Polygon's new asset, POL, experienced a significant spike in price after being listed on major exchanges like Binance, OKX, Bybit, and Upbit. The price jumped from $0.377 to $0.43 before stabilizing at around $0.41. Binance's POL/USDT pair accounted for 33% of the token's trading volume, with other exchanges like Bybit, OKX, and Gate.io making up 15% combined. POL trading is also available in fiat pairs such as Turkish Liras, Brazilian Rials, USD, EUR, and Korean Won. Coinbase has finalized the token upgrade for Polygon, marking a significant milestone for the PoS ecosystem. POL will serve as the gas token for Polygon's upcoming ecosystem of interconnected blockchains.
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