Also, POL upgrade makes it even worse because it's going to dilute the supply of tokens. And it's not just a "name change." I expect the price to go down even deeper.
yes, after the Polygon 2.0 upgrade, they expected the new $POL token to improve revenue and scalability, but its value has dropped significantly. Although $POL is live, it hasn’t gained much traction yet.
This upgrade is an important move for Polygon 2.0, but despite the technical improvements, the results so far have been disappointing.