The past few months have seen many in the crypto market eagerly anticipate the upgrade of Polygon's MATIC to POL...
This transition meant that MATIC was upgraded to POL as the network token for Polygon. Simply put, every transaction that takes place on Polygon PoS now uses POL as the native gas token.
However, since the transition, the altcoin has made moderate gains. In fact, at press time, POL was trading at $0.3773 after a 1.45% hike in 24 hours. Also, its market cap rose by 3.44% to $2.1 billion over the same period. Another reason leading to increased interest in the altcoin is the current price volatility. Over the past few weeks, altcoins have seen some extreme volatility.
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