POL Price Soars 5% As Polygon Undergoes Major Upgrade

Quick Summary:

POL, the native token of Polygon, experienced a 5% price surge following the network’s Ahmedabad upgrade, marking a significant step forward for the platform’s Proof-of-Stake (PoS) mainnet.

The update is expected to improve the experience of both developers and users, which in turn will increase the usage of the network.

This proposal gives a solution to the issue of re-trying failed state syncs, freeing up previously stuck bridge transactions and increasing the visibility of the operations of the network.

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Article Details

Author / Journalist: Kelvin Munene Murithi

Category: Crypto

Markets: India

Topics: Polygon 24/7 Cryptocurrency News POL MATIC price

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-26 @ 18:58:22 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 588 words

Reading Time: 4 minutes read

Sentences: 38 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22734637

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 19 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

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Publication Timezone: GMT +8:00

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Publisher ID: #59

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