The blockchain landscape is evolving rapidly, and few transitions have drawn as much attention in 2025 as Polygon’s migration from MATIC to POL. This strategic upgrade isn’t just a rebrand—it represents a fundamental shift in how the network operates, governs itself, and rewards users. Since the official launch of the POL token on September 4, 2024, key network metrics have surged, signaling renewed confidence and momentum within the ecosystem.
As Polygon strengthens its position in the multi-chain future of Web3, the data tells a compelling story: user adoption is accelerating, on-chain activity is booming, and investor sentiment is turning decisively bullish.
The MATIC to POL Transition: A New Chapter for Polygon
Polygon’s evolution from MATIC to POL marks more than a simple token swap—it's a pivotal step toward decentralization, scalability, and enhanced governance. With the migration now live, every transaction on Polygon PoS uses POL as the native gas token. This change ensures that users interact directly with the new economic backbone of the network.
Prior to the transition, MATIC had been experiencing prolonged downward pressure. Weekly charts showed a 10.75% decline, while monthly data reflected a 7.38% drop—trends that suggested waning market interest. However, the introduction of POL has reversed this trajectory.
At the time of writing, POL is trading at $0.3773, reflecting a 1.45% gain over 24 hours. More significantly, its market capitalization has grown by 3.44% to reach $2.1 billion. These figures aren’t just numbers—they reflect real shifts in user behavior, investment flows, and ecosystem health.
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Surging On-Chain Activity and User Adoption
One of the clearest signs of POL’s growing appeal lies in its on-chain metrics. According to analytics platform Santiment, Polygon has seen exponential growth in active addresses and wallet creation since the migration.
Daily new addresses now stand at 487—an impressive figure that positions POL to surpass previous MATIC levels within just two weeks. This surge indicates strong organic adoption, driven not by speculation alone but by real usage across dApps, DeFi platforms, and NFT marketplaces built on Polygon.
Equally telling is the rise in POL wallet creation. Since August 15, over 1,826 new POL wallets have been created—a 64% increase in a short period. This influx suggests that both retail and institutional participants are actively migrating assets and securing positions in the upgraded ecosystem.
Another critical indicator is the distribution of token holdings. Over the past two weeks, the percentage of POL supply held by wallets containing 1 million or more tokens dropped from 98% to 92%. This decentralization trend typically occurs when smaller and mid-sized investors enter the market en masse, diluting the concentration of large holders.
Such democratization of ownership often precedes sustained price appreciation, especially as exchanges begin supporting the new token pairs.
Exchange Listings and Market Liquidity Shifts
A major catalyst for POL’s momentum is Binance’s planned delisting of MATIC trading pairs starting September 10. As one of the largest global exchanges, Binance’s move signals institutional recognition of the transition and forces traders to adapt—either by swapping their MATIC for POL or exiting positions altogether.
This regulatory and logistical shift has already impacted supply dynamics. Data shows that POL’s supply outside exchanges has declined from $214 million to $202 million post-migration. A shrinking exchange supply typically indicates that investors are moving tokens into private wallets—commonly interpreted as a sign of long-term holding intent.
When fewer tokens are available for immediate sale on exchanges, downward selling pressure decreases. This structural shift supports price stability and creates favorable conditions for upward movement.
Why Traders Are Betting on POL
Beyond technical upgrades, POL offers tangible utility that attracts long-term investors. Unlike its predecessor, POL enables multi-chain staking, allowing users to secure and earn rewards across multiple Layer 2 networks within the Polygon ecosystem. This interoperability enhances capital efficiency and aligns with the broader industry shift toward modular blockchain design.
Additionally, POL holders gain enhanced governance rights. They can vote on protocol upgrades, funding allocations, and strategic initiatives—giving them direct influence over Polygon’s future direction. This level of community control fosters trust and engagement, crucial elements for sustainable ecosystem growth.
Market sentiment reflects this optimism. The OI-weighted funding rate for POL has remained positive over the past two days (with only one minor dip), indicating strong demand for long positions in derivatives markets. When traders pay premiums to maintain long futures contracts, it signals confidence in near-term price appreciation.
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What Do the Charts Suggest for POL?
Technical indicators point to bullish momentum building around POL. After breaking through initial resistance levels post-migration, the token has stabilized near $0.3773 with steady volume support.
With exchange reserves declining and funding rates remaining positive, analysts suggest that POL is well-positioned to challenge the $0.38 resistance level. A confirmed breakout could propel prices toward $0.40 in the short term—especially if broader altcoin market conditions remain favorable.
Moreover, on-chain activity continues to outpace historical MATIC levels, reinforcing the idea that this isn’t merely a speculative rally but a foundational upgrade driving real usage.
Frequently Asked Questions (FAQ)
Q: What is the difference between MATIC and POL?
A: MATIC was the original token of the Polygon network. POL is its successor, introduced after a major protocol upgrade. While MATIC primarily served as a gas token, POL expands functionality to include multi-chain staking and advanced governance features.
Q: Do I need to manually swap my MATIC for POL?
A: Yes, users must initiate the swap through official Polygon interfaces or supported wallets. The migration process is designed to be seamless, but it’s essential to follow verified instructions to avoid loss of funds.
Q: Will MATIC still be tradable after the transition?
A: Trading of MATIC pairs is being phased out on major exchanges like Binance starting September 10, 2024. Over time, liquidity will shift entirely to POL pairs.
Q: How does multi-chain staking work with POL?
A: POL allows users to stake across various chains within the Polygon ecosystem (e.g., zkEVM, Supernets). This increases yield opportunities and strengthens security across interconnected networks.
Q: Is POL a good long-term investment?
A: While no investment is without risk, POL’s improved utility, governance model, and rising adoption metrics make it a compelling candidate for long-term holders who believe in Polygon’s vision for scalable Web3 infrastructure.
Q: Where can I buy or trade POL?
A: POL is available on major cryptocurrency exchanges following its official launch. Always verify supported trading pairs and ensure you're using secure platforms.
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