Reports have disclosed that Polygon closed the final quarter of 2025 with higher on-chain usage, driven by payments, stablecoin transfers, and tokenized assets. Related Reading: Crypto Could Bounce Soon As Fundamentals Firm Up, Tom Lee Says While traders watched MATIC drift inside a narrow range, activity on the chain told a different story, one focused on payments, stablecoins, and quiet institutional adoption rather than price momentum. Polygon Payments Use Grows Faster Than Prices According to Messari’s Q4 network review released on January 4, Polygon processed heavy payment traffic as fees stayed low and settlement times remained short. More than 50 apps built for payments handled about $3.50 billion in transfers during the quarter. That figure was 96% higher than the prior quarter and close to four times the level seen a year earlier. Stablecoin-linked cards added another layer of activity. Ten card programs together moved nearly $363 million using Mastercard and Visa rails, with Visa responsible for the larger share. Reports say this growth came from everyday spending rather than one-off events, a sign that Polygon is being used for routine transfers instead of short-term experiments. Beyond card payments, several firms expanded how they move money on the chain. DeCard allowed users to pay with USDC and USDT at a wide range of merchants. Flutterwave chose Polygon for cross-border business payments in 30 African countries. Revolut integrated cheap stablecoin transfers inside its app, while Stripe continued building subscription tools that rely on USDC. None of those moves grabbed market headlines, yet together they pushed steady volume through the network. Tokenized Assets Gain Ground Quietly Away from payments, tokenized real-world assets continued to stack up. Reports note Polygon ended Q4 with nearly $1.10 billion in RWAs, ranking ninth worldwide. Growth was driven less by retail hype and more by regulated structures. Stablecoin supply climbed to nearly 3 billion, led by USDC at $1.34 billion and DAI near $630 million. Latin America stood out as a key region, where non-USD stablecoin volume totaled $1.18 billion. Average daily DEX volume jumped 44% to a little over $200 million. MATICUSD trading at $0.19 on the 24-hour chart: TradingView MATIC Trades Sideways As Activity Builds MATIC’s price action stayed restrained despite the on-chain growth. The token slipped back from short-term resistance during broader market weakness and then stabilized as buyers defended key support zones. Related Reading: Russia’s Biggest Exchange To Launch XRP Indices And Futures Deeper losses were avoided, but strong upside moves failed to appear. Volume has yet to confirm a shift in trend. For now, Polygon shows rising use across payments and tokenized assets, while its token waits for a clearer signal from traders. Featured image from Unsplash, chart from TradingView
Polygon (POL) is approaching a critical juncture around the $0.28 mark, where recent momentum meets key resistance. The coming sessions could determine if buyers can push past this level for a breakout or if a pullback toward support near $0.26 will set the stage for consolidation. Polygon Uptrend Faces Resistance At $0.28 GemXBT, in a recent update shared on X, highlighted that Polygon has been trending upward, showing encouraging strength in its recent performance. However, the chart now reveals that the price is approaching a crucial resistance level at $0.28, while finding strong support around $0.26. Related Reading: Last Chance For Polygon As Crypto Analyst Predicts MATIC Price Will Surge Above $1 Again From a technical perspective, the MACD has flashed a bearish crossover, which often signals fading momentum or the possibility of a short-term correction. This development suggests that bulls may need to exert more pressure to sustain the uptrend and push through the $0.28 resistance. Adding to this cautious tone, the RSI is moving downward, indicating weakening buying pressure. If the indicator continues to fall, a dip toward the $0.26 support area could be on the cards before any attempt at a fresh rebound. Interestingly, volume spikes have consistently aligned with price peaks, which signals heightened interest and activity whenever POL approaches key levels. This dynamic underscores the importance of monitoring these technical zones closely, as they could set the stage for either a decisive breakout above resistance or a corrective pullback to retest lower supports. Key Decision Point: Rally Continuation Or Healthy Reset? According to OLUWANIFEMI, Polygon is currently trading at $0.2778, marking an impressive 13.82% gain over the last 24 hours, indicating strong momentum. Building on this, OLUWANIFEMI highlights that the price action is right around the $0.280 resistance zone, which is shaping up to be a critical level for the next move. In his view, if buyers manage to maintain control and push past this barrier with convincing volume, the setup could pave the way for a further breakout to the upside. Related Reading: Polygon Eyes 2x Upsurge From Broadening Wedge Pattern However, he also cautions that not all signals point to immediate strength. Should momentum begin to fade, the expert anticipates a healthy pullback toward the $0.260 support region. A retest of this level, he emphasizes, would not necessarily harm the broader trend but could instead provide the market with room to reset before the next upward leg. Concluding his outlook, the analyst stresses that this makes the current zone particularly important to monitor. Whether Polygon breaks higher or dips into consolidation, he claims sharp traders will be watching closely to position themselves for the next significant move in either direction. Featured image from Polygon, chart from Tradingview.com
Polygon’s Proof-of-Stake (PoS) network will undergo a major consensus upgrade with the rollout of Heimdall v2 on July 10. Sandeep Nailwal, Polygon’s co-founder, described it as the most technically advanced hard fork the chain has undertaken since its launch in 2020. Following the announcement, the network’s native token, POL, gained nearly 10% within 24 hours, […]
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Polygon is gaining renewed attention in the crypto market following a bullish breakout from a broadening wedge pattern, an encouraging technical formation that often precedes strong upward moves. After weeks of consolidation and choppy price action, POL has decisively moved above the pattern’s resistance line, breathing life back into its short-term outlook. The current momentum suggests that bulls may have their eyes set on the next key target at $0.31. With improving sentiment and technical indicators flashing bullish signals, POL appears poised to extend its recovery if buyers can sustain the pressure. From Consolidation To Acceleration: Polygon Phase Shifts In a recent tweet, Whales_Crypto_Trading highlighted a significant technical move on POL’s chart. Polygon is currently breaking above the upper boundary of a broadening wedge on the daily timeframe, which is usually a bullish signal that points to rising volatility and potential trend reversal. This pattern, widely watched by technical traders, suggests that POL may be gearing up for a sustained upside push. Related Reading: Nearly All POL Holders At A Loss—What Does It Mean For The Market? The analyst further noted that if momentum continues to build, POL could see a notable move toward the $0.52 mark. This level represents a midterm projection based on the size of the breakout from the wedge formation. A 2x gain from current levels would attract bullish attention and position POL back in line with previous consolidation zones. With the breakout accompanied by improving sentiment and growing volume, Polygon appears to be setting the stage for a stronger rally. Presently, speculations are whether bulls can maintain the price above the breakout level and continue defending short-term support. If that happens, POL’s next chapter could be defined by renewed momentum and wider investor interest. Measured Moves And Extended Targets While $0.31 stands as the immediate upside target following the breakout, the broadening wedge pattern hints that the Polygon rally may not stop there. Breakouts from such structures often extend beyond initial resistance zones, especially when supported by strong volume and positive momentum indicators. Related Reading: Polygon Q4 Digest: Agglayer Testnet Launch Drives 30% Spike In POL Market Cap If bullish pressure remains steady, the next areas to watch would be near $0.44 and $0.52, both of which align with previous reaction points and Fibonacci extensions. These levels could act as zones where short-term traders might take profits, but they also offer opportunities for the trend to build new higher highs. Despite the upward momentum surrounding POL’s breakout, risks still linger beneath the surface. One major concern is the possibility of a false breakout if the price fails to hold above the $0.31 mark, attracting strong selling pressure and trapping late buyers. This would invalidate the breakout and may trigger a swift pullback toward lower support levels. Featured image from Adobe Stock, chart from Tradingview.com
Polygon (POL) hit its four-month high today following its 11% daily surge. The cryptocurrency surpassed the $0.60 mark before retracing, sparking a bullish sentiment among investors and market watchers. As a result, a renowned crypto analyst predicted a massive 2,500% rally for POL in the coming months. Related Reading: Toncoin (TON) Rebounds Above $6: Is A Sustainable Rally In Sight? Polygon On-Chain Metrics Turn Bullish Polygon has seen a remarkable performance over the past three weeks, rising around 107% since the November 5 market pump. POL, previously MATIC, has seen its price move from below the $0.30 mark to a four-month high of $0.61. This performance has been fueled by several factors, which have propelled the token’s price by nearly 40% in the last seven days and could stage “one of the most hated rallies,” as Ali Martinez shared on X. The analyst explained that Polygon has been experiencing an “important spike in on-chain metrics” over the last week, which could drive POL’s price to a “wild” price action in the future. Martinez noted that a lot of investors hold Polygon from the previous cycle, where the project’s token hit its all-time high (ATH) of $2.92. However, most of them record losses since only 15.11% of Polygon holders are in the green. Per the post, this is a positive sign for POL’s price action, as most of its investors won’t sell for profit at the current price ranges. The analyst added that on-chain data suggests a new wave of investors are positioning themselves for the rally’s second leg. This was signaled by the recent increase in daily active addresses, transaction volume, and whale activity. POL’s daily trading volume has recorded a 190% increase in the last week, jumping from the $250 million mark to $736 million. Additionally, whales bought over 140 million POL, now worth around nearly $80 million, in the last week and a half, with large-scale purchases significantly increasing since November 5. POL To Hit $15 This Cycle? Martinez suggested that with the whales’ buying spree and the reduced selling pressure, the POL “technicals look very good.” To him, the cryptocurrency is nearing a breakout from a multi-year descending triangle. The analyst explained that Polygon has been consolidating in a descending triangle formation since hitting its ATH almost three years ago. Nearly a week ago, the token “bounced off the triangle’s x-axis,” and had its Moving average convergence/divergence (MACD) “on the verge of a bullish crossover.” This suggested that while sentiment remains overall bearish, “bullish signals are piling up,” indicating a potential rally toward a new ATH. Related Reading: Ethereum Analyst Predicts $3,700 Once ETH Breaks Through Resistance Based on this, Martinez predicted that POL’s breakout could potentially lead to a 2,500% rally in the coming months. A weekly close above $0.7973 could spark a rally to $15.27, he detailed, adding that it could also ignite a 6,200% jump to $36.17. The analyst added that the most important support wall for POL was between the $0.375 and $0.386 price range, broken over a week ago, with little resistance in the higher levels. As of this writing, POL is trading at $0.58, a 75% increase in the monthly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Polygon Labs CEO Marc Boiron has attributed the network’s struggles with broader adoption in the space to racial prejudice against its co-founder, Sandeep Nailwal. In a Nov. 25 post on X, Boiron suggested that Nailwal’s Indian heritage has led to biases that hinder Polygon’s recognition despite its substantial usage across the blockchain industry. He wrote: […]
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According to the CEO of Polygon Labs, POL has evolved into a “hyperproductive” token, enabling the community to engage more effectively in the network’s growth.
Ethereum layer-2 network Polygon said it would upgrade its native MATIC token to the POL token on Sept. 4, according to a July 18 statement shared with CryptoSlate. In the first phase of this upgrade, POL will replace MATIC as the native gas and staking token for the Polygon proof-of-stake chain. The Polygon team assured […]
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