[As of May 13, 2025, the local cryptocurrency of Polygon was trading around 0.258]
Despite intensifying market volatility, Polygon (POL) is still under active construction. The network is launching major upgrades, expected to redefine its future, including new tokens and infrastructure designed to make Ethereum (ETH) faster and cheaper.
Polygon (POL) prices have been consolidating sideways and show signs of downward pressure. Despite intensifying market volatility, Polygon is still under active construction.
The network is launching major upgrades that are expected to redefine its future, including new tokens and infrastructure designed to make Ethereum (ETH) faster and cheaper.
Polygon is best known as the "Layer 2" network of Ethereum. This means it helps Ethereum scale by leveraging its security. But now, Polygon has surpassed a single network.
Under its "Polygon 2.0" plan, Polygon is developing into a complete ecosystem connecting multiple chains, powered by a new technology called ZKEVM, the zero-knowledge Ethereum virtual machine. This technology promises to enable more efficient and safer transactions.
As part of this transition, the project moved from Matic tokens to a new token called POL. This new token will support more use cases, such as ensuring interoperability of multiple chains and participating in governance decisions.
Polygon recently launched the Agglayer Breakout program to incubate and launch high-impact blockchain projects. The graduation project allocates its token supply to POL holders through airdrops.
These projects are connected to Agglayer at startup, enhancing the network activity and value of POL tokens.
So, where will the price go?
Analysts have different opinions. Short-term forecasts are more cautious – CoinCodex predicts POL to reach only $0.27 next month, while Coinpedia predicts price of $0.47 next year.
However, long-term bulls like DigitalCoinprice see a brighter future, predicting POL will reach $3.91 by the end of 2025.
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