Market Update: Polygon (MATIC) Records Over 3% Price Surge Within 24 Hours

Market Update: Polygon (MATIC) Records Over 3% Price Surge Within 24 Hours

Polygon (MATIC) Price Overview

The price of Polygon (MATIC) has shown a notable increase of 3.07% in the last 24 hours, reaching $0.87.

Over the past week, Polygon (MATIC) has witnessed a significant uptick of over 12.0%, rising from $0.78 to its current price.

All-Time High and Price Comparison

The current all-time high for Polygon (MATIC) stands at $2.92.

The chart below provides a comparison of the price movement and volatility for Polygon over the past 24 hours (left) and the past week (right).

Volatility Measurement with Bollinger Bands

The gray bands in the chart represent Bollinger Bands, measuring volatility for both daily and weekly price movements.

The wider the bands or the larger the gray area at any given moment, the greater the volatility.

Trading Volume and Circulating Supply Changes

Over the past week, the trading volume for Polygon (MATIC) has increased by 69.0%, indicating heightened market activity.

Simultaneously, the overall circulating supply of the coin has decreased by 0.3%, resulting in the current circulating supply estimated at 92.83% of its maximum supply of 10.00 billion.

Market Cap and Ranking

Polygon (MATIC) currently holds the #15 position in market cap with a valuation of $8.11 billion.

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