Polygon (POL) Price

From Matic Network to Polygon

The project began in 2017 as Matic Network, founded by Jaynti Kanani, Sandeep Nailwal and Anurag Arjun, with Mihailo Bjelic joining as a co-founder later. It rebranded as Polygon in 2021 as it widened its focus from a single sidechain to a range of scaling technologies.

Its flagship network, Polygon PoS, is an Ethereum-compatible chain with low fees that has been used for payments, games, NFTs and tokenised assets. Developers can deploy the same contracts they would write for Ethereum. The chain periodically records checkpoints of its state on Ethereum, and its staking contracts live on Ethereum mainnet.

Why MATIC became POL

In September 2024 Polygon began upgrading its token from MATIC to POL on a one-to-one basis, and by September 2025 Polygon Labs reported that around 99% of MATIC on its network had been migrated. Major exchanges converted customer balances automatically.

POL is the gas token of Polygon PoS and is staked by validators to secure it. It is also intended to play a role in the AggLayer, Polygon's system for connecting multiple chains so assets and messages can move between them. Unlike MATIC's fixed supply, POL has an annual emission that funds validator rewards and a community treasury, so supply grows over time. The emission rate and its split have been adjusted through Polygon Improvement Proposals.

Analysing POL

Historical charts may show MATIC and POL separately, so it is worth checking which ticker a data source uses before comparing prices across 2024. Demand for POL is linked to activity on Polygon PoS, staking participation and progress on the AggLayer.

The steady emission adds new supply each year, which holders weigh against network growth. Some older integrations and bridged tokens on other chains may still reference MATIC, which can cause confusion when moving funds.

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