logo
welcome
CoinGape

CoinGape

Polygon Announces POL Rebrand: Can MATIC Price Follow Through?

CoinGape
Summary
Nutrition label

70% Informative

Polygon (MATIC) price is up 2% on Monday after Polygon ’s latest revelation.

Polygon announced that the migration of MATIC to POL tokens will take place on September 4 .

POL replaces MATIC as the native gas and staking token of the Polygon PoS network and will play a key role in the AggLayer project.

MATIC price hovered at $ 0.4184 , marking an increase of 2.32% during the U.S. trading hours.

The four-hour technical indicators show a steady uptrend.