Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
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

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.

0

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

Animoca Receives ADGM Authorization, Opening a Regulated Avenue for Institutional Web3 Investments

- Animoca Brands secures in-principle approval from ADGM to operate as a regulated fund manager, advancing its institutional Web3 investment strategy in the Middle East. - The conditional approval enables compliance-focused expansion, aligning with UAE's blockchain innovation goals and institutional-grade investment pathways in gaming, NFTs, and tokenized assets. - With stakes in 600+ Web3 ventures, Animoca plans to integrate its ecosystem into regulated structures, complementing its $1B valuation target v

Bitget-RWA2025/11/27 15:16
Animoca Receives ADGM Authorization, Opening a Regulated Avenue for Institutional Web3 Investments

Dogecoin Latest Updates: Crypto Winter Challenges DOGE ETFs While Technical Indicators Suggest a Potential 80% Surge

- Dogecoin (DOGE) could surge 80-90% as ETF launches approach, driven by a falling wedge pattern and institutional interest in Grayscale's GDOG and 21Shares' products. - Technical analysts compare DOGE's potential to XRP's 2025 ETF-driven rally, though broader crypto weakness and high interest rates pose risks to sustained gains. - While DOGE trades below key moving averages and faces $0.1495 resistance, a breakout above the wedge's trendline could push prices toward $0.27–$0.29. - Long-term projections su

Bitget-RWA2025/11/27 15:16

Bitcoin Updates: Crypto ETPs Signal Market Growth as Leverage Shares Debuts on SIX

- Leverage Shares launched the world's first 3x leveraged and -3x inverse Bitcoin/Ethereum ETPs on SIX Swiss Exchange, expanding its crypto product range to 452 offerings. - The EUR/USD-traded ETPs target sophisticated investors seeking directional exposure, aligning with SIX's 19% YoY crypto ETP turnover growth to CHF 3.83 billion. - Market timing raises concerns as Bitcoin/Ethereum fell 21%/26% in November 2025, with experts warning leveraged products could amplify losses during volatility. - SIX's regul

Bitget-RWA2025/11/27 14:58

Ethereum Updates Today: Buterin Moves ETH to Safeguard Privacy Against Major Financial Players and Quantum Threats

- Ethereum co-founder Vitalik Buterin donated 128 ETH ($760,000) to privacy-focused apps Session and SimpleX Chat, emphasizing decentralized metadata protection and user-friendly access. - Recent 1,009 ETH transfer to Railgun protocol sparked speculation about asset reallocation, though control remains with Buterin amid mixed Ethereum price trends. - Buterin warns of existential risks: 10.4% institutional Ether ownership and quantum computing threats by 2028, advocating layered security for Ethereum's desi

Bitget-RWA2025/11/27 14:38
Ethereum Updates Today: Buterin Moves ETH to Safeguard Privacy Against Major Financial Players and Quantum Threats