Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ALTCOIN NEWS»Coinbase Adds Support for the Anticipated Polygon (MATIC) Rebranding Token Polygon Ecosystem Token (POL)
ALTCOIN NEWS

Coinbase Adds Support for the Anticipated Polygon (MATIC) Rebranding Token Polygon Ecosystem Token (POL)

By Crypto FlexsSeptember 6, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Coinbase Adds Support for the Anticipated Polygon (MATIC) Rebranding Token Polygon Ecosystem Token (POL)
Share
Facebook Twitter LinkedIn Pinterest Email

Coinbase, the largest cryptocurrency exchange in the United States, supports the much-anticipated rebranding of Polygon (MATIC) to Polygon Ecosystem Token (POL).

Coinbase Assets announced in a new announcement that it is adding POL to its experimental product family, meaning it may exhibit high price volatility or relatively low trading volume.

Last month, Coinbase announced that it had added the token to its listing roadmap for 2022 in an effort to increase transparency and curb frontrunning of digital assets.

The rebranding of MATIC to POL was first proposed in July last year as a way to drive adoption and growth for the network. About a month later, Polygon Labs founder Sandeep Nailwal said the change was part of a shift toward greater interoperability.

As Nailwal said at the time,

“POL provides the benefits of multi-chain staking without the added risk of re-staking. With the Polygon 2.0 proposal, the Polygon Ecosystem expands to a Layer 2 (L2) ecosystem where single chains can easily interoperate with each other and share liquidity.”

Previously, it was disclosed that POL and MATIC will not coexist and that POL will take over the ecosystem’s native staking and gas tokens. Additionally, the community will decide whether POL’s use cases will expand in the future.

At the time of writing, POL is trading at $0.37, down 4% over the last 24 hours.

Don’t miss out – subscribe to receive email notifications straight to your inbox

Price check task

Follow us XFacebook and Telegram

Surfing the Daily Hodl Mix

&nbsp

Disclaimer: The opinions expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making any high-risk investment in Bitcoin, cryptocurrencies or digital assets. Your transfers and transactions are your responsibility and any losses you may incur are your responsibility. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets and The Daily Hodl is not an investment advisor. The Daily Hodl participates in affiliate marketing.

Featured image: Shutterstock/Marinamiltusova2250

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SEI tokens have soared more than 100% in June -the highest catalyst explained.

June 26, 2025

$ 438m XRP Transfer Sparks Panic- Ripple?

June 19, 2025

Solana Price Eyes 103% Rally $ 300: Here is the reason.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025
Most Popular

🔴Bitcoin ​​ETF Countdown

January 8, 2024

Why Arbitrum Could Surge 25% in September

September 8, 2024

Forget Area 51 – Area 69 slots are where all the fun is!

December 10, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.