POL. formerly MATIC, is soaring after the Polygon CEO shared the chain’s vision for its Open Money Stack.
Ethereum Layer 2 network Polygon is leading the altcoin market today, with the POL token rallying 15% over the last 24 hours after CEO Marc Boiron shared the Polygon Foundation’s 2026 vision for the Open Money Stack.
The article, written by Polygon Foundation CEO Sandeep Nailwal and published by Boiron on X, outlines the chain’s vision for a full stack of onchain financial services aimed at expanding open and interoperable money.
The POL token is up 15% to $0.15 since the publication, extending its rally from $0.10 on Jan 1.
POL has been attempting to recover from its downtrend over the last couple of weeks, and is up 49% over the last 14 days; however, it’s still down 66% over the last year, and 75% from when it migrated from MATIC to POL.
When considering the MATIC price, POL is down 95% from its all-time high of $2.92.
In summary, the article highlights the benefits of onchain finance for business and retail users. However, it doesn’t share anything that differs from most blockchains’ visions for onchain finance, but goes on to say that “In the coming weeks, we’ll move decisively from vision to execution”, and that Polygon plans to “define the next thirty years of money movement over the next three years.”
