Token migration refers to the process of moving tokens from one blockchain network to another or switching from one token standard to another. This often occurs when a project seeks to improve functionality, enhance security, or achieve scalability.For example, a project initially based on Ethereum’s ERC-20 token standard might switch to a more advanced platform, like Binance Smart Chain, for lower transaction fees or faster processing times. In such cases, users usually need to exchange their old tokens for new ones following specific protocols set by the project team.Token migration can also happen during major upgrades or transitions, often accompanied by new features or enhancements. Proper planning and communication are essential to ensure that holders understand the process and can successfully migrate their tokens without losing value.Overall, token migration is a strategic move for many projects as they evolve and adapt to the changing needs of their communities and technological advancements.