Polygon’s native cryptocurrency, POL, is trading around $0.258 as of May 13, 2025 — still far from its all-time highs and struggling to gain strong upward momentum.
Despite the prevailing market volatility, Polygon (POL) has been focused on substantial developments. The network is aggressively rolling out significant upgrades intended to restructure its future, which includes introducing a new token and enhancing infrastructure aimed at making Ethereum (ETH) faster and cheaper. These upgrades could be pivotal in how Polygon positions itself in the ever-evolving landscape of blockchain technology.
Polygon is often recognized as a pioneering “Layer 2” network for Ethereum. This designation means that it facilitates the scaling of Ethereum by processing activities off the primary blockchain while still leveraging Ethereum’s robust security features. To diversify its capabilities, Polygon is now broadening its scope beyond just supporting Ethereum. The project aims to expand into a multifaceted ecosystem of interconnected chains under its innovative vision known as “Polygon 2.0.”
At the heart of this evolution is a groundbreaking technology called zkEVM — the zero-knowledge Ethereum Virtual Machine. This technology is set to enable more efficient and secure transactions, potentially revolutionizing how users interact with blockchain networks. As Polygon steps into this new era, the implementation of zkEVM may enhance privacy and scalability, addressing some of the fundamental concerns users have about current blockchain systems.
As part of its strategic overhaul, Polygon has transitioned from its former MATIC token to the newly minted POL token. This migration is more than just a rebranding; it positions POL to support a wider array of utility functions, including the ability to secure multiple chains and engage in governance decisions. Such a shift highlights Polygon’s ambition to create a more versatile and user-centric ecosystem within the blockchain universe.
In addition to the token migration, Polygon has launched the Agglayer Breakout Program, designed to incubate and develop impactful blockchain projects. Notably, graduated projects in this program allocate between 5% to 15% of their token supply to POL stakers via airdrops. This initiative not only fosters innovation within the ecosystem but also enhances the overall activity and valuation associated with the POL token. As these projects connect with Agglayer upon their launch, they promise to amplify network engagement and reward early-stake participants.
So, where could the price go?
Price predictions for POL indicate a spectrum of expectations among analysts. In the short term, views tend to be cautious. For instance, CoinCodex forecasts that POL might only reach approximately $0.27 by next month, echoing a general sentiment of stability amid fluctuating conditions. Conversely, Coinpedia predicts a slightly more optimistic outlook, suggesting the price could peak at $0.47 over the next year.
On the other hand, long-term optimists are considerably more bullish. DigitalCoinPrice, for example, foresees a much brighter horizon, predicting that POL could soar to around $3.91 by the end of 2025, contingent upon a significant increase in user adoption and network utilization. This divergence in outlooks encapsulates the uncertainty and excitement surrounding the rapidly changing dynamics of the cryptocurrency market, especially for a project as innovative as Polygon.