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Cryptocurrency News Articles

Waiting for the Rebound of Polygon’s POL Token

May 15, 2025 at 04:54 pm

Despite intense activity on the technical front, the Polygon token (POL), formerly known as MATIC, is still struggling to convince investors.

Waiting for the Rebound of Polygon’s POL Token

The fate of Polygon's (POL) token is still uncertain, despite the hectic technical activity. At $0.258 on May 13, 2025, its price is still far from the all-time highs.

Yet, Polygon is not letting up in its efforts to evolve its infrastructure. The network is rolling out its "Polygon 2.0" strategy, concentrating on a promising new technology: zkEVM (Zero-Knowledge Ethereum Virtual Machine). At the same time, Polygon is migrating its former MATIC token to the new POL, opening the door to new use cases.

Recently, Polygon launched the Agglayer Breakout program to incubate and deploy high-impact blockchain projects. The idea? To allocate 5 to 15% of the tokens from incubated projects in an airdrop to POL stakers, boosting network activity and the token's value.

This adoption strategy seems to be paying off. Projects integrated into Polygon's Agglayer benefit from immediate connection to its infrastructure, fostering a virtuous cycle around POL.

As for the price predictions, they vary widely. In the short term, forecasts are mixed, with a target of around $0.27 within a month according to CoinCodex, and $0.47 within a year according to Coinpedia.

In the long term, more optimistic experts like DigitalCoinPrice estimate that POL could reach $3.91 by the end of 2025, provided that the adoption of zkEVM and the multiple chains in the Polygon ecosystem really takes off.

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Other articles published on Jun 14, 2025