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.
Only time will tell whether it was worth it in the long run, but for now, what you described is true for an ordinary person who either looks after the developments of the situation or got the funds into it.
It could be done otherwise, but here we are.