Key Takeaway
Why is Coinbase delisting MATIC?
Polygon has totally transitioned to its new ecosystem token, POL, marking the top of MATIC’s lifecycle.
What’s subsequent for holders?
All MATIC on Coinbase will mechanically convert to POL at a 1:1 ratio from 14 October, finishing Polygon’s migration.
Coinbase has announced that it’s going to completely disable Polygon [MATIC] buying and selling on 14 October 2025. The transfer completes the community’s year-long migration to the Polygon Ecosystem Token [POL]. In accordance to the change, all remaining MATIC balances on its platform will likely be mechanically transformed to POL at a 1:1 ratio.
Coinbase finalizes MATIC phase-out
The change can even pause MATIC send-and-receive capabilities between 14 and 18 October. This gives customers with a window to switch their tokens to self-custody wallets earlier than the conversion begins.
This transfer makes Coinbase one of many final main exchanges to implement the token swap, following a collection of phased transitions throughout the trade.
The delisting alerts the top of MATIC’s run as Polygon’s main asset, formally handing the reins to POL as the ecosystem’s new governance and staking token.
Polygon’s near-complete migration
Polygon Labs confirmed on 3 September 2025 that 99% of all MATIC on its community had efficiently migrated to POL. This highlights the extent of transition because the official improve in September 2024.
The shift to POL varieties the spine of the Polygon 2.0 roadmap, which unifies all Polygon chains underneath a single ecosystem, enabling cross-chain coordination by means of zero-knowledge proofs and modular staking.
Polygon’s recent Rio upgrade, dubbed “payments-focused rehaul,” rolled out this week, additional strengthening this framework.
The improve introduces validator staking enhancements, cross-chain interoperability instruments, and enhanced scalability options, setting the muse for broader adoption throughout DeFi and enterprise purposes.
Market struggles regardless of technical milestones
Regardless of regular progress on the community aspect, POL’s worth has but to replicate the ecosystem’s progress.
Information from TradingView exhibits that POL has declined roughly 40.5% because the MATIC-to-POL transition started in September 2024.
Supply: TradingView
On the time of writing, POL trades at $0.2273, down 3.7% within the final 24 hours. The token’s Relative Power Index (RSI) at 41.6 suggests muted shopping for stress, with merchants remaining cautious amid broader market uncertainty.
The selloff follows a interval of consolidation that started in late August, throughout which the token struggled to keep momentum regardless of elevated validator participation and increasing ecosystem help.
