Polygon's anticipated native token upgrade is here, marking a critical milestone for the Polygon 2.0 vision.

The transition may just give the struggling network a new lease of life.

Polygon has officially transitioned from its old network token, MATIC, to a new token called POL. This upgrade, which took effect on September 4, 2024, represents a major step in Polygon's evolution and aims to enhance its blockchain ecosystem.

Polygon (MATIC) price, an Ethereum scaling solution, has recently witnessed a modest uptick in its MATIC token price. Over the previous week, however, the token predominantly exhibited a downward trend.

Major Crypto exchange Coinbase has revealed additional listings this week. Specifically in the past day, Coinbase announced the addition of zkSync (ZK) to its listing road map.

BCW Technologies, a prominent Polygon (MATIC) PoS validator, discusses their infrastructure, mission, and vision in the latest Spotlight Quest series.

MATIC is under mounting bearish pressure as it continues its downward slide, drawing closer to a critical support level at $0.3132. A break below $0.3132 could open the door to additional losses, signaling a deeper bearish trend ahead.

QUICK token's latest rally has thrust it into the limelight.

Amid a significant network upgrade, the Polygon ecosystem has now migrated to the POL token as its primary token over its mainnet. It all started with the announcement of Polygon Labs on July 18th about the migration of its primary token from MATIC to POL, which went live on September 4.

This week in crypto has seen significant advancements, with Polygon's MATIC token transitioning to POL as part of its 2.0 roadmap and Cardano's much-anticipated Chang hard fork going live.

Polygon (MATIC) Miden Alpha Testnet v4 introduces new features for developers, including Rust compiler support and a block explorer.

Polygon, a prominent Layer 2 scaling solution for Ethereum, is set to a embark on a significant upgrade with the transition from its existing MATIC token to a new POL token. This move, starting today, is a crucial step in Polygon's Polygon 2.0 strategy, and aimed at enhancing network efficiency and flexibility.

The popular layer-2 scaling solution for Ethereum, has made headlines with a groundbreaking update: the transition from its long-standing MATIC token to a new digital asset, POL. This major upgrade, which began early today, signifies a pivotal change in Polygon's approach to network operations and token economics.

Top US-based crypto exchange Coinbase is adding support for the Polygon's (MATIC) highly anticipated rebrand to the Polygon Ecosystem Token (POL). In a new announcement, Coinbase Assets says it's adding POL to its suite of products with an experimental label, meaning it could display high price volatility or relatively low trading volume.

Polygon, the Ethereum scaling solution, has finally rebranded its native token from MATIC to POL. The move marks a significant achievement for the protocol and signals a new dispensation for the ecosystem.

Aptos fell 5.1% while Polygon dropped 4.1% as the Coindesk 20 trends downward.

All this solves a series of major problems that afflict the world of blockchains, such as liquidity fragmentation.

MATIC has been upgraded to POL as the network token for Polygon. With the upgrade, every transaction on Polygon POS, will use POL as native gas token.

Polygon's AggLayer differed from other interoperability solutions such that it is not ecosystem-specific, and instead focuses on connecting the entire Web3 space.

Polygon has officially upgraded from MATIC to POL as its network token, marking a significant milestone in its evolution. This community-driven upgrade, effective from September 4, 2024, transitions POL to be the native gas and staking token for the Polygon proof-of-stake network.

The network's decision to replace its native token with a new one should typically spark a positive response. However, since Polygon confirmed the September 4 date for migrating its native token MATIC to POL, it has faced a series of problems.

Polygon's AggLayer will unite the entire blockchain space to provide “infinite scalability,” according to Polygon Labs' CEO.

Polygon has launched the migration from MATIC to POL, introducing the hyperproductive token to its ecosystem. POL will serve as the core utility token, with support from leading exchanges.

In a notable development for the crypto community, the Polygon team has officially kicked off the transition from the MATIC token to the new POL token, marking a significant milestone for the second-layer blockchain network.

Polygon [MATIC] prepares for its pivotal transition to POL on September 4th, investors and market analysts are closely watching to see if this upgrade will finally reverse the token's recent downtrend. Currently trading around $0.4001, MATIC has faced a significant decline, dropping -2.08% over the past 24 hours and an alarming -21.95% over the past week.

MATIC suffers another string of losses as the broader market pullback forces the bulls to the defensive. According to CoinGecko, the Polygon Network native coin has bled 16% more since last week as the bears reverse gains made back in August.

After weeks of anticipation, the MATIC to POL token upgrade has gone live.

The long-awaited migration of MATIC to POL has finally gone live as earlier scheduled by the Polygon team. The Layer-2 protocol announced the milestone on X.

TL;DR Polygon has upgraded its cryptocurrency MATIC to a new token, POL, since September 4, enhancing the token's utility for gas transactions and staking. The upgrade will enable greater community participation and create new opportunities through additional emissions.

Index stumbles 2.1% with Polygon leading declines, while Uniswap and Litecoin remain in green.

The crypto market hints at an extended correction in September as Bitcoin struggles to hold above the $60,000 mark. If the bearish trend intensifies, SHIB, the second-largest meme coin, could break below its crucial $0.000012 support, opening the door for Shiba Inu rivals to capture investor interest.

Polygon, the Ethereum layer-2 scaling solution, has announced the upgrade of its native cryptocurrency from MATIC to POL.

Polygon has officially started its long-awaited transition from MATIC to the new Polygon Ecosystem Token (POL) as part of its “Polygon 2.0” roadmap, according to a Sept. 4 statement shared with CryptoSlate.

On September 4, 2024, Polygon, a prominent Ethereum scaling solution, completed a significant transition from its long-standing MATIC token to the newly introduced POL token. This migration is a pivotal element of the Polygon 2.0 roadmap, designed to enhance the network's scalability and utility.

Polygon's migration to POL enhances community engagement and positions the network for greater scalability and multi-source fee generation. The post Polygon begins migration from MATIC to POL, boosting its ‘hyperproductive' utility appeared first on Crypto Briefing.

Polygon is undergoing its long-anticipated token upgrade from MATIC to POL today, as part of its “Polygon 2.0” roadmap that was announced in June 2023.

The transition from MATIC to POL is aimed at improving the network's efficiency and flexibility.

After a year of discussions, Polygon developers have officially initiated the upgrade from MATIC to the new POL token.

MATIC is officially migrating to POL and here's what users need to do.

According to the CEO of Polygon Labs, POL has evolved into a “hyperproductive” token, enabling the community to engage more effectively in the network's growth.

Polygon successfully migrates from MATIC to POL token, paving the way for enhanced scalability and ecosystem growth.

Polygon announces the transition from MATIC to POL, enhancing utility and functionality within the network. The upgrade aims to bolster security and scalability.

Polygon developers have migrated the MATIC token to POL after a year of extensive community-led discussions.

The migration from POL to MATIC will also bring in some tokenomics changes with a new emission rate of 2%.

Implications of the transition and impact on the Polygon ecosystem.

Polygon, the second-largest Layer-2 network built on the Ethereum blockchain, is initiating a major upgrade today. The longstanding MATIC token will transition to POL tokens.

BitMEX delists MATICUSDT and MATIC/USDT pairs following the MATIC to POL migration on Polygon.

Polygon is switching its native token to POL, a step toward using the versatile token in transactions across its ecosystem.