POL Gains Traction Amid Institutional Adoption and Network Migration

• POL replaces MATIC as Polygon's native token with enhanced utility according to the guide.
• Tokenomics include 2% annual emissions for network security and development according to the guide.
• Institutional partnerships processed $70 million in transactions recently according to the report.
• AggLayer supports cross-chain functions with $1.23 billion in TVL according to the report.

POL (formerly MATIC) is showing resilience despite broader altcoin market pressure. The token benefits from strategic upgrades and real-world payment integrations. Its migration marks a shift toward Polygon's aggregated blockchain ecosystem according to the guide. Network activity remains robust with 172 million monthly transactions supporting its utility case according to the report.

What Does the MATIC to POL Migration Involve?

MATIC holders must actively migrate tokens on Ethereum via Polygon's portal interface according to the guide. POL now serves as Polygon PoS's native gas and staking token following a 1:1 swap according to the guide. Holders on Polygon PoS experience automatic conversion without manual steps. This transition supports Polygon's multi-chain architecture through AggLayer integration according to the guide. The updated tokenomics allocate emissions toward sustaining network growth according to the guide.

How Is Institutional Adoption Supporting POL?

Partnerships with Stripe and Revolut processed over $70 million in transactions according to the report. This institutional demand contrasts with declining activity across many altcoins. POL's role in enabling zkEVM and cross-chain functions attracts enterprise use according to the report. Its $1.23 billion TVL in AggLayer highlights scaling utility for decentralized applications according to the report. That said, the token faces sector-wide headwinds despite these advantages according to the report.