Polygon Price Prediction: MATIC Surges 14% After Coinbase Announces Support For POL Migration As This Layer-2 PEPE Closes On $10 Million
The Polygon price surged 14% in the last 24 hours to trade at $0.5322 as of 00:43 a.m. EST on trading volume that skyrocketed 113% to $664 million. The surge comes after Coinbase announced that it will support the migration of the Polygon ticker from MATIC to POL on the Polygon Network on August 26. To complete the change, sending or receiving MATIC will be disabled between August 26 and September 10. Starting 8/26, we will be migrating the Polygon ticker from MATIC to POL on the Polygon Network. Between 8/26 and 9/10, send/receive will be disabled for MATIC on the Polygon Network in order to successfully complete the ticker change from MATIC to POL. Here is what to expect: — Coinbase Assets 🛡️ (@CoinbaseAssets) August 21, 2024 On September 4, MATIC will transition to POL. POL will replace MATIC as the native gas and staking token for Polygon proof of stake (PoS). Polygon Price To Continue Surging The Polygon price has been on a downtrend in August, as it ...