MATIC Set For Rebranding In Early September: Will Polygon Prices Recover After Sinking 65%?

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MATIC Set For Rebranding In Early September: Will Polygon Prices Recover After Sinking 65%? - NewsBTC

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Related Reading: Crypto Analyst Unveils Six Super-Cycle’ Tokens Primed For Massive 1000x Price Explosion The rebranding will be a pivotal shift for Polygon, making a stage in which the platform introduces new utilities to POL as they look to grow and further innovate, primarily by scaling Ethereum.

MATIC, the native token of the Ethereum sidechain Polygon, has had it rough in the past five months.After soaring above $1.2 in March, the token has been in freefall, dumping over 65%.

The Rebranding Of MATIC To Polygon Polygon is evolving, and after the rebranding from the Matic Network, MATIC, the native token, will be relaunched as POL.