It seems there might be a confusion with "Pol token." Based on your request and the context, it’s possible you meant "Polkadot (DOT)" or "Polygon (POL)." Since you asked for "Pol token" and there’s no widely recognized token solely named "Pol," I’ll assume you intended "Polygon (POL)" due to its recent prominence and relevance. If you meant Polkadot (DOT) or another token, please clarify! Here’s the information for Polygon (POL):
Polygon (POL) Token: A Simple Guide
Polygon (POL) is the native token of the Polygon network, a layer-2 scaling solution for Ethereum that makes transactions faster and cheaper. Launched as an upgrade from MATIC in 2024, POL powers the Polygon ecosystem, including its Proof-of-Stake (PoS) chain and the Agglayer for cross-chain activity. Here’s all about POL in simple words:
What is POL Used For?
Gas Fees: Pay for transactions on the Polygon PoS chain.
Staking: Lock POL to secure the network and earn rewards as a validator.
Governance: Vote on updates and decisions for the Polygon ecosystem.
Trading: Buy, sell, or trade POL on Binance for profit.
Key Features:
Layer-2 Scaling: Speeds up Ethereum transactions and reduces costs.
Agglayer: Connects multiple blockchains for seamless data and value transfer.
Hyperproductive Token: Offers rewards for validating multiple chains and roles.
Cross-Chain Support: Works with Ethereum, Polygon PoS, and other networks.
Token Details:
Total Supply: 10 billion POL (max cap).
Circulating Supply: ~6.26 billion (as of June 2025).
Market Cap: ~$4.8 billion, ranking ~#50 globally.
Price: ~$0.77 (check Binance for live prices).
Fun Facts:
Replaced MATIC in 2024, with a smooth transition for users.
Supports over 100,000 dApps, including gaming and DeFi projects.
Listed on Binance with trading pairs like POL/USDT.
Aims to create a unified, high-speed multi-chain world.
POL is a powerhouse for fast, scalable crypto transactions, perfect for DeFi and gaming fans. It’s a solid choice with growing potential!
