polygon, Kanani has a background in a number of Ethereum developments, including Plasma, Web3, and WalletConnect.
What Makes Polygon (POL – prev. MATIC) Unique?
When it comes to the investment potential of a blockchain, there are a number of features that play an important role. These are just a few of the most important factors that make Polygon viable.
Security
Even though it operates sidechains, Polygon shows no compromise when it comes to security. Using the underlying security measures that come as part of the Ethereum network, Polygon is able to ensure that all transactions are not only safe, but completely transparent.
Developer Friendly
A blockchain like Polygon thrives when developers are involved. Polygon is able to seamlessly integrate with a variety of Ethereum’s best tools, including Truffle, Hardhat, and MetaMask. In all, this supports the greater development of applications on the network, making the process far simpler for developers.
Scalability
One of the key factors driving Polygon forward is its ability to enhance transaction processing capabilities within the Ethereum network. This is critical when it comes to applications that have high transaction volumes, particularly within the decentralized finance (DeFi) and gaming sectors.
How Many Polygon (POL – prev. MATIC) Coins are There in Circulation?
When a token is created, there is a maximum supply possible. How those tokens are released depends on the project. At its creation, Polygon established 10.44 billion SOL (formerly MATIC) tokens to be distributed.
As of today, the entire maximum supply has been distributed into circulation. Trading at a value of roughly $0.19 per token, Polygon has a market cap and fully diluted valuation of roughly $1.96 billion USD. That number changes with the market price of each POL token.
How is the Polygon Network Secured?
Polygon’s network is secured through a few different features. Let’s take a closer look at each of these features and the role that they play in the overall security of the blockchain.
Encrypted communication. All communication that happens between nodes on the blockchain are encrypted. This makes it more difficult to spoof or hack, adding another layer of security to the equation.
Strong authentication method. The authentication method of Polygon is another strong security measure. Because of it, hacking or spoofing becomes much more difficult. Even in the event of a hack, only a single node can be compromised rather than the entire network.
Advanced consensus algorithms. The Polygon blockchain has an advanced consensus algorithm in order to verify transactions on the blockchain. Because of this, transactions on the blockchain are more reliable and secure. The main algorithms include the EOS consensus, Variable Resonance (VRF), and Practical Byzantine Fault Tolerance (PBFT) in order to verify transactions.
Polygon (POL – prev. MATIC) Ecosystem
Within the blockchain itself is the Polygon ecosystem, home to a variety of things like solution providers, decentralized applications (dApps), enterprises, and more. Think of it as the sandbox where users and enterprises can operate.
Because Polygon is one of the more popular scaling solutions, it is home to a variety of creators and decentralized applications. Each of these solutions has gone toward creating solutions to Ethereum’s scalability issues.
FAQs
What is the Polygon (MATIC) London Hard Fork and EIP-1559 Upgrade?
London Hard Fork is an implementation of the Ethereum Improvement Proposal (EIP) 1559. This is a massive upgrade to the Ethereum network, on which the Polygon blockchain operates. It makes transaction fees more predictable, implements a burning mechanism, and improves the overall customer experience. More importantly, it supports potential upgrades in the future, allowing further scaling and improvements to be implemented.
Is Polygon Network carbon neutral?
A major selling point of Polygon is that it is carbon neutral. According to the blockchain, it is achieved through a partnership with KlimaDAO in order to offset historical carbon emissions. Part of the process includes purchasing and retiring carbon credits, which neutralizes the carbon debt of Polygon. The Proof-of-Stake and its status as a layer-2 blockchain also help when it comes to being environmentally friendly.
What are the potential use cases for Polygon?
One of the key aspects of a cryptocurrency is its use cases. What those tokens can be used for can dictate the successes or failures of that token. But what are the potential use cases for the native token of Polygon?
Crowdfunding and ICO. ICO and crowdfunding are part of the cryptocurrency sector. Polygon’s blockchain can assist with both of those by providing transparency while also improving the tokenization process.
Healthcare. The healthcare sectors could have some potential involvement with the Polygon blockchain. Immutable, secure record storage is the name of the game, after all. The Polygon blockchain can help improve efficiency when it comes to health-related services and apps.
Supply Chain Management. The Polygon blockchain is also capable of assisting in supply chain management. Greater transparency, improved security, and the ability to track shipments would be just part of the process when it comes to supply chain management.
E-Commerce. Polygon’s blockchain shows capabilities when it comes to online retail and e-commerce. The distributed ledger technology has shown capable of reducing transaction costs, which makes it easier for businesses to better manage their supply chains.
How Polygon price change over time
Like much of the cryptocurrency market, Polygon has experienced huge swings in terms of its valuation. As recently as March 2024, POL hit its all-time high of $1.29 per token. Much like other cryptocurrencies, POL had a major fall since then. It is trending upward, but has dropped to around $0.20 per token, marking a more than 85% drop in value.
What is the highest Polygon price ever?
Eyes tend to take notice of a token when high prices are achieved. For Polygon, that high came during the early stages of 2024. On March 13, 2024, POL achieved its best price to date, hitting $1.29 per token. It has since come down more than 85%, though it has shown positive growth over the past two months.
What is the lowest Polygon price ever?
The all-time low price for Polygon’s native POL token came recently. On April 7, 2025, POL achieved its worst price to date, trading at $0.1533 per token. It has since grown more than 22%, showing that there may still be major potential for the token.
Is now a good time to buy Polygon?
When to buy or sell comes down to personal risk tolerance. Some believe that it is a good time to buy POL because it has major partnerships with companies like Nike and Meta. Integrating the POL token into larger platforms could expand the ecosystem and positively impact price. With a low entry point, it all depends on whether you think that Polygon can be competitive and adapt.
What affects the Polygon price?
There are a number of factors that can impact the price of Polygon both now and in the future. Let’s break down each of those factors to better understand the role they play.
Ongoing technological advancements. The Polygon blockchain is always evolving. Innovations and improvements on the network, like the zkEVM and zk-roll ups, enhance its ability as a utility and attract more developers and users to the platform, which could drive prices up.
Competition. The more products and services there are that are similar to Polygon, the more its market share can be impacted. With lower transaction prices, Polygon is hoping to stay ahead of the competitive curve.
Regulatory changes. One of the biggest market factors impacting all of crypto is the changing regulatory environment. Favorable regulations tend to lead to investor confidence, while unfavorable changes can lead to a hindrance of market growth.
Bitcoin’s price. Bitcoin is the king of the cryptocurrency market, so how it goes, so goes the rest of the market. A bullish trend for Bitcoin can mean good things for coins like POL, while a downswing can create challenges for altcoins.
What is the market cap of Polygon (MATIC)?
Determining the market cap of a token is done by taking the total circulating supply of tokens and multiplying it by its current market price. Since all 10.44 billion POL tokens are in circulation, we would take that number and multiply it by its current $0.1876 token price. That gives us a market cap of roughly $1.96 billion USD for POL.
What is the fully diluted valuation of Polygon (MATIC)?
In order to determine the fully diluted valuation of a token, we must take its current market price and multiply that by the total supply. POL has a total supply of 10.44 billion tokens, all of which are currently in the circulating supply. At a market price of $0.1876, that puts the fully diluted valuation of the token at roughly $1.96 billion USD.
How much will Polygon POL/MATIC be worth in the future?
Predicting any crypto price is tough because of changes in the marketplace. That said, most eye the year 2030 when making price predictions, especially for Polygon. Though it currently trades for about $0.21 per token, speculators are bullish about the cryptocurrency market, in general. For that reason, experts believe that POL could begin 2030 trading at anywhere between $1.33 and $1.65 per token and could finish at just north of $2.00 per token.
