Innovation or Tradition: Polygon's New Branding Stirs Debate Within the Community
Polygon co-founder Sandeep Nailwal is reconsidering the network’s approach to token branding, igniting a public discussion about whether the project should switch its ticker symbol from
The transition from MATIC to POL in September 2024 was a key part of Polygon’s 2.0 roadmap, which aimed to support the network’s shift toward a multi-chain ecosystem featuring zk-rollups and independent “supernets.” While MATIC functioned as an ERC-20 token on
The community is split on whether to reverse the change. Some believe MATIC’s established reputation makes it the preferable option, while others argue that POL has already gained traction and another change could erode confidence. One X user commented that “POL has already cleared the toughest hurdle, which is gaining initial acceptance,” while another suggested new tickers like PGON to blend tradition with a fresh identity
Polygon’s token price trends have also played a role in the conversation. According to CoinGecko, POL is currently valued at $0.13, marking an 89% drop from its peak of $1.29 in March 2024
Nailwal’s willingness to listen to community input reflects the decentralized nature of blockchain governance, where collective voices often shape decisions. However, whether a return to MATIC is practical remains unclear. Exchanges may be reluctant to implement another ticker change, and repeated rebranding could further fragment the brand. As the discussion continues, Polygon’s situation illustrates the complex balance between innovation and maintaining a consistent brand in the cryptocurrency industry.
