Polygon (MATIC) Upgrades to POL Token in Major Transformation

This move marks a shift to a zero-knowledge Ethereum Virtual Machine (zkEVM) system and supports a network of application-specific blockchains.

Polygon (CRYPTO: POL) is currently undergoing a major transformation with the introduction of its upgraded token, POL, as part of the wider Polygon 2.0 roadmap.

This move shifts the protocol to a zero-knowledge Ethereum Virtual Machine (zkEVM) system and supports a network of application-specific blockchains. The upgrade is aimed at boosting scalability, utility, and decentralisation, which could have implications for long-term valuation.

As of early May 2025, POL trades at around $0.23, a far cry from its March 2024 peak of $1.29.

Source: CoinMarketCap

With price volatility high and new utility being built in, investors are now weighing whether the token can realistically reach $1 again within the year. The protocol’s success could also have broader implications for Layer 2 scaling solutions across the Ethereum network.

POL migration sparks new interest

The migration from MATIC to POL is a key part of Polygon’s upgrade, allowing the network to evolve through zkEVM chains and decentralised governance. POL will enable staking, community decision-making, and validation activities across Polygon’s ecosystem.

POL has seen a modest rebound, rising 2.88% to $0.23. The token reached its all-time high of $1.29 in March 2024 and saw a low of $0.1533 in April 2025.

The current price range indicates considerable uncertainty, with upcoming adoption metrics likely to shape the price direction.

POL price targets for 2025

The potential high for 2025 is set at $0.47181, while the projected low is $0.11795. The average estimate for the year is $0.29488.

According to CoinsForecast, the token’s success in reaching the upper end will depend on how quickly the new ecosystem gains traction. The shift to zkEVM architecture, alongside developer participation, could be a key growth driver.

suggest that by 2026, the token could reach a high of $0.75490 and a low of $0.18872. In 2027, the token might rise to $1.20784, and by 2028, it could hit $1.93254.

Finally, based on long-term adoption and scaling progress, CoinsForecast's price predictions for 2030 suggest a high of $4.94731.

Investment case remains mixed

Polygon’s 2.0 transition strengthens its technical capabilities, but the current trading price suggests that there are still adoption hurdles to clear. With zkEVM deployment and token migration now in progress, POL could attract interest from developers seeking to build scalable dApps.

Ultimately, POL’s journey to $1 in 2025 will hinge on the traction gained in its upgraded ecosystem and how it compares with other Layer 2 solutions. Close monitoring of gas fee savings, validator participation, and mainnet activity will be crucial in assessing future performance.