Polygon has successfully transitioned its native token from MATIC to POL, marking a significant upgrade in its network's capabilities. This change is part of Polygon's 2.0 roadmap, aimed at enhancing the utility and functionality of its ecosystem through improved tokenomics, including a 2% annual inflation rate. The upgrade has been well-received, with POL's price surging by 15% following its listing on Binance, highlighting increased market confidence and interest.
The migration to POL is expected to offer more flexibility in token issuance and drive 'hyperproductive' utility within the network, as stated by Polygon Labs' CEO. Although there is no immediate deadline for migrating tokens, the community retains the power to set one in the future, ensuring a smooth transition. This strategic move positions Polygon to better leverage its zero-knowledge-based layer 2 chains, potentially enhancing its competitive edge in the blockchain space.
Polygon's Transition to POL: A Game-Changer for Investors
August 31, 2025
1 min read
Polygon has successfully transitioned its native token from MATIC to POL, marking a significant upgrade in its network's capabilities. This change is part of Polygon's 2.0 roadmap, aimed at enhancing the utility and functionality of its ecosystem through improved tokenomics, including a 2% annual inflation rate. The upgrade has been well-received, with POL's price surging by 15% following its listing on Binance, highlighting increased market confidence and interest.