Polygon Completes POL Migration as Native Staking Goes Live
The post Polygon Completes POL Migration as Native Staking Goes Live appeared on BitcoinEthereumNews.com.
Key Notes Polygon officially completed its migration from MATIC to the new POL token on September 3. The announcement was preceded by a massive “buy the rumor” rally, with the price peaking at nearly $0.29 on September 2. Native staking for the new POL token is now live, allowing holders to earn rewards and become eligible for airdrops. Polygon’s network [NC] upgrade from its MATIC token to POL is now complete, following a successful migration announced on September 3. With the transition finalized, the network has enabled native staking for the new POL token directly on Ethereum ETH $4 425 24h volatility: 1.2% Market cap: $534.70 B Vol. 24h: $32.23 B , allowing users to earn validator rewards. The market demonstrated strong anticipation for the news in a classic “buy the rumor” scenario. According to historical data from Coingecko, trading volume peaked at over $631 million on Sept. 1. This momentum continued into September 2, pushing the token’s price to a high of nearly $0.29 as traders positioned themselves ahead of the official announcement. Following the confirmation on September 3, the token’s price saw minor consolidation around the $0.28 mark. This price stability suggests the preceding rally had already captured the market’s positive sentiment surrounding the milestone. Polygon price chart on TradingView. | Source: TradingView Staking Features and Network Growth The new staking functionality allows POL holders to help secure the Polygon network. In return for staking their tokens, participants can receive a portion of validator rewards and become eligible for future community airdrops. This development positions POL as a notable option for users exploring the best crypto to stake in the current market. How to natively stake POL on Ethereum in just three steps. pic.twitter.com/iukUwEHzS6 — Polygon (@0xPolygon) August 5, 2025 The network’s underlying growth is reflected in its…
Filed under: News - @ September 4, 2025 12:28 pm