Polygon’s POL token rose more than 6% ahead of the network’s major Heimdall v2 upgrade set to take place on July 10.
According to The Block’s price page, POL gained 6.2% in the past 24 hours, trading at $ 0.20 at the time of writing. POL has a market capitalization of $1.8 billion.
POL outperformed the broader crypto market, with The Block’s GMCI 30 index, which measures the performance of the top 30 cryptocurrencies, gaining 1.7%.
The Polygon network is expected to run its Heimdall v2 migration on July 10, which would be “the most technically complex hard-fork Polygon PoS has seen since its launch in 2020,” said Polygon Foundation CEO Sandeep Nailwal in a Tuesday post on X.
The upgrade is expected to shed its old technical debt from the 2018 to 2019 era and shorten finality to about five seconds, according to Nailwal.
Polygon previously noted that the estimated time for script execution (excluding potential troubleshooting or preparation) would be roughly 30 minutes on the mainnet.
“Most validators have already upgraded but in case you haven’t yet, test early, spread the word, and ping us if you hit snags,” said Nailwal.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Trade Crypto On Coinhub Exchange
Trade Crypto On Coinhub Exchange
Stay ahead of the market by turning news insights into trading opportunities. With Coinhub Exchange, you can seamlessly buy, sell, and manage your digital assets, all in one secure platform. Take advantage of real-time market insights, deep liquidity, and fast execution for your favorite cryptocurrencies. Don’t just read about it — trade crypto now!
Disclaimer
The content of this article shown by Coinhub News, powered by The Block, is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. Coinhub News and its affiliates are not a licensed financial advisor, legal advisor, broker, or tax advisor, and ... should not be considered as professional advice or a recommendation to engage in any specific investment, legal decision, or financial transaction. Cryptocurrency markets are highly speculative and volatile. Readers should perform their own independent research and consult with a qualified professional before making any financial or legal decisions. The opinions expressed in this article are those of the author and do not necessarily represent the views or opinions of the Company of its affiliates. Additionally, the Company does not make any representations or warranties regarding the accuracy, timeliness, reliability, or completeness of any information in this article. By accessing this content, you acknowledge that any reliance on the information contained in this article is solely at your own risk. The Company is not responsible for any financial losses, legal disputes, or other damages that may arise from reliance on this content or from any investment or legal decisions based on the information provided. Investing in cryptocurrencies involves substantial risks, including the risk of losing your entire investment, and you should carefully consider whether it is appropriate for your circumstances.
Read more
