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Reading: Polygon Completes Migration from MATIC to POL, Enhancing Scalability and Utility
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Polygon Completes Migration from MATIC to POL, Enhancing Scalability and Utility

News Desk
Last updated: September 10, 2025 4:42 am
News Desk
Published: September 10, 2025
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Credits: crypto-economy.com

Polygon has successfully completed its long-anticipated migration from MATIC to POL, marking a pivotal moment in the project’s evolution. With an impressive 99% of MATIC now transitioned, POL is set to serve as the native gas and staking token for the Polygon PoS network, enhancing scalability and emphasizing its utility for future applications. Currently priced around $0.28, POL has experienced a significant surge in trading volume, surpassing $631 million, which underscores heightened investor interest.

Analysts have pointed out that this migration not only maintains backward compatibility but also optimizes scalability and fosters potential cross-chain solutions. With the initiation of staking incentives, the Polygon ecosystem appears poised for deeper adoption. The projected narrative surrounding Polygon is shifting beyond decentralized finance (DeFi) applications, as it embraces real-world use cases, including document verification and stablecoin launches. Despite facing challenges such as centralization concerns and competition from platforms like Arbitrum, the introduction of innovations like AggLayer is anticipated to reinforce Polygon’s market positioning. Overall, expectations for POL price growth remain optimistic, fueled by increasing institutional interest and expanding ecosystem demands, positioning Polygon prominently within the Layer-2 landscape.

In parallel, new entrants in the cryptocurrency market, particularly altcoins like Remittix, are gaining traction as top contenders for Q4 investments. Remittix has made waves by raising over $24.6 million during its presale, successfully selling more than 652 million tokens at a price of $0.1050 each. The project introduces a PayFi model that facilitates instant crypto-to-fiat conversions, allowing for direct transfers to bank accounts globally. This innovative approach aligns Remittix with established networks like Ethereum and Polygon, showcasing its real-world utility and potential for broader adoption.

The recent momentum surrounding Remittix highlights its attractiveness to investors, particularly as it prepares for significant milestones. The beta launch of the Remittix Wallet is scheduled for September 15, 2025, and the project has confirmed its first centralized exchange (CEX) listing with BitMart, with another listing on LBank expected shortly. With only 150 million tokens remaining in the presale pool, early investors view Remittix as a viable hedge against market volatility and an opportunity for substantial returns.

As the cryptocurrency market continues to evolve, both Polygon and Remittix are setting the stage for a promising landscape, appealing to investors looking to capitalize on emerging trends within the sector. Users are encouraged to conduct their own research before participating in any cryptocurrency initiatives, carefully weighing the potential benefits against the inherent risks associated with these investments.

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