Polygon (MATIC) has been gathering significant attention amidst a number of developments. Despite experiencing a slump in price and transforming from MATIC to POL, whales have been accumulating MATIC. This rebranding strategy has fueled speculation and varied market responses.
Coinbase has extended its support for the token upgrade. Being rated as
Neutral, the opinion on MATIC's potential growth is divided among analysts. The
migration from MATIC to POL has been confirmed to occur on
September 4, capturing a significant degree of market interest.
Investors are keenly eyeing a potential surge to $0.75, while some forecasts even suggest a rise to $1.5. Despite the recent turmoil, Polygon remains one of the top cryptocurrencies to invest in today. Extrapolating from the 2021 cycle, POL could hit an impressive $8. Multiple platforms, including Binance, have announced support for the Polygon token swap. The potential
price reversal signal and on-chain metrics are exhibiting promise. But despite the positive indications, it cannot be overlooked that the coin has been down 70% in the last 5 months, raising questions about its future trajectory.
MATIC Coin News Analytics from Wed, 21 Feb 2024 08:00:00 GMT to Sun, 04 May 2025 07:00:00 GMT -
Rating 3
- Innovation 6
- Information 8
- Rumor 2
