Polygon Co-Founder Considers Bringing Back MATIC Ticker After User Confusion
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The surprising thought experiment comes just over two months after the blockchain completed its migration from MATIC to POL on September 4, 2024. Nailwal’s comments on social media sparked widespread debate in the crypto community. He cited persistent feedback from users who find the MATIC name more recognizable and memorable than POL. Strong Community Preference for Original MATIC Brand “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. The co-founder shared specific examples of user confusion. “The counter-argument I keep getting is: the guy in the Philippines running a sari-sari store, or an Uber driver in Dubai, knew MATIC… and now he has no idea where it went,” he explained. Nailwal acknowledged his personal preference to stick with POL but said the feedback from retail users deserves serious consideration. He emphasized that major project decisions shouldn’t rely solely on crypto Twitter, noting that this audience represents less than 5% of total cryptocurrency trading activity. Source: @sandeepnailwal Community responses revealed split opinions. Some users argued that fundamentals matter more than ticker symbols. Others stressed that brand recognition remains crucial for retail adoption and market accessibility. The September 2024 Migration to POL The transition from MATIC to POL was part of Polygon’s ambitious 2.0 roadmap. The upgrade aimed to transform the network into what CEO Marc Boiron called a “hyperproductive” token system. Unlike MATIC, which only earned fees from gas payments and staking, POL can generate revenue from multiple sources. These include securing data availability, decentralizing sequencers, and validating across multiple chains within the Polygon ecosystem. The migration achieved impressive technical success. According to Polygon’s official data, 99% of MATIC tokens have successfully converted to POL…
Filed under: News - @ November 27, 2025 12:27 am