POL

jwz9904

i have 12 POL for Gas

MichaelAischmann

I'm reducing my POL holdings to amounts I actually consume for network operations.

Chapo_1992

Should I stop believing in POL ? And stop buying or bag holding for the rest of my life

OGsuperbear

ARB, OP, ZK, POL all going to get crushed if Base does this.

ReadersAreRedditors

Its a ghost chain. There's a higher chance of POL or SUI having more success. SUI is a new chani an still has a higher TVL then ADA.

iamjide91

SOL, POL, AIOZ, ADA, XRP, etc Those are cheaper than BTC & ETH.

nichijouuuu

Cheers this is helpful. Too bad I didn’t DCA while we were out of season. Since January I’ve been in my new holdings: Solana, HBAR, POL/Matic, and DOGE. And they are almost back in profit. solana now finally in profit.

gold_dragon2

Go for ETH beta plays, ENA, POL, ARB. Base chain-AERO. This projects are real revenue generating ones. Has potential to outperform L-1s in short term. Make some good profits and potential move this profits to Bitcoin. More volatility in short term, check prices regularly.

qldvaper88

Yup. POL sounds so lame compared to Matic

DrBobbleEd

Yeah, I feel like I'm holding 7 of 8 positions for future tax loss harvesting. Got burned on Luna. My fault for not keeping up with the warnings and having limit orders that went off on the way down while I was at work. But, I put money into some things that I thought had real use cases and they are just waiting to die it seems. Not in a rush to sell. They've already lost most of their value so just gonna hang on and see if I was a "genius" for being early. I don't even look at it anymore. Probably effed up and have MATIC that I should have done something with when it went to POL. I don't even know if I was suppose to do anything during the migration. I am afraid to look and find out that it's all tits up too. I am reluctant to make too many moves bc figuring taxes was a bitch last time.

random5654

Polygon/MATIC/POL

002_timmy

Yeah, this reads like the guy is only focused on the negative and thinking the entire industry. I use ETH & POL daily. Smart contract execution is critical for building a decentralized & permissionless internet. And that is a really really big usecase

Grunblau

I think we got the alt season early this time… I know a few people that doubled their XRP bags when it went from 50¢ to $3 thinking it would continue running. Same with ALGO, AVAX, XLM, POL, ATOM, etc… I was finally really green on these bags. I would have been sooo far ahead if I would have sold some then instead of just thinking “finally!”

evm1989

I cashed out all my ETH for fiat (good enough profit for me, ill take it) but I left a few hundred bucks on the exchange to play around a bit, maybe a alt season comes and I still can have some fun, you never know right? What's the most negative/hated coin here nowadays? I'm not gonna buy XRP btw, maybe POL or ADA?

iamjide91

Some are overvalued, and some are undervalued. OCEAN, POL, AIOZ are highly undervalued imo. But we see some like BTC, ETH, SOL, HYPE that are insanely overvalued.

sharkhuh

Need POL (MATIC) to finally pump some more. Let's get back to the glory days of a top-10 crypto

Existing-Might-8392

Well, I’d distribute between BTC, ETH, and a few more coins of your choice, eg., Solana, Polygon, BNB – only real things, no shitcoins or memes. My portfolio was 10% Bitcoin, 50% ETH (yes it looks weird but I was early adopter and then bought when it was less than $100), 10% MATIC, 10% BNB, 10% SOL and 10% of shit and memes. Rn I’d go with POL for like 20%, just check their community and growth with positive flow, second after Ethereum. Then 20% SOL and 10% for memes. 50 split between BTC and ETH

Mean-Ship-3851

What is happening to POL?

HSuke

You're responsible for your own gambling losses. POL works perfectly well as a sustainable gas and utility token.

sharkhuh

Man, if POL makes a run, I'll be so happy. It was my big "alt coin" bet cause I liked their ETH alignment

Mean-Ship-3851

POL is silently recovering

Ok_Faithlessness6229

Just go for coins that make real money and useful for the businesses like ETH, SOL, POL, Optimism, Link, render. Forget about get rich quick schemes. they are scam.

bleakj

There's a few pairs I've had going for 2+ years now, (POL/USDT, WETH/USDT, WETH/USDC, WETH/AAVE, WETH/LINK are the ones I can think of top of my head) that have all stayed at the 40%+ rate (POL/USDT seemingly stays closer to 100% most of the time based on Quickswap) but looking at my totals after time, it really doesn't feel like it adds up; but impairment loss / market flux may honestly be enough for that difference with the LP's. With lending, I'm getting much lower (Like 8% average for USDC) and that definitely seems on the nose though.

CryptoAd007

> DAI freezing: that’s MakerDAO’s decision, not ours. So, DAI is issued by MakerDAO directly on Polygon? I thought it's smart contract is on Ethereum only. Where can I check the chains on which DAI is directly issued by MakerDAO? > Gas sponsorship: already possible through meta-transactions. Expect more apps to adopt this. No! As a dev I can not move DAI on POL, where gas fee is paid by a dedicated funding address. This is possible for DAI on SOL though. Am I missing something here? Also, if possible, join the @CryptoIndiaUnited Telegram group and participate in the Crypto discussions with Indian retail investors.

0xpolygonlabs

There are 3rd LSTs that exist. For technical reasons, POL is staked on Ethereum mainnet

Shiratori-3

Is it possible to stake POL natively yet, or still has to go via Ethereum?

iamjide91

ALL. In time, all cryptos will move, even METIS & POL. My eyes are on AIOZ & TAO. Those are my biggest dAI projects. And you know the hype around that space rn.

partymsl

Interestingly, they already use Polygon for some internal documents. Man Polygon is truly so underrated and I say that as a person with no POL at all.

0xpolygonlabs

You definitely understand more than most, but I’ll try to help clarify how consensus works on Polygon.  Polygon PoS is powered by two coordinated layers: Bor, which handles block production, and Heimdall, which manages validators and checkpoints to Ethereum. This dual design has allowed Polygon to scale Ethereum while also maintaining Ethereum’s security.  With Gigagas, we’re taking that same foundation and scaling it to the next level. The focus isn’t on changing what Polygon is, but on making it *far more efficient*. We will bring finality and throughput closer to what people expect from Web2, while still anchored to Ethereum’s security. POL will still be the gas token in Gigagas, ensuring consistency across the ecosystem and aligning usage directly with the upgraded token model. The vision is simple: transactions should feel instant and seamless for end users, while under the hood Polygon keeps doing the heavy lifting.

0xpolygonlabs

While I won’t comment on price specifically, I will say that providing value to POL is certainly a priority for everyone at Polygon. We are building infrastructure that people will actually use, and the POL token plays a key role. One great way to use your POL to accrue value is to stake your POL at staking.polygon.technology. Not only will you earn POL for help secure the network, you will also qualify for future airdrops for projects in the Agglayer Breakout program, including Katana, Miden, and Billions These 2 blog posts detail a couple different ways we aim to provide that value: [https://polygon.technology/blog/pol-value-accrual-1-agglayer-polygon](https://polygon.technology/blog/pol-value-accrual-1-agglayer-polygon)[https://polygon.technology/blog/pol-value-accrual-post-2-introducing-the-agglayer-breakout-program](https://polygon.technology/blog/pol-value-accrual-post-2-introducing-the-agglayer-breakout-program)

0xpolygonlabs

**Agglayer v0.4**: yes, sub-10s finality is the target by end of Q3 2025. **Listings (Robinhood, etc.)**: we can’t comment on specific exchange timelines. Those are their decisions. **POL migration**: fully underway; most major exchanges have completed, Coinbase is still pending but we are working closely with them. No funds are at risk. **Tokenomics**: POL already has a staking + validator model. Deflationary features (like EIP-1559 burn) and ecosystem demand will naturally tighten supply over time.

0xpolygonlabs

This was about much more than a name change. The POL upgrade was introduced as the token powering an ecosystem of interconnected chains, including Agglayer, zk solutions, L2s, appchains, etc. To make this possible, POL needed tokenomics that could sustain many validators, sequencers, and participants. The supply change wasn’t “dilution,” it was an upgrade to enable utility and staking across hundreds of chains. Additionally, the change in emissions was set at 2% for the next 10 years, with 1% going to validators who secure the network at 1% going to our community treasury program to make strategic investments in builders in the Polygon ecosystem.

Baumpaladin

Considering how hard POL pumps and dumps historically, plus if you are paid in euros, then you are basically double fucked.

noviwu97

Based on wallet analysist, only 1% of POL/MATIC holders are in profit

pademango

What are your plans to increase value of POL? Why ETH did an ATH and POL cannot move from $0.25 and been in decay for more than a year?

jekpopulous2

In 2023 there were plans to upgrade Polygon POS from an L1 to a zk validium that settled to Ethereum. This was incredibly popular with both the POL and ETH communities and everyone seemed super excited about the roadmap. Since then you guys have decided to sunset Polygon zkEVM and now instead of upgrading to a validium Polygon POS will remain an independent L1. There's been a ton of backlash over this pivot and I'm wondering why you've decided to abandon Ethereum. What's the downside to using it as a settlement layer?

Mountain-Lab5618

-Why does your own Explorer Verifably show that there is literally less than 300k USD total in liquidity (not on the POL side) total for your coin? Doesn’t that mean that all of your investors would be completely unable to sell their tokens for the vast vast majority of their coin values given the amount of circulating POL? -Why is the original contract for POL completely propped up by a secondary coin BTTC which you own more than the entire marketcap of? -Why does your verifiable Polygon address have direct ties to multiple Phishing wallets and contracts as a recipient. 0x903283e42d434aC24D3CFe7ed5999B93232aeC50 Why is this wallet connected to and funding this other wallet that appears to be owned by the above wallet? 0xA619256A53188c8b93b0A35cedF8ed1Ddae72B91 So many questions……….

jwinterm

I'm curious on how and when you see Polygon simplfiying, if at all? It began as kind of a side-chain, from what I understand, and is moving towards becoming a layer two, I believe at the moment with multiple networks. Is Gigagas the target for all the other networks to collapse to? And will ETH be the gas used there, or will POL continue to be required on that network as well?

0xpolygonlabs

Question from X >The $POL upgrade + AggLayer vision feels like Polygon is positioning itself as the unifying fabric of Ethereum’s multi-chain future. My question to you: how do you see Polygon balancing two huge goals at once; becoming the chain of choice for retail adoption in emerging markets (where fees and UX matter most), while also scaling to meet the needs of institutional players and government-grade digital assets like Wyoming’s $FRNT? Because from where I stand, Polygon isn’t just ‘another L2’… it’s quickly becoming the backbone for both sides of Web3 adoption.

0xpolygonlabs

Question from X >Is agglayer v0.4 that comes with sub 10 second finality aim to be delivered by end of Q3 2025? When is POL token estimated to be listed on Robinhood When will MATIC to POL migration complete? Any deadlines? What’s taking Coinbase so long to complete migration? Any thoughts on POL tokenomics to make it more favorable/deflationary?

0xpolygonlabs

Hello r/CryptoCurrency, I’m Sandeep Nailwal, Founder of Polygon and recently became CEO of the Polygon Foundation. I’m here to talk with you directly about the next era of Polygon.  Join me for an AMA this Wednesday, August 27, where I’ll be answering your questions right here in this thread. # What I’m excited to talk about **Polygon’s future** I’ve stepped into the CEO role at the Foundation to sharpen our focus on core protocol development, ecosystem growth, and user adoption. Our mission is to build the trustless internet for people to easily do whatever they want with their assets, whenever they want. I’m here to talk strategy, vision, and how we scale responsibly. **Gigagas Roadmap: 100k+ TPS** Polygon is aiming to become the leading payments and settlement layer in crypto. Gigagas is our new architecture designed to unlock massive throughput (100k+ TPS) and support consumer-grade experiences across chains. The roadmap is already underway with sub 5sec finality and 1000 tps already enabled.  Ask me anything about how this works and why this scaling is critical. **RWAs, payments & real-world utility** Polygon is the rails of choice for real-world assets and onchain payments.  We see projects ranging from tokenized trading cards (Courtyard) to prediction markets (Polymarket) to global stablecoin processors (Stripe). We’re doubling down on real-world use cases that actually touch users. **Agglayer: Interopability for unifying all of web3** The Agglayer vision is connecting all chains into a single, unified user experience with seamless cross-chain execution and shared liquidity. It’s how we scale horizontally without fragmentation. Curious how it works? Ask away. **Agglayer Chain Development Kit (CDK) & custom chains for a better user experience** General purpose blockspace is no longer needed, but there is significant demand for specialized chains. We currently have cdk-opgeth and cdk-erigon and are actively building more solutions to support different use-cases (DeFi, gaming, identity, etc), all to ensure web3 feels like a single seamless experience. More chains shouldn’t mean more fragmentation. With Agglayer CDK, more chains means we deliver a better UX with apps that are built for what you actually want to do onchain.   **POL staking & ecosystem airdrops** Staking POL is the gateway to the future of Polygon: * Secure the network * Power Agglayer * Qualify for future ecosystem rewards & airdrops Early stakers are already seeing upside via incubated chain airdrops like Katana, Miden, and PrivadoID/Billions, with more coming. # How to participate: 1. Ask your questions below – anything goes: Agglayer, Gigagas, staking, strategy, tech stack, adoption. 2. I’ll be live and answering questions beginning on Wednesday, August 27. Excited to hear from you all and share more about how Polygon is scaling web3 to meet the real-world moment. — Sandeep

justsaiyan8

Bought DOT this month. I see a trend of all staking coins other than SOL are down due to the “free” staking rewards being sold with not enough buyers(look at cosmos, POL etc). DOT on the other hand has some major upgrades coming like Jam and Polkadot 2.0, and after the keynote, it will soon be orders of magnitude better than the best competition.

enitrom

Hi team 👋, I'm stuck for a swap on Polygon. I just need 0.02 POL to pay the fees. If anyone can send me this small amount 🙏, here's my address: [ 0xA4Db1A5ABbAbC69da23dB5B5419fbF6D5eF39B13 ] Thank you so much 💜

iamjide91

You know how ADA and XRP woke up, that's how I'm expecting POL to resurrect.

Redhaired103

It’s not that. ETH, SOL, AAVE… just to name a few coins with infinite supply but do much better than POL.

anjie_eth

I think since they rebranded from matic to POL, they lost track on what to do next. Looks to me like a team that don't know what to do next.

Antique-Bug-5978

Salut 👋, Franchement tu pars déjà sur de très bonnes bases. J’ai fait comme toi : commencer petit, avec du **DCA** chaque mois. Même 20, 50 ou 100 €/mois, ça fonctionne très bien sur le long terme. 👉 Strike et Kraken Pro → bons choix. Avec un virement SEPA, les frais sont vraiment bas, donc tu n’as pas de souci de ce côté. Concernant le “bon moment” : en crypto, il n’y a jamais de moment parfait. Si tu attends toujours que ça baisse, tu n’achètes jamais. Le DCA, c’est justement fait pour lisser ton prix d’achat et ne pas stresser du timing. Perso, je garde les choses simples : – **BTC** comme pilier – quelques autres cryptos solides (ETH, SOL, POL, ONDO dans mon cas) – je garde une petite partie de cash de côté pour saisir une grosse baisse. Le plus important : rester régulier, patient, et éviter de se disperser sur trop de projets. 🚀 Tu es déjà sur la bonne voie !

fajarsis02

Dead price action, high traffic, many accused it's founder of a scam are usually my 3 main criteria's for an entry. With that I bought SOL in early 2023 and POL few months back..

HotPocket2469

I’m balls deep in XRP, ADA, ETH, POL, VET

Crypto__Sapien

Certainly HBAR, ETH and POL. They are most certain to go harder on an actual alt season. We need to wait for overall sentiment to get better though

ShadowDude9

ADA ain't even that risky. but yes it's good along with LINK or SUI for a similar level of risk. To get even riskier take a look at something like POL and CRO For a lottery ticket maybe check out PIN

mattyhtown

Pol again? Why? Seems like the shine from that has faded away. Also wasn’t an alt before really and still isn’t. If POL is pumping then i expect AAVE to really pump.

ShadowDude9

nah, POL is next in line to pump imo

Tiny_Kangaroo

Way too late to buy POL unless you like to be disappointed.

ShadowDude9

POL, LINK, ADA, CRO, SUI (and a small bet on the microcap: PIN)

Chabuton

Hi. I’ve been in the markets for about 20 years and in crypto for about 9. I used to be a licensed investment analyst, so I’ve seen a lot. Your question is tough to answer. Most beginners just buy BTC and hope for the best. Beyond that, the options are endless. For example, a friend of mine turned 200k into 1M with two methods: He wrote a simple trading script and exited before institutions and algorithms took over. He arbitraged BTC and ETH futures against spot prices. Futures premiums in Korea would spike, so he shorted futures while going long spot and pocketed the difference. Those plays aren’t really available now. The market is more competitive and efficient, so opportunities like that disappear fast. People who do find them usually keep quiet because once others pile in, the edge vanishes. I’m a big believer in learning by doing. Reading theories only goes so far if you can’t apply them. A good first step is to actually buy and move crypto around to understand how blockchain works. Even with a few dollars, you can learn a lot. Here’s a simple exercise: Download MetaMask and Phantom. Set up wallets and copy your addresses. Buy a small amount of USDC on Coinbase (or another exchange) and send some to each wallet. In MetaMask, open the browser on a layer 2 like Polygon and use a DEX aggregator such as Matcha or a DEX like Uniswap. Connect your wallet and swap for a coin, maybe just a few dollars worth of wrapped ETH (WETH). On Polygon you can only buy WETH, not ETH. If you try on Ethereum mainnet, you’ll notice gas fees are too high. To actually make a swap on Polygon, you’ll need gas. So go back to Coinbase, buy $1 worth of Polygon (POL/MATIC), send it to your Polygon address, and then complete your trade. This one exercise teaches you what a layer 1 and a layer 2 are, why gas is required, how to move funds across networks, and how clunky on-chain transactions can be compared to centralized exchanges. Do the same with Phantom and you’ll see Solana is a different layer 1 with its own tokens and rules. If you ever want to move funds from Ethereum to Solana, you’ll learn what bridging is and why it’s frustrating. That frustration is the point: once you see the friction firsthand, you start to understand the problems people are trying to solve in blockchain and you may even contribute to it and help the ecosystem and get rewarded for your efforts. When I first went through this, it made my head spin. It felt like using MS-DOS for the first time: just a blank screen, a blinking cursor, and no clue what command to type. But once you start experimenting, the pieces begin to connect. This is probably more than enough for a beginner, but it’s a good place to start. If you have any questions feel free to respond. I don't use reddit often so if I don't respond I'm 100% sure someone else will be able to help you out.

Chabuton

Hi. I’ve been in the markets for about 20 years and in crypto for about 9. I used to be a licensed investment analyst, so I’ve seen a lot. Your question is tough to answer. Most beginners just buy BTC and hope for the best. Beyond that, the options are endless. For example, a friend of mine turned 200k into 1M with two methods: 1. He wrote a simple trading script and exited before institutions and algorithms took over. 2. He arbitraged BTC and ETH futures against spot prices. Futures premiums in Korea would spike, so he shorted futures while going long spot and pocketed the difference. Those plays aren’t really available now. The market is more competitive and efficient, so opportunities like that disappear fast. People who do find them usually keep quiet because once others pile in, the edge vanishes. I’m a big believer in learning by doing. Reading theories only goes so far if you can’t apply them. A good first step is to actually buy and move crypto around to understand how blockchain works. Even with a few dollars, you can learn a lot. Here’s a simple exercise: 1. Download MetaMask and Phantom. 2. Set up wallets and copy your addresses. 3. Buy a small amount of USDC on Coinbase (or another exchange) and send some to each wallet. 4. In MetaMask, open the browser on a layer 2 like Polygon and use a DEX aggregator such as [Matcha.xyz](http://Matcha.xyz) or a DEX like Uniswap. Connect your wallet and swap for a coin, maybe just a few dollars worth of wrapped ETH (WETH). On Polygon you can only buy WETH, not ETH. If you try on Ethereum mainnet, you’ll notice gas fees are too high. 5. To actually make a swap on Polygon, you’ll need gas. So go back to Coinbase, buy $1 worth of Polygon (POL/MATIC), send it to your Polygon address, and then complete your trade. This one exercise teaches you what a layer 1 and a layer 2 are, why gas is required, how to move funds across networks, and how clunky on-chain transactions can be compared to centralized exchanges. Do the same with Phantom and you’ll see Solana is a different layer 1 with its own tokens and rules. If you ever want to move funds from Ethereum to Solana, you’ll learn what bridging is and why it’s frustrating. That frustration is the point: once you see the friction firsthand, you start to understand the problems people are trying to solve in blockchain and you may even contribute to it and help the ecosystem and get rewarded for your efforts. When I first went through this, it made my head spin. It felt like using MS-DOS for the first time: just a blank screen, a blinking cursor, and no clue what command to type. But once you start experimenting, the pieces begin to connect. This is probably more than enough for a beginner, but it’s a good place to start. If you have any questions feel free to respond. I don't use reddit often so if I don't respond I'm 100% sure someone else will be able to help you out.

iamjide91

What if it's the opposite? Your answer could be in the textbooks; buy when the market is selling, then sell when the market is going up. If you didn't buy months back, why buy now? Except you have the balls to HODL long-term. But you can also be buying undervalued but valuable projects - AIOZ, TON, METIS, & POL fall in this category for me. However, again, ready to HODL for long term.

plasmalightwave

What did you end up doing? I have POL/MATIC as well that I want to sell and put into something worthwhile.

Salvare003

MATIC is gone. And POL is a shitcoin with unlimited supply.

VariatCA

My old bag of Matic (now POL) just needs another +900% to get there!

Grunblau

If you were down an average of 60% on DOT, ATOM, and POL and wanted to tax harvest those losses into something with potential, what would you suggest for 150% gain between now and the end of the year?

FrescoIX

I have 102.70 USDC (polygon) and 51.8 POL (Ethereum) in my MoonPay account. I am trying to send the funds to my external wallet, but receive the error message “Need Polygon to cover network fees” I tried depositing polygon from my Coinbase wallet into MoonPay, but it does not allow it. Am I doing something incorrectly?

kytt_EST

Yeah , MATIC and POL are the same thing according to my research.

ElbowDeep462

You sent a token to an exchange that doesn't support it and you're saying they're scamming you. THAT'S A LIE!! You said yourself that you want them to switch back to MATIC so it can be converted. That's you admitting wrongdoing. Admitting you tried to send MATIC when MATIC doesn't exist anymore, it's now POL. That's your negligence for not doing your research.

ElbowDeep462

Bro, any time there's a token migration, the people behind the token make it known and give you time to get things in order. If you knew about, and kept up with the tokens you invest in, instead of blindly investing, you'd have gotten the memo. This isn't a Kraken mistake, it's a you mistake. You tried to send an unsupported token to Kraken because you didn't DYOR. The DYOR rule is echoed throughout the crypto community from day one of your crypto journey. So now you want the whole system to revert back to MATIC for a hot second so you can go back and migrate it to POL, because once again, you didn't DYOR? And because they won't, you take to Reddit to spread lies and bash them? Completely asinine!

ElbowDeep462

https://etherscan.io/address/0x2572ffba6c3debd4f8c7ddb6c2e1ac453bf6dde6#tokentxns From what I can see the wallet still holds all of his POL with only a transfer in, no transfer out. Look into it and see what you can see.

ElbowDeep462

It's definitely named POL on Kraken has been for a while. Bro didn't do his own research. https://etherscan.io/address/0x2572ffba6c3debd4f8c7ddb6c2e1ac453bf6dde6#tokentxns check the wallet

ElbowDeep462

That's what I said. Kraken has always been great. So I when asked him about it and told him it would all be answered with a TXID. I looked into the TXID he send, and from what I can tell, it never left his wallet. https://etherscan.io/address/0x2572ffba6c3debd4f8c7ddb6c2e1ac453bf6dde6 This is his wallet, I got here from the initial TXID he sent me. He said the initial TXID was from the kraken transfer, but to me it looks like it's the TXID from transferring the POL into the wallet. I'm no expert, just a n00b, so maybe someone else can give it a look.

justletmesignupalre

The way I see it both have made mistakes. You: failed to keep up with MATIC news. Kraken didn't rename it to POL, the Polygon people changed the token to POL which now has a different contract address. There was a migration. I don't know if its still on but your MATIC tokens are useless unless you migrate to the new ones. You sent Kraken a token that is not supported anymore. Kraken: if they stated anywhere that they accepted MATIC tokens, then they failed to update all their websites and documentations. So they should, under this pretence, give you back the tokens.

Lufia321

It's extremely common, the scam tokens are used to trick you and scam all your crypto. It's more common on the BNB network and any network with cheap gas fees like POL or ARB. Other dust attacks are used to deanonymize you, usually governments will do this to track people not paying taxes on their crypto.

noviwu97

Crypto ATH send it your token still down 90% from ATH like POL/MATIC, maybe it's a sign that it's dead

coinfeeds-bot

tldr; Polygon's (POL) price has surged, nearing a critical resistance level, as its ecosystem shows strong growth. Key metrics include a 53% rise in NFT sales, a 6.35% increase in stablecoin supply to $2.6 billion, and a 10.9% boost in DeFi total value locked to $1.35 billion. The network's appeal lies in low transaction costs and fast execution, though competition from newer layer-2 platforms like Base and Arbitrum is growing. Technical indicators suggest further gains if POL surpasses $0.2620, with a potential target of $0.3858. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

nichijouuuu

Are we gonna get a SOLANA, MATIC (POL too), HBAR pump to go with it? How about my meme DOGE holdings 🤣

DryMyBottom

I have around 33k sats on the ZBD app (lighting network) that I would like to exchange for some other tokens on the POL or ARB chain. Do you know any service to trade P2P like that?

Gullible-Tie7535

POL turned out to be a Punjabi ponzi scam, the only winner is Sandeep and a few close friends.

decomposition_

I got so much discounted ETH, SUI, POL and BTC over the last few days

Own_Entertainment164

Many L-2's use ETH to pay for gas. These time we're in are still the ground floor with blockchain. So many projects, So many individuals, Everyone is looking to strike gold. Strong business will domestic the beast and pour pathways in this wild west. I suppose it depends on what sector of the market you're in. I see: BTC (payment currency) ETH [(EEA) 'Ethereum Alliance', A Major Ecosystem, Hub, or City] •L-2 ARB (Robinhood) •L-2 'OP' into 'Base' (Coinbase) •L-2 ZKsync (Masking Wallet address and Transactions amount) does use ETH for gas •L-2 POL (developments from Chase, Starbucks, & Disney) SOL (Major Hub) HBAR (Major Enterprise Coin) XRP (Bankers Coin) CHAINLINK (Cross-chain payment technology being used by companies like Visa, MasterCard, JP Morgan.) ---Let me know which ones you like or follow. And some information about it---

jwz9904

ALGO, DOT, LINK, POL, the OGs will have their days

vitaliy3commas

ETH, POL, and ATOM for me. Solid teams and clear use cases.

YVRBeerFan

POL

Winter-Fun-3208

If it’s not BTC or a top alt layer 1, don’t count on it coming back next cycle. I was in this very position last bull market. Didn’t sell most of my MATIC at the top because I wanted to minimise tax. Guess what? MATIC is now POL with significantly different tokenomics and is no where near its all time high.

decomposition_

I guess I meant based off current dollar value, but I’m mainly looking at SUI or POL for staking unless there’s a much better option

MichaelAischmann

I feel like I am beating the noise. From what I read in the daily, people either get sidelined for selling to soon or they are holding to many alts. I hodl BTC (ofc), ETH and a bit of POL but BTC is by far the largest part.

HSuke

It's really easy 1. Send POL directly to the Polygon PoS network 1. Convert your USDT to POL: https://polygon.technology/blog/swap-for-gas-get-matic-token-on-polygon-pos-in-a-flash

dxdifr

I've been suspecting POL is doing just this with their new contract.

qldvaper88

There is still MATIC tokens which are ERC-20 coins on the network. POL tokens now exist on the POL network. You can convert Matic to POL 1 to 1. I have both MATIC and POL. I assume it's something to do with that legacy. There is a point in the future a few years off where you will need to convert your MATIC to POL. It's all a bit annoying. POL is just a way less interesting name from a brand recognition perspective.

decomposition_

Huh, I’m not sure why my Coinbase still says MATIC for it instead of POL

Due-Inspection-5660

Polygon is its name but the ticker is POL - they changed it from MATIC a long time ago.

rsicher1

What's the shittiest coin you own and why is it POL?

random5654

I held MATIC for years, then transferred to POL for a loss. Waited a few more months and sold my POL for a loss as other options were returning profit. No regerts.

DistributionReal4936

While kind agree that bitcoin will outperform most of the altcoins, I will wait for another few months since we just started a altseason where the last 15 days altcoins are outperforming bitcoin. In my opinion it is likely to last a little bit longer (there were not extreme greed yet), then I will sell my bags which are not terrible because DCA with Twinvest (I am down 40% in POL, MATIC, TON y 30% in AVAX)

MichaelAischmann

I should have said POL & ETH instead of the networks. POL on Polygon & ETH on Arbitrum.

kirrreN

POL had its moment much earlier (ATH in 2021 or 2022). Dont want to throw money at it now

Square-Injury-5776

"POL" for sure is not polkadot. That's DOT

Square-Injury-5776

Well I've been holding SOL, XRP and doge as well. And usually bought in bear markets. So profits with all of those. The only two coins I hold I feel like are dead are POL and DOT. And that's what I mean even if "the fundamentals" are great is doesn't help the project if no one cares about it. And I don't know why that should change in the near future.

anjie_eth

Any amount of profit is better than no profit at all, better than roundtripping to another cycle. Some tokens will unlikely see their ATH from the previous cycle. Safe for Vaulta, SUI or POL that I'm keeping very close eyes on. And of course, except you're holding the top 10 blue chips.

ProlificAvocado

Anyone else thinking about harvesting losses on some Altcoins? I have some POL/MATIC that I held way past its due date with the intention of pulling it out at a loss when I draw profits from others down the line. Definitely not in any danger of it going up 300+% back to its ATH lol.

iceteka

Doesn't matter how great the polygon project is of there's no built in need for the POL token.

kironet996

Just looked at my small stash of OP, ARB, POL, METIS that I didn't sell in December, and I think that shit will never recover lol