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Add-on networks · My holdings
POL — Polygon
An add-on network that bundles Ethereum payments and thereby makes them cheaper.
What it is for
- Set out to
- A cheap scaling layer for Ethereum.
- Today in addition
- The switch from MATIC to POL, AggLayer as a cross-chain settlement layer, a focus on payments and tokenized assets.
- Notable
- One token can secure several chains at the same time.
- Strength
- High stablecoin holdings and corporate connections.
- Weakness
- Strong competition from other layer-2 networks.
Contract address
Chain: Ethereum
0x455e53CBB86018Ac2B8092FdCd39d8444aFFC3F6
Unabridged and deliberately not linked: a blockchain explorer that we have not checked would be a statement we cannot support.
Score
50of 100
Market capitalization
$1.17Bas stored
against Bitcoin, 90 days
+16.3%‡not against the dollar
CoinMarketCap
#28321numeric identifier
Where the price stands today between its two endpoints — logarithmic, because orders of magnitude lie in between.
The four cycles
Measured on daily closing prices, never on daily highs or lows. The cycle boundaries are Bitcoin’s own highest and lowest daily closes: January 14, 2015, December 16, 2017, December 15, 2018, November 8, 2021, November 21, 2022, October 6, 2025 and the current low on June 30, 2026. A day counts only if at least ten thousand dollars were traded on it. The price against Bitcoin is given in satoshi — one satoshi is one hundred-millionth of a bitcoin.
| Cycle | Lowest daily close | Highest daily close | Rise low → high | Fall high → low |
|---|
| 2015 to 2017January 14, 2015 to December 16, 2017 | did not yet exist |
| 2018 to 2021December 15, 2018 to November 8, 2021 | did not yet exist |
| 2022 to 2025November 21, 2022 to October 6, 2025 | $0.1670219.01 satApril 8, 2025 | $0.7144715.18 satDecember 6, 2024 | in dollars +$0.1222 (+73.2%)against Bitcoin +18.7%from $0.1670 on April 8, 2025 to $0.2892 on September 2, 2025 | in dollars -$0.5474 (-76.6%)against Bitcoin -69.4%from $0.7144 on December 6, 2024 to $0.1670 on April 8, 2025 |
Only partly measured: reliable trading only from September 4, 2024. What lay before that in the window is not recorded; the figures above are the endpoints of the measured part, not those of the whole cycle. |
| Year by year |
| 2024: in dollars +18.2% (from $0.3818 to $0.4512) · against Bitcoin -26.6% |
| 2025: in dollars -47.1% (from $0.4725 to $0.2498) · against Bitcoin -60.0% |
| since 2026, ongoingJune 30, 2026 to September 17, 2026 | $0.0684116.88 satJune 30, 2026 | $0.1225155.97 satAugust 25, 2026 | in dollars +$0.0541 (+79.1%)against Bitcoin +33.5%from $0.0684 on June 30, 2026 to $0.1225 on August 25, 2026 | in dollars -$0.0323 (-26.4%)against Bitcoin -25.3%from $0.1225 on August 25, 2026 to $0.0902 on September 1, 2026 |
| Year by year |
| 2026: in dollars +43.3% (from $0.0684 to $0.0980) · against Bitcoin +9.8% |
If the high of a window comes before the low, the rise is calculated from the low to the next interim high within the same window.
The four questions that are always answered
Net supply and issuance pressure8 of 20
Starting valuation and size leverage6 of 14
Survivability3 of 12
Relative strength against Bitcoin6 of 6
the score is calculated from all twelve criteria. What the twelve questions measure and what has been corrected about the measurement is on the method page.
The remaining criteria are not recorded individually for this asset; the total comes from the assessment of August 28, 2026.
The figures in detail
Price, as stored$0.1092
against Bitcoin, 7 days+16.2%‡
against Bitcoin, 30 days+21.3%‡
listed on CoinMarketCap sinceOctober 2023
Age since listing2.8 years
Fees relative to valuation2.4%
Supply still locked0.0%
hard supply capno
Carried by Nexocarried
Trading venues of 15 checkednot collected
‡ The percentages come from a snapshot of August 28, 2026 and are not calculated from daily closing prices. Whether and when they will be recalculated together is decided by the model revision on December 8, 2026.
Finding
Gas in POL only, $28 million of fees against $22 million of issuance
Investors and partners: $455.6 million. a16z, Coinbase Ventures, Peak XV (formerly Sequoia India), Tiger Global — awards no points, because projects with large backers did not perform better.
Nexo: Carried by Nexo — purchase page documented on September 1, 2026.
No investment advice, no price forecast, no buy or sell recommendation. A high score does not mean “will rise”. It means the asset scores better on these questions than the others.