Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Markets>
Polygon co-founder considers reverting POL token to its original MATIC ticker

Polygon co-founder considers reverting POL token to its original MATIC ticker

Cryptobriefing2025/11/26 17:57
By: Cryptobriefing
POL-0.65%

Key Takeaways

  • Polygon's Sandeep Nailwal is considering reverting the POL ticker back to MATIC due to community feedback.
  • The ticker swap occurred as part of Polygon's upgrade to 2.0, but many users feel more familiar with the original MATIC name.

Share this article

Polygon co-founder Sandeep Nailwal is considering asking exchanges to revert the POL token ticker back to its original MATIC name, seven months after the network completed its token migration.

“Time and again, I keep hearing from folks in the Polygon trading community that MATIC was a far stronger and more familiar ticker — it had history, recognition, and stuck in people’s minds,” Nailwal wrote in an X post today, calling the idea a “thought experiment.”

“My stance so far has been: it’s too much churn. We migrated to POL, let’s stick to it — enough people know it now, specially on CT,” he stated.

Nailwal said the potential change would be in response to feedback from the trading community and broader usage familiarity. The name MATIC is recognized and remembered within the community and beyond, illustrating a stronger brand identity compared to the newly adopted POL.

Polygon changed its token ticker from MATIC to POL in September 2024, as part of a major network upgrade under the Polygon 2.0 roadmap.

The transition aims to transform the network into a zero-knowledge chain and consolidate liquidity across multiple chains, with POL becoming the native gas and staking token on the Polygon PoS chain.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin News Today: Bitcoin’s Death Cross Highlights Its Function as an Indicator of Fiat Liquidity

- Bitcoin's "death cross" signals bear market risks, historically preceding 64%-77% price drops after 50-day SMA crossed below 200-day SMA. - BTC fell to $80,500, breaching key support levels and triggering $800M in short-term holder losses amid extreme Fear & Greed Index pessimism. - Macro factors like Fed rate uncertainty and $3.5B ETF outflows worsened sentiment, with BlackRock/Vanguard trimming MicroStrategy BTC holdings. - Analysts debate outcomes: some see $100K-$110K potential as short liquidations

Bitget-RWA2025/11/27 05:30
Hyperliquid (HYPE) Price Rally: A Tactical Move Amidst DeFi’s Changing Market Dynamics

- Hyperliquid's HYPE token surged to $60 in late 2025 driven by protocol upgrades, capital efficiency, and CLOB-driven market dominance. - Dual-layer HyperEVM/HyperCore infrastructure enabled 73% decentralized perpetuals market share with 0.02%-0.04% trading fees. - HLP program's TVL grew from $400M to $5B by 2025, offering 11% annualized returns to liquidity providers. - CLOB model outperformed AMMs with $15B+ open interest and $3T+ trading volume, bridging DeFi and CEX performance gaps. - DAT treasury an

Bitget-RWA2025/11/27 05:30
Algo Falls 0.14% as Market Fluctuations Continue

- Algo (ALGO) fell 0.14% on Nov 27, 2025, despite a 7.51% weekly gain, with a 17.7% monthly drop and over 50% annual decline. - Broader market volatility, driven by inflation data and interest rate uncertainty, continues to weigh on crypto assets like ALGO. - Sector developments in industrial tech and transportation may indirectly influence investor sentiment toward crypto and fintech . - Long-term bearish trends persist for ALGO, with analysts urging caution amid macroeconomic risks and shifting capital f

Bitget-RWA2025/11/27 05:28
Bitcoin Updates: Tether's Unstable Backing and Bitcoin's Rally Intensify Liquidity Shortage

- Bitcoin's price surge triggered Tether (USDT) outflows, raising liquidity risks as reserves face S&P downgrade. - NYDIG reports $3.55B ETF outflows in November, linked to corporate trades and algorithmic stablecoin losses. - S&P cites 5.6% Bitcoin exposure in USDT reserves, exceeding overcollateralization buffers, risking undercollateralization. - Analysts warn of self-reinforcing cycles as Bitcoin rallies coincide with Tether redemptions, straining liquidity. - Tether's 24% high-risk assets in reserves

Bitget-RWA2025/11/27 05:14

Trending news

More
1
Bitcoin News Today: Bitcoin’s Death Cross Highlights Its Function as an Indicator of Fiat Liquidity
2
Hyperliquid (HYPE) Price Rally: A Tactical Move Amidst DeFi’s Changing Market Dynamics

Crypto prices

More
Bitcoin
Bitcoin
BTC
$91,465.63
+4.48%
Ethereum
Ethereum
ETH
$3,036.94
+3.23%
Tether USDt
Tether USDt
USDT
$1.0000
+0.04%
XRP
XRP
XRP
$2.22
+1.23%
BNB
BNB
BNB
$895.7
+4.11%
Solana
Solana
SOL
$143.18
+3.31%
USDC
USDC
USDC
$0.9999
+0.00%
TRON
TRON
TRX
$0.2765
+0.71%
Dogecoin
Dogecoin
DOGE
$0.1546
+2.50%
Cardano
Cardano
ADA
$0.4344
+2.94%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter