Polygon (MATIC) Price Today: Live Chart & Market Data
Stay up to date with the latest Polygon price data. MATIC is the native token of the Polygon network, a leading Ethereum Layer 2 scaling solution with a circulating supply of approximately 10 billion tokens. Here is everything you need to know about the current MATIC price and market fundamentals.
MATIC Price Overview
The live Polygon price is updated in real time across all major exchanges. MATIC reached its all-time high of approximately $2.92 in December 2021, driven by Ethereum scaling demand and DeFi adoption. The token's price is influenced by Ethereum network activity, overall crypto market sentiment, Polygon ecosystem updates, and institutional interest. Popular converter pairs include MATIC/USD, MATIC/GBP, MATIC/AUD, and MATIC/EUR.
MATIC has a maximum supply of 10 billion tokens. Its market cap ranks it among the top 30 cryptocurrencies globally. Polygon validators earn MATIC rewards for securing the network and submitting checkpoints to the Ethereum mainnet approximately every 30 minutes. On-chain metrics such as wallet creation rates, transaction volumes, and smart contract interactions are useful indicators for tracking MATIC demand.
Key MATIC Price Milestones
MATIC was first sold at $0.0026 during its Binance Launchpad token sale. The token crossed $0.01 in May 2019, hit $0.05 in February 2021, then surged past $1.00 in May 2021 as Layer 2 demand grew. Its market cap peaked near $20 billion in December 2021. Long-term price performance is closely tied to Ethereum adoption and Polygon's zkEVM development roadmap.
The Polygon market cap reached its peak in December 2021, when the MATIC token had a valuation of almost $20 billion — establishing Polygon as one of the most significant Ethereum scaling projects in existence.
MATIC Price Analysis
Technical analysts monitor MATIC price support and resistance levels, moving averages (20-day, 50-day, 200-day), and relative strength index (RSI) to identify entry and exit points. The 52-week high and low provides context for trend direction. Traders also compare MATIC/ETH performance to assess relative strength within the Ethereum ecosystem.