Polygon Proposes One Token for All Chains in 2.0 Roadmap

Polygon’s team introduced a 2.0 roadmap last month, an initiative to create a unified network of multiple chains. As part of this initiative, Polygon researchers submitted a new proposal to create a new token, POL, which would replace MATIC and act as a single token for all Polygon networks.

Why Polygon (MATIC) Is Exploding Higher

Polygon (CRYPTO: MATIC) is trading higher by 12.31% to $0.80 Thursday afternoon. Shares of several altcoins are trading higher after a U.S. judge has determined that Ripple’s sales of the XRP token do not constitute an offer of investment contracts.

Polygon Price Prediction – Can MATIC Recover To $1?

The MATIC token’s price outlook suggests a mixed possibility of further upward movement and potential for a price decline. While the token’s price experienced an uptrend three days back, several factors indicate a potential resistance and a possible fall from its current position.