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Polygon CEO Sandeep Nailwal raises concerns that the community suggests reverting to MATIC

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November 27, 2025
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Polygon co-founder and CEO Sandeep Nailwal recommended on Wednesday to his followers whether or not the community ought to revert to its unique ticker, MATIC. He mentioned he was curious what the broader community thinks about the initiative.

Nailwal famous that the challenge continues to floor in the Polygon buying and selling community. He mentioned that the community thinks MATIC was a far stronger and extra acquainted ticker. The community’s co-founder additionally acknowledged that the ticker had historical past, recognition, and was caught in individuals’s minds.

Nailwal sees zero likelihood that exchanges will agree to the revert

Thought Experiment:

Again and again, I preserve listening to from people in the Polygon buying and selling community that MATIC was a far stronger and extra acquainted ticker — it had historical past, recognition, and caught in individuals’s minds.

So right here’s an trustworthy query: ought to we ask exchanges to revert simply…

— Sandeep | CEO, Polygon Basis (※,※) (@sandeepnailwal) November 25, 2025

Nailwal instructed the Polygon community that reverting the ticker to MATIC on exchanges is an excessive amount of churn. He maintained that the community has already migrated to POL and may stick to it. 

The agency’s CEO argued that a adequate variety of individuals are accustomed to the POL ticker, particularly in the X community. He revealed that the argument he retains getting is that native companies, which had been conscious of MATIC, surprise the place the digital asset went.

“The counter-argument I preserve getting is: the man in the Philippines operating a sari-sari retailer, or an Uber driver in Dubai, knew MATIC… and now he has no thought the place it went.”

–Sandeep Nailwal, Co-Founder and CEO of Polygon.

Nailwal added that one other debate he encounters is that initiatives shouldn’t be basing their choices on what the X community thinks. He argued that Crypto Twitter represents lower than 5% of the whole crypto buying and selling inhabitants.

Polygon’s CEO additionally disclosed that the recurring suggestions from the community made him interested by what the broader community thinks a couple of revert. He believes that there are zero ensures that exchanges will agree to the initiative, however nonetheless hinted that it is likely to be a major improve on their finish.

Crypto officers ponder the revert

Abhinav Mehta, head of partnerships at Mansa Finance, argued that the revert is pointless, saying that change doesn’t occur in a single day. He urged Nailwal not to double-think the determination. 

Mehta mentioned there’s no level in calling Polygon a series that went from one title to one other simply because others didn’t hear about it and ended up altering it again to the unique. One member of the Polygon community believes the community ought to do extra to promote POL, together with extra model offers to increase mainstream adoption.

President of Open Campus, Mo Ezeldin, said the early adopters and supporters of Polygon acknowledged the token as MATIC. He additionally famous that there hasn’t been a brand new wave of retail entrants into the POL ecosystem. Ezeldin believes that going again to the unique ticker would possibly truly be the play for the community.

Abdul Rafay Gadit, co-founder of ZIG Chain, acknowledged that MATIC had a unique vibe to it. He additionally argued that reverting the ticker wouldn’t resolve the community’s core drawback. He mentioned the outdated chart has already reset, and it received’t come again.

Peter Kim, a marketer at Coinbase, suggested that Nailwal ought to deal with advertising POL higher. He urged Polygon to begin by placing the POL ticker title in official Polygon X accounts. He additionally believes that relisting POL on Robinhood would possibly go a great distance in its recognition.

Polygon upgraded its PoS to POL in September 2024 as the native staking token. A yr later, the community introduced that the improve to MATIC had efficiently reached 99%. 

The agency maintained that the Polygon Portal interface nonetheless provides a 1:1 migration for customers nonetheless holding MATIC. Polygon revealed that the improve supplied extra utility to the community’s cross-chain ecosystem interoperability answer, Agglayer. 

Polygon additionally disclosed that the community’s PoS will quickly combine with Agglayer. The agency said that the initiative goals to deliver POL into the broader aggregated community.

At the time of publication, POL is buying and selling at $0.1367, up by roughly 1% in the final 24 hours. POL has additionally plummeted greater than 2.61% in the previous 7 days and almost 33% in the previous 30 days.

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