The invention relates to a process and system for the continuous polymerization of one or more α-olefin monomers comprising the steps of: a) introducing catalyst and/or polymer from at least one loop reactor to at least one second reactor b) withdrawing fluids from the at least one second reactor c) cooling fluids comprising the withdrawn fluids with a cooling unit d) introducing the cooled fluids to a separator to separate at least part of the liquid from these fluids to form a liquid phase and a gas/liquid phase e) introducing the gas/liquid phase below to the reactor below a distribution plate f) introducing the liquid phase to a settling tank to separate liquid from fines that settle down in the settling tank g) introducing liquid from the settling tank upstream of the cooling unit, h) introducing the slurry comprising solid polymer particles from the settling tank to the at least one loop reactor.