⇗ MATIC Coin Rebrands to POL with Strong Future Potential

The **crypto currency market** has been buzzing with chatter about **Polygon,** also known as **MATIC**. Polygon intends to solve Ethereum's scalability issues and emerges as the ultimate scalability solution. In the long-term, experts believe that the price of **Polygon** will experience a positive upswing thanks to its rebranding to **POL**. This is being viewed as an indication of a strong future potential. Its recently started token swap from **POL** to **MATIC**, has been wistfully anticipated. However, despite an increase in whale activity and a surge in on-chain activity, the **Polygon** price dip is continuing.

**Coinbase** will be supporting an upgrade of the Polygon token from **MATIC to POL**. The transition has not necessarily boosted its price, with the crypto currency noting a 61% decrease this year. Polygon's blockchain transition from **MATIC to POL** is underway, with speculation about a potential bull run. However, within the crypto market, despite recent volatility, cryptocurrencies such as **Shiba Inu**, **Polygon** and **Aptos** are demonstrating market strength.

The **migration of MATIC to POL** has been well-publicized, and there is clear instructions available on how to facilitate this change. The progress for this migration continues despite **MATIC** currently trading below $0.5, which has triggered conversations about a possible price reversal. Also, with in the top 20 cryptocurrencies, Polygon (MATIC) is staging a comeback after a parabolic run.

Despite the change in branding strategy, **Polygon's** token migration from **MATIC to POL** continues, with support from **OKX**. This swap from **MATIC to POL** is seen as a part of **Polygon's** renewed identity crisis. Crypto pundits are even predicting a 600% price surge for **Polygon (MATIC**) in the near future.

MATIC Coin News Analytics from Wed, 29 May 2024 07:00:00 GMT to Thu, 20 Feb 2025 11:37:52 GMT - Rating 4 - Innovation 8 - Information 7 - Rumor -1