Polygon: history, founders and key events
From May 30, 2020 (as Matic) to today, every major rally, crash and upgrade, each with a dated, sourced price.
Open the interactive timelineLatest close in our data: $0.09828 (Coinbase Exchange POL/USD daily close, 2026-10-14).
Origin story
Polygon started in 2017 as Matic Network in India, founded by Jaynti Kanani, Sandeep Nailwal and Anurag Arjun, later joined by Mihailo Bjelic. Its proof of stake chain offers cheap, Ethereum compatible transactions.
Matic rebranded as Polygon in February 2021, and in September 2024 the MATIC token began migrating to POL.
Founders: Jaynti Kanani, Sandeep Nailwal, Anurag Arjun and Mihailo Bjelic.
Source: Coinbase Exchange POL/USD daily closes 2024-09-04 to 2026-10-14. Fetched Oct 14, 2026 from free public APIs. Click a dot for the event and its price on that day.
Browse by year
Key events
- May 30, 2020launch
Matic mainnet
Matic Network's PoS chain goes live. - Feb 9, 2021milestone
Matic becomes Polygon
The project rebrands to Polygon. - Sep 4, 2024upgrade
MATIC to POL migration $0.3818 (Coinbase Exchange POL/USD daily close, 2024-09-04)
POL replaces MATIC as the network token. - Sep 4, 2024milestone
First daily close in our data $0.3818 (Coinbase Exchange POL/USD daily close, 2024-09-04)
Our sourced POL price history begins on this day. - Dec 6, 2024rally
Highest close in our data $0.7144 (Coinbase Exchange POL/USD daily close, 2024-12-06)
The highest daily close for POL in our price history. - Jun 30, 2026crash
Lowest close after the peak $0.0684 (Coinbase Exchange POL/USD daily close, 2026-06-30)
The lowest POL close in our data after its highest close.
Updated
Sources
Facts written in our own words. Last checked Oct 14, 2026.