Is a New Era of Blockchain Unfolding?

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Crypto Live News

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Polygon has successfully upgraded its network token from MATIC to POL, effective September 4, 2024. This community-driven upgrade transitions POL as the native gas and staking token for Polygon’s proof-of-stake network. MATIC holders on Ethereum can easily migrate to POL using the Polygon Portal interface. The upgrade aligns with Polygon’s vision of becoming a unified blockchain network, and POL is designed to be more productive, with potential future expansions based on community input.

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