• bitcoinBitcoin (BTC) $ 112,658.00
  • ethereumEthereum (ETH) $ 4,106.49
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 1,206.14
  • xrpXRP (XRP) $ 2.48
  • solanaSolana (SOL) $ 199.41
  • usd-coinUSDC (USDC) $ 0.999809
  • staked-etherLido Staked Ether (STETH) $ 4,099.28
  • dogecoinDogecoin (DOGE) $ 0.202937
  • tronTRON (TRX) $ 0.315293
  • cardanoCardano (ADA) $ 0.694891
  • wrapped-stethWrapped stETH (WSTETH) $ 4,989.33
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 4,422.30
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 112,660.00
  • chainlinkChainlink (LINK) $ 18.90
  • figure-helocFigure Heloc (FIGR_HELOC) $ 0.995607
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • wrapped-eethWrapped eETH (WEETH) $ 4,426.36
  • stellarStellar (XLM) $ 0.333845
  • hyperliquidHyperliquid (HYPE) $ 39.42
  • bitcoin-cashBitcoin Cash (BCH) $ 534.06
  • suiSui (SUI) $ 2.80
  • avalanche-2Avalanche (AVAX) $ 22.61
  • wethWETH (WETH) $ 4,103.54
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • leo-tokenLEO Token (LEO) $ 9.63
  • usdsUSDS (USDS) $ 0.999829
  • hedera-hashgraphHedera (HBAR) $ 0.186280
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 112,707.00
  • usdt0USDT0 (USDT0) $ 1.00
  • litecoinLitecoin (LTC) $ 97.57
  • mantleMantle (MNT) $ 1.98
  • shiba-inuShiba Inu (SHIB) $ 0.000011
  • whitebitWhiteBIT Coin (WBT) $ 42.75
  • the-open-networkToncoin (TON) $ 2.29
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.20
  • moneroMonero (XMR) $ 308.98
  • crypto-com-chainCronos (CRO) $ 0.163090
  • polkadotPolkadot (DOT) $ 3.23
  • daiDai (DAI) $ 1.00
  • bittensorBittensor (TAO) $ 459.05
  • uniswapUniswap (UNI) $ 6.75
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.144214
  • zcashZcash (ZEC) $ 234.94
  • aaveAave (AAVE) $ 251.50
  • okbOKB (OKB) $ 180.51
  • memecoreMemeCore (M) $ 2.04
  • bitget-tokenBitget Token (BGB) $ 4.84
  • pepePepe (PEPE) $ 0.000007
  • ethenaEthena (ENA) $ 0.432875
  • nearNEAR Protocol (NEAR) $ 2.46
  • aster-2Aster (ASTER) $ 1.45
  • jito-staked-solJito Staked SOL (JITOSOL) $ 246.63
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • susdssUSDS (SUSDS) $ 1.07
  • aptosAptos (APT) $ 3.65
  • ethereum-classicEthereum Classic (ETC) $ 16.75
  • paypal-usdPayPal USD (PYUSD) $ 0.999985
  • c1usdCurrency One USD (C1USD) $ 1.00
  • ondo-financeOndo (ONDO) $ 0.794282
  • binance-peg-wethBinance-Peg WETH (WETH) $ 4,119.46
  • falcon-financeFalcon USD (USDF) $ 0.998542
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.57
  • story-2Story (IP) $ 6.60
  • worldcoin-wldWorldcoin (WLD) $ 0.955158
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.200435
  • binance-staked-solBinance Staked SOL (BNSOL) $ 214.11
  • gatechain-tokenGate (GT) $ 16.13
  • internet-computerInternet Computer (ICP) $ 3.55
  • htx-daoHTX DAO (HTX) $ 0.000002
  • kucoin-sharesKuCoin (KCS) $ 14.32
  • arbitrumArbitrum (ARB) $ 0.340753
  • usdtbUSDtb (USDTB) $ 1.00
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,693.89
  • algorandAlgorand (ALGO) $ 0.203647
  • pi-networkPi Network (PI) $ 0.214550
  • hash-2Provenance Blockchain (HASH) $ 0.035134
  • chainopera-aiChainOpera AI (COAI) $ 8.72
  • bfusdBFUSD (BFUSD) $ 1.00
  • cosmosCosmos Hub (ATOM) $ 3.48
  • vechainVeChain (VET) $ 0.019106
  • wbnbWrapped BNB (WBNB) $ 1,210.77
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 4,331.29
  • kaspaKaspa (KAS) $ 0.060460
  • tether-goldTether Gold (XAUT) $ 4,150.47
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 39.44
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 4,328.50
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.024646
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 4,420.11
  • render-tokenRender (RENDER) $ 2.82
  • skySky (SKY) $ 0.062047
  • flare-networksFlare (FLR) $ 0.018959
  • pump-funPump.fun (PUMP) $ 0.004075
  • sei-networkSei (SEI) $ 0.223829
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 112,914.00
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 4,350.27
  • pax-goldPAX Gold (PAXG) $ 4,155.54
  • official-trumpOfficial Trump (TRUMP) $ 6.28
  • bonkBonk (BONK) $ 0.000016
  • nexoNEXO (NEXO) $ 1.22
  • pancakeswap-tokenPancakeSwap (CAKE) $ 3.47
  • jupiter-exchange-solanaJupiter (JUP) $ 0.372667
  • syrupusdcSyrup USDC (SYRUPUSDC) $ 1.13
  • filecoinFilecoin (FIL) $ 1.67
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 112,665.00
  • spx6900SPX6900 (SPX) $ 1.21
  • immutable-xImmutable (IMX) $ 0.573473
  • xdce-crowd-saleXDC Network (XDC) $ 0.060358
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.996638
  • mantle-staked-etherMantle Staked Ether (METH) $ 4,419.28
  • morphoMorpho (MORPHO) $ 1.92
  • doublezeroDoubleZero (2Z) $ 0.285933
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 228.41
  • celestiaCelestia (TIA) $ 1.15
  • injective-protocolInjective (INJ) $ 9.54
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 112,924.00
  • solmevSolMev (SN116) $ 2,398.72
  • clbtcclBTC (CLBTC) $ 115,168.00
  • fasttokenFasttoken (FTN) $ 2.02
  • lido-daoLido DAO (LDO) $ 0.958022
  • optimismOptimism (OP) $ 0.479002
  • ripple-usdRipple USD (RLUSD) $ 0.999868
  • blockstackStacks (STX) $ 0.467264
  • msolMarinade Staked SOL (MSOL) $ 265.72
  • curve-dao-tokenCurve DAO (CRV) $ 0.589842
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.320274
  • plasmaPlasma (XPL) $ 0.448242
  • aerodrome-financeAerodrome Finance (AERO) $ 0.887554
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,932.20
  • ousgOUSG (OUSG) $ 112.92
  • global-dollarGlobal Dollar (USDG) $ 0.999991
  • sonic-3Sonic (S) $ 0.199405
  • the-graphThe Graph (GRT) $ 0.069454
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 4,104.63
  • flokiFLOKI (FLOKI) $ 0.000074
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.85
  • pyth-networkPyth Network (PYTH) $ 0.123410
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.997654
  • havvenSynthetix (SNX) $ 1.97
  • saros-financeSaros (SAROS) $ 0.257134
  • kaiaKaia (KAIA) $ 0.112686
  • tbtctBTC (TBTC) $ 112,572.00
  • tezosTezos (XTZ) $ 0.618175
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 4,108.49
  • ether-fiEther.fi (ETHFI) $ 1.23
  • aethirAethir (ATH) $ 0.044507
  • stader-ethxStader ETHx (ETHX) $ 4,396.65
  • gtethGTETH (GTETH) $ 4,117.97
  • newton-projectAB (AB) $ 0.007595
  • pendlePendle (PENDLE) $ 3.66
  • iotaIOTA (IOTA) $ 0.150287
  • conflux-tokenConflux (CFX) $ 0.117095
  • myx-financeMYX Finance (MYX) $ 3.17
  • usdaiUSDai (USDAI) $ 1.03
  • beldexBeldex (BDX) $ 0.079325
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.39
  • dogwifcoindogwifhat (WIF) $ 0.575908
  • theta-tokenTheta Network (THETA) $ 0.569928
  • dashDash (DASH) $ 45.29
  • ethereum-name-serviceEthereum Name Service (ENS) $ 16.97
  • galaGALA (GALA) $ 0.011998
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 4,514.70
  • usual-usdUsual USD (USD0) $ 0.999076
  • the-sandboxThe Sandbox (SAND) $ 0.224627
  • swethSwell Ethereum (SWETH) $ 4,495.21
  • starknetStarknet (STRK) $ 0.126475
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 4,411.42
  • raydiumRaydium (RAY) $ 2.00
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 112,573.00
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.815837
  • jasmycoinJasmyCoin (JASMY) $ 0.010860
  • rna-2RNA (SN117) $ 4,708.96
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.203629
  • decentralandDecentraland (MANA) $ 0.270875
  • bittorrentBitTorrent (BTT) $ 0.00000052
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.34
  • swissborgSwissBorg (BORG) $ 0.519831
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • vaultaVaulta (A) $ 0.313679
  • astherus-staked-bnbAster Staked BNB (ASBNB) $ 1,278.55
  • true-usdTrueUSD (TUSD) $ 1.00
  • arbitrum-bridged-wrapped-eethArbitrum Bridged Wrapped eETH (Arbitrum) (WEETH) $ 4,419.61
  • steakhouse-usdc-morpho-vaultSteakhouse USDC Morpho Vault (STEAKUSDC) $ 1.10
  • usddUSDD (USDD) $ 1.00
  • flowFlow (FLOW) $ 0.295955
  • bridged-usdc-polygon-pos-bridgePolygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999801
  • syrupMaple Finance (SYRUP) $ 0.427904
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999822
  • zero-gravity0G (0G) $ 2.20
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 4,087.86
  • sun-tokenSun Token (SUN) $ 0.024132
  • ai-companionsAI Companions (AIC) $ 0.458210
  • jito-governance-tokenJito (JTO) $ 1.16
  • bitcoin-svBitcoin SV (BSV) $ 22.57
  • frax-etherFrax Ether (FRXETH) $ 4,068.24
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 4,102.71
  • crvusdcrvUSD (CRVUSD) $ 1.00

6.50 Billion MATIC Tokens Migrated to POL

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6.50 Billion MATIC Tokens Migrated to POL

As of today, Polygon has successfully migrated 6.50 billion MATIC tokens to POL, marking a significant milestone in the network’s transition plan.

This brings the total conversion rate to 64.8%, a key indicator of progress in the shift from MATIC to POL as Polygon’s native token.

POL Migration: 6.50 Billion MATIC Transferred

The MATIC migration process began on September 4, 2024, and is a core part of the Polygon 2.0 roadmap. First discussed in mid-2023, this upgrade was designed to enhance the network’s scalability, security, and overall functionality.

POL replaces MATIC as the token for gas fees and staking, offering additional features like multi-chain staking. It is expected to improve network security by allowing staking across multiple chains in the Polygon ecosystem.

The switch has sparked significant activity among traders, with many swapping their MATIC tokens for POL, particularly given the tokens’ 1:1 conversion rate. Tom Wan, a strategist at 21.co, said that on September 10 alone, over 1 billion tokens were migrated, bringing the total sum to 6.50 billion tokens.

“1 billion MATIC has been migrated to POL today, pushing the migration ratio to 64.8%,” Wan affirmed.

6.50 Billion MATIC Tokens Migrated to POL

Polygon Migration Progress. Source: Dune

POL’s broader utility makes it more appealing to investors. It offers features that MATIC did not, such as enhanced governance controls and fee generation from multiple sources. These factors make POL more attractive to long-term holders.

“Unlike MATIC, which was mainly used for staking and gas fees, POL brings enhanced features like multi-chain staking, allowing users to stake across different chains in the Polygon network. This feature improves network security and offers new opportunities for earning fees, making POL much more attractive,” Brian Quinlivan, lead analyst at Santiment, said.

However, the transition has not been without confusion, especially for retail traders concerned about how the change impacts their portfolios. While the Polygon team has provided detailed steps to guide users through the process, social media influencers have also helped clarify the migration’s implications.

As the migration continues, MATIC will be gradually phased out, giving users ample time to adjust to POL.

Source

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