Tl;dr september 4th is the expected mainnet date for the matic → pol upgrade as the upgrade to matic, in the initial phase, pol will become the gas and staking token of polygon pos in subsequent phases, the community can decide to expand the utility of pol to serve a crucial role in the agglayer holders of matic on polygon pos won’t have to take any action holders of matic on ethereum. Polygon (pol, formerly matic) is going through a significant crisis as the aavedao is set to vote on a proposal to leave the blockchain due to security concerns Polygon has officially transitioned from its old network token, matic, to a new token called pol
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This upgrade, which took effect on september 4, 2024, represents a major step in polygon’s evolution and aims to enhance its blockchain ecosystem
What is the pol upgrade
A spike in onchain activity may be a sign that polygon’s matic token may be ready for revival, according to santiment.