• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Key Points of the Migration from MATIC to POL and the Future of Polygon

user avatar

by Giorgi Kostiuk

a year ago

  1. MATIC becomes POL
  2. Understanding the migration
  3. Smooth transition or challenges ahead?
  4. Community reaction and price action
  5. What do experts think?
  6. The road ahead


    7. The migration from MATIC to the new POL token is garnering interest and questions from Polygon network users. This article delves into the key aspects of the transition, potential risks, and expert forecasts.

    MATIC becomes POL

    On September 4, Polygon, the Ethereum scaling solution, officially announced a transition from the MATIC token to a new native token called POL. POL will replace MATIC as the primary gas and staking token on Polygon's main PoS chain and will play a crucial role in the network's 2.0 roadmap.

    Understanding the migration

    The migration from MATIC to POL is a community-driven upgrade aimed at improving Polygon's future. POL will be used not only for paying fees and staking but also for securing the entire network of blockchains. The transition will be smooth, thanks to backward compatibility.

    Smooth transition or challenges ahead?

    For most MATIC holders, the switch to POL will be automatic. However, those holding MATIC on the Ethereum network will need to manually migrate their tokens through the Polygon Portal Interface. Users with hardware wallets or those on centralized exchanges should stay updated for specific instructions.

    Community reaction and price action

    Since the migration announcement, the price of POL has seen a decline. As of September 12, POL is trading at around $0.38, reflecting a 10.7% drop over the past month.

    What do experts think?

    We reached out to several industry experts for their assessment of the impact. Daria Morgen, Tim Zinin, and Vadym Grusha shared their views, highlighting the long-term benefits of POL and potential risks associated with the new token emission model.

    The road ahead

    The migration from MATIC to POL marks a new phase for Polygon, especially as competition in the layer 2 space intensifies. It's important to stay informed about upcoming updates and exercise caution when investing.

    The transition from MATIC to POL represents a significant shift for the Polygon network. Regardless of the current price dynamics, token holders and community members must stay informed to make well-grounded decisions.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Pakistan Explores Tokenization of Real-World Assets

chest

Pakistan is investigating the tokenization of its stock market infrastructure to attract foreign capital and enhance liquidity.

user avatarLuis Flores

Pakistan's Regulatory Reforms Position It as a Crypto Contender

chest

Pakistan is making significant strides in the digital asset space, with regulatory reforms and the establishment of a Virtual Asset Regulator.

user avatarAndrew Smith

Pakistan Integrates Crypto into Economic Planning

chest

The government of Pakistan is integrating cryptocurrency into its economic planning by utilizing surplus electricity for Bitcoin mining and AI data centers to attract foreign investment.

user avatarMiguel Rodriguez

Pakistan's Demographic Advantage in Crypto Adoption

chest

Pakistan has a strong base for blockchain technology adoption with over 60% of its population under 30. In April 2025, Changpeng Zhao was appointed as a strategic adviser to the Pakistan Crypto Council to enhance the country's crypto landscape.

user avatarRajesh Kumar

The Dilemma of Student Entrepreneurs in the AI Boom

chest

Student entrepreneurs face pressure to choose between completing their degrees and seizing opportunities in the AI market.

user avatarDavid Robinson

Investor Psychology and the Dropout Narrative

chest

As the trend of college dropout founders gains momentum in March 2025, venture capitalists are approaching this narrative with nuanced caution, focusing on the substance behind the dropout story.

user avatarMaria Gutierrez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.