2026-01-06 12:29:16

The awkward situation after POL's rebranding: market capitalization plummeting, how will the project team turn the tide?

Since POL (formerly MATIC) changed its name, the market response has been underwhelming. From its peak to now, the decline has been significant, and the project team has started to get anxious — recently, they threw out the token burn strategy, hoping to reverse the situation by adjusting the supply.

But the problem is, POL's original mission was to ease the pressure on Ethereum. Now, Ethereum itself is upgrading, and Layer 2 competition is becoming increasingly fierce. The once "only solution" seems to have lost some of its shine. Various alternative solutions emerging in the ecosystem are also eyeing the space, gradually squeezing POL's room for growth.

In the short term, the token burn move might attract some market attention and create trading opportunities. But if you evaluate the long-term prospects? Technical positioning cooling off, reshaping of the competitive landscape — these are serious issues. Participants still need to understand their risk tolerance clearly and not be blinded by short-term volatility — the variables in this sector are too great.

POL18,67%

ETH0,81%

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WagmiWarrior

· 01-08 05:07

Just changing the name and that's it? I've seen too many tricks like token burning, so it's no surprise if this one works out. You haven't even figured out the repositioning, and you're still trying to play with supply tricks. Wake up. Layer 2 is everywhere now, and POL is still dreaming.

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LuckyBlindCat

· 01-07 15:51

Just changing a name to turn things around? That's a bit hasty, still using the old trick of token burning. Honestly, POL is now in an awkward position; once a top contender, now repeatedly crushed by a bunch of Layer2 solutions. Avoid short-term fluctuations; you really can't afford to gamble on this track.

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AirdropAutomaton

· 01-06 12:49

Renaming this move is really outrageous; token burning is just a superficial fix and doesn't address the root cause. Ethereum has already upgraded itself, who still relies on you to relieve pressure? POL is now caught in the middle, Layer2 has turned into a messy porridge, and its position is becoming increasingly awkward. Short-term profit-taking is fine, but if you want to hold long-term? I can't see any prospects. This track is too unpredictable; you still need to be aware of that. Honestly, I still have some feeling for the MATIC era, but after the renaming, it’s purely hype. Token burning is an old trick; the market has long been immune to it. It's better to think more about ecosystem development—how can just burning coins attract developers?

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NftBankruptcyClub

· 01-06 12:48

Renaming can't change fate; destroying tokens is just the last struggle before cutting the leeks. Polygon was once glorious, but now there are a bunch of competitors, it's a miracle if it can turn around. Short-term hype is hype, but in the long run, it's still about technology and ecosystem—if either drops off, it's over. Don't just look at the destruction data; you should see if the ecosystem still has people building. If you really want to participate, you can, but be prepared to lose—not every L2 can survive until the end.

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ser_we_are_early

· 01-06 12:41

Renaming disaster model, destroying tokens just to stop the bleeding? Laughable, layer2 has long been competing fiercely to the horizon --- Changing matic to pol is like renaming to change fate, but it actually did change... keep changing further --- The tactic of token burning is played out, the real issue is that ETH itself is iterating, so why is pol still lying back and counting money --- Short-term speculation opportunities do exist, but brothers who dare to go all in should be prepared to lose everything down to their underwear --- Honestly, the space for pol has indeed been squeezed out, this wave might really depend on who catches the last baton

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