Polygon (MATIC) News: Updates on POL Migration, Price Predictions & Ecosystem Developments
Stay informed with the Polygon latest news, covering important insights shaping the Polygon price, prediction, and cryptocurrency industry. Read MATIC 24-hour news listed from different quality sources to get a comprehensive overview of what's happening in the Polygon ecosystem.
MATIC to POL: The Native Token Transition
The development team behind layer-2 scaling solution Polygon (MATIC) says they will be officially renaming the ecosystem’s native asset to POL after the network goes through a major upgrade. The POL migration will phase out MATIC as Polygon's native token. In lieu of MATIC, POL will become the native gas and staking token for Polygon's main proof-of-stake chain.
Starting August 26, Coinbase will transition the Polygon ticker from MATIC to POL on the Polygon Network. This is a significant step in the evolution of the Polygon network.
Polygon (POL) Price Analysis and Predictions
Despite a complete revamp to a hyper-productive token model, Polygon (MATIC) price remains stagnant below $1 since April. What’s lacking for POL’s rebound? According to crypto.news, Polygon’s native token, POL (formerly MATIC), surged nearly 20% to an intraday high of $0.26.
MATIC has surged 12% in 24 hours and 27% over the past 30 days, demonstrating recent positive price movement. Track the latest Polygon crypto news today with 24-hour trading volume, predictions, and updates on MATIC cryptocurrency and blockchain at Cointelegraph.
Polygon Ecosystem Updates & Web3 News
Get the latest ideas, announcements, partnerships, and Web3 news emerging from the Polygon ecosystem. Polygon has launched a new incubation/launchpad to foster innovation and development within its network.
Recent Challenges: Mihailo Bjelic's Exit & Potential Price Drops
Polygon MATIC falls after Mihailo Bjelic exits. Will $POL price crash to $0.19? Here's why it's dropping and what's next in 2025 for the coin. Stay updated on potential market fluctuations and factors influencing the price of POL.
Polygon's Mission: Addressing Ethereum's Challenges
Latest news on Polygon (MATIC), an Ethereum token that powers the Polygon Network, a scaling solution for Ethereum. Polygon aims to address the Ethereum network's issues, such as high gas fees and slow transaction speeds, through its layer-2 scaling solutions. Keep abreast of Polygon's ongoing efforts to improve scalability and efficiency within the Ethereum ecosystem.