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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.

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

Polygon (MATIC) price, an Ethereum layer 2 solution, has experienced a notable increase in value after recent market adjustments. The digital currency now exhibits a bullish momentum, having rebounded from its previous downtrend.

Ethereum scaling solution Polygon (MATIC) is set to undergo a highly anticipated major upgrade, marking a significant milestone for the blockchain network. This upgrade, set to take place on Sept.

Will Polygon's MATIC rally after September 4th POL migration? Investors eye key support and bullish signals for a rebound.

Bitfinex announces the listing of POL, the native token of Polygon (MATIC), enhancing trading opportunities for users.

Polygon's Ecosystem Token (POL) price has started a rangebound move after failing to break through resistance at $0.60.

Polygon (MATIC) price has been experiencing significant challenges over the past few weeks, with its token facing a steady decline in value. This price drop reflects the broader bearish sentiment prevailing across the cryptocurrency market.