Polygon Labs has announced the availability of the POL token upgrade on the Ethereum mainnet as part of the Polygon 2.0 roadmap. The POL token will replace the MATIC token as the high-performance ecosystem for Polygon, operating on all Polygon networks, including the main Polygon blockchain, Polygon zkEVM, and various Layer 2 networks.

The upgrade of the #POL token has been implemented on the #Ethereum mainnet, marking a significant milestone in Polygon 2.0's journey towards building the value layer for the internet. The plan also includes future stages, such as the launch of a new storage layer for Polygon L2 and other enhancements, like upgrading Polygon PoS to zkRollup and implementing advanced interoperability.

This transition from #MATIC to POL began in September and aims to expand Polygon's capabilities. The price of MATIC has seen a 21% increase in the past week and is currently trading at $0.62, with a 4% decrease in the last 24 hours. $MATIC