But one thing is just uncertain to me since the new upgrade is going to introduce the Pol token as the new official native token, which will be used to cover up all polygon transaction fees. I think the demand for matic is absolutely going to decline when that starts. As we all know, matic being the native token for the network is part of the reason why its price is pumping.
All that matters is that Matic will be migrated to Pol. Any Matic holder can swap it for the new currency on a 1:1 basis. Pol will be the native currency for staking and fees for the Polyon PoS network, which will positively affect functions, governance, and expansion, limiting the supply of 10 billion. The success of POL's price growth depends on the success of this upcoming upgrade after a month and whether it will increase demand and attract investors to the Polygon network.
As for me, I am one of Matic's investors and have long-term confidence in it. With these major developments that will provide solutions for network improvement, I am optimistic about its future and don't see reaching a dollar as difficult. And each person has his own expectations and research regarding his vision.