The MATIC price history tells the story of one of blockchain's most dramatic growth stories — from a $0.002630 token at launch to a $2.92 all-time high, followed by a multi-year consolidation. Here is a complete timeline of key MATIC price milestones.

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MATIC launched at $0.002630 per token in 2019, raising $5 million. By December 2021 it had appreciated over 100,000%.

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MATIC Price History: 2017–2020

Polygon was founded as Matic Network in 2017 by Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic. The project focused on addressing Ethereum's core scalability problems. In its April 2019 Initial Exchange Offering (IEO) on Binance Launchpad, MATIC launched at $0.002630 per token. By December 2019, trading prices had reached $0.013. Throughout 2020, MATIC traded mostly below $0.02 as it built developer traction quietly.

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The 2021 Bull Run: MATIC's Breakthrough

2021 was MATIC's breakout year. The token surged from under $0.02 in January 2021 to an all-time high of $2.92 in December 2021 — a gain of over 14,500% in a single year. This explosion was driven by Ethereum's congestion problems (which made Polygon's low-cost alternative extremely attractive), massive DeFi growth on Polygon, and the NFT boom that sent gas fees on Ethereum to unsustainable levels.

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2022–2024: Bear Market and Consolidation

Following the 2021 peak, MATIC entered a prolonged bear market alongside the broader crypto market. The collapse of Terra/LUNA in May 2022, the FTX bankruptcy in November 2022, and rising interest rates globally all contributed to sustained selling pressure. MATIC bottomed near $0.30–$0.40 during 2022–2023. Polygon responded by launching the Polygon 2.0 roadmap and initiating the MATIC-to-POL token migration.

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2025–2026: Current Cycle

The 2025–2026 period saw MATIC/POL reach a local high near $0.47 in early 2025 before correcting to current levels around $0.09–$0.10. The lowest recorded POL price was $0.08379, reached on February 5, 2026. The early January 2026 rally of 33% — driven by Polygon's Open Money Stack announcement — showed the token retains strong institutional interest even in subdued market conditions.