Our price chart shows Polygon (POL) in real time. There you can follow the movements in SEK and see when it might be advantageous to sell or buy POL depending on market conditions.
The value of POL (formerly MATIC) is shaped by a range of factors. Unlike many memecoins, its progress is closely tied to Polygon’s technological advancements, the use of its solutions, and the overall interest in Ethereum-based projects. Market sentiment, investor activity, and broader trends within the crypto sector also play a role. For those considering selling POL, it may therefore be wise to first analyze these drivers and how they may affect the price going forward.
Key drivers behind POL’s price development:
Advances in Polygon’s technology (zkEVM, PoS, etc.)
Adoption within DeFi, NFTs, and gaming
Global economic events and regulations
Price movements in major cryptocurrencies such as Ethereum and Bitcoin
Supply and demand on trading platforms
Polygon transitioned from MATIC to POL – a clear step in the project’s ambition to become a long-term Ethereum scaling solution. With a broad ecosystem and millions of users, it is one of the most influential Layer 2 solutions on the market.