Indian Cryptocurrency Names and Prices (2026)
Which cryptocurrencies were built by Indian founders? Polygon, XDC Network and others, with live prices in rupees, plus the truth about an official Indian coin.
India does not have an official national cryptocurrency, but Indian founders have built some of the best-known blockchain projects in the world. This guide lists the main cryptocurrencies with Indian roots, their names and tickers, live prices where we track them, and what each project does. It also clears up a common confusion: the RBI's Digital Rupee is not a cryptocurrency.
Key takeaways
- There is no official "Indian cryptocurrency". The RBI's e-rupee (e₹) is a central bank digital currency, not a crypto.
- Polygon (POL), co-founded by Indian engineers, is the best-known Indian-founded crypto project.
- XDC Network (XDC), founded by Indian entrepreneurs, focuses on trade finance.
- Indian roots do not make a coin safer or better. Judge each project on use, supply and liquidity.
Indian-founded cryptocurrencies with live prices
| # | Name | Price | Price (INR) | 24h % | |
|---|---|---|---|---|---|
| 73 |
POL POL (ex-MATIC)POL
|
$0.1151 | ₹11.05 | 4.52% | |
| 97 |
XDC XDC NetworkXDC
|
$0.0341 | ₹3.27 | 7.67% |
Prices update live on this page and are converted to rupees from the global US dollar price.
Polygon (POL, formerly MATIC)
Polygon began in 2017 as Matic Network, founded by Indian engineers Jaynti Kanani, Sandeep Nailwal and Anurag Arjun, together with Mihailo Bjelic. It rebranded as Polygon in 2021 and became one of the most widely used networks for scaling Ethereum, with lower fees and faster transactions. In 2024 its token migrated from MATIC to POL, which is why older articles and apps still mention MATIC. Polygon is often cited as India's biggest success story in crypto. Live price: ₹11.05.
What to know: Polygon competes with many other Ethereum scaling networks, and its token price has fallen a long way from its 2021 peak despite continued use. See the POL coin page for charts and data.
XDC Network (XDC)
XDC Network grew out of XinFin, founded in 2017 by Indian entrepreneurs Atul Khekade and Ritesh Kakkad. It is a blockchain aimed at trade finance and the tokenisation of real-world assets such as invoices and trade documents, areas where banks and businesses want fast, cheap settlement. Live price: ₹3.27.
What to know: enterprise adoption of blockchain has been slower than many projects hoped, and XDC's price reflects market sentiment as much as business use. See the XDC coin page.
Other projects with Indian founders
- WazirX (WRX): the exchange token of WazirX, the Indian exchange founded in 2018. WazirX was hacked for about $235 million in 2024 and restructured in Singapore; read our WazirX review before buying anything linked to it.
- Shardeum (SHM): a newer blockchain project co-founded by Nischal Shetty, who also founded WazirX. Newer tokens tend to be far more volatile and have large token unlocks.
- Biconomy (BICO): infrastructure that makes blockchain apps easier to use, whose co-founders include Indian entrepreneurs.
These tokens are outside the coins we track live, so check their prices on the exchange where they are listed, and confirm that exchange is registered with FIU-IND.
Is there an official Indian cryptocurrency?
No. The Government of India and the RBI have not issued any cryptocurrency. What the RBI has issued is the Digital Rupee (e₹), a digital form of the rupee launched in pilots from late 2022. It is legal tender, always worth exactly one rupee, and is issued and backed by the RBI. That makes it the opposite of a cryptocurrency, whose price floats freely. Read our full guide: Indian cryptocurrency by RBI? The Digital Rupee explained.
Be wary of any token marketed as "India's official coin", "the RBI coin" or "Bharat coin". These names are often used by scams that exploit national pride. The RBI does not sell coins through apps, Telegram groups or referral schemes.
Should you buy a coin because it is Indian?
National origin is a reason to be curious, not a reason to invest. Ask the same questions you would of any coin:
- Is the network actually used, and is usage growing?
- What is the market cap, and how much new supply is still to be released?
- Is it listed on FIU-registered Indian exchanges with good liquidity?
- Who holds the supply, and do insiders have large unlocks coming?
Many Indian-founded teams have also moved their companies abroad because of India's tax and regulatory uncertainty, so "Indian" projects are often legally based in other countries.
How to buy these coins in India
Polygon (POL) is widely listed on Indian exchanges; smaller tokens may only be on some platforms. Use an FIU-registered exchange with UPI deposits (see top 5 cryptocurrency apps in India), start small and keep records. Profits are taxed at 30% plus cess and 1% TDS applies on sales. Use the crypto tax calculator to estimate your tax.
For every coin in rupees, see crypto prices in India, or the top 10 cryptocurrency in India with price.
Frequently asked questions
What is the name of the Indian cryptocurrency?
India has no official cryptocurrency. The best-known crypto founded by Indians is Polygon (POL, formerly MATIC). The RBI's Digital Rupee (e₹) is a central bank digital currency, not a cryptocurrency.
What is the price of Polygon in India?
The live table on this page shows Polygon's current price in rupees, updated every few seconds.
Is Polygon an Indian cryptocurrency?
Polygon was co-founded by Indian engineers Jaynti Kanani, Sandeep Nailwal and Anurag Arjun, with Mihailo Bjelic. It operates globally and is not issued or backed by the Indian government.
Is there an RBI cryptocurrency?
No. The RBI issues the Digital Rupee (e₹), which is legal tender worth exactly one rupee. It is not a cryptocurrency and is not traded on crypto exchanges.
This article is AI-assisted, educational and general in nature. It is not financial advice and never a guarantee of profit. Every trade is at your own risk on your own exchange. See our risk disclosure and editorial policy.
