Polygon to Replace MATIC with POL Token, Price Impact Analysis

MATIC’s shift to POL token could streamline operations, impacting both efficiency and investor sentiment

Short-term price volatility expected as MATIC hovers near critical support levels and faces resistance.

Long-term projections see MATIC potentially reaching $17.41 by 2050, driven by market dynamics and adoption.

Polygon (MATIC) is set for a transformation as it prepares to migrate to its new native token, POL, starting September 4th. This transition marks a pivotal moment for Polygon enthusiasts and investors alike, signaling a shift in how transactions and staking will operate within the Polygon Proof-of-Stake (PoS) framework.

The upgrade from MATIC to POL will see the latter assume the role of the primary gas and staking token on the Polygon PoS network.

#POL #PolToken #Matic #Polygon #WarzirX $MATIC $BTC $SOL