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Polygon (MATIC) – Scaling Ethereum
Why Buy Polygon in 2025?
✅ Makes Ethereum faster & cheaper
✅ Partnered with major brands (Nike, Starbucks)
✅ Essential for Web3, DeFi, and gaming projects
✅ Strong developer ecosystem
💰 Potential Price Target: $5+ 🚀
Do you think Polygon is the future of Ethereum scaling? Comment "MATIC to the moon!"
#poly
Why Buy Polygon in 2025?
✅ Makes Ethereum faster & cheaper
✅ Partnered with major brands (Nike, Starbucks)
✅ Essential for Web3, DeFi, and gaming projects
✅ Strong developer ecosystem
💰 Potential Price Target: $5+ 🚀
Do you think Polygon is the future of Ethereum scaling? Comment "MATIC to the moon!"
#poly
DeFi, Polygon price at 40% crash risk despite stablecoin gains
Polygon is at risk of a significant price drop following the formation of a bearish technical pattern—despite the rise of its decentralized finance and stablecoin activity.
The Polygon (POL) token was trading at $0.2355 on Thursday, down a few points from this week's high of $0.2765.
DeFi Llama data shows that the amount of stablecoins in its ecosystem is increasing again this month. Stablecoin supply rose to $1.98 billion, up from a year-to-date low of $1.67 billion.
Meanwhile, a report from Messari noted that the supply of stablecoins on the network increased by 23% in the first quarter, while the number of active stablecoin wallets increased by 30%.
DAI holds a 47% market share on Polygon, followed by USD Coin and Tether with 31% and 13% shares respectively.
Additional data shows that the total value locked on the polygon network is slowly recovering. TVL is $1.03 billion, up from an all-time low of $736 million.
The growth in terms of POLs has been even more remarkable, with the number rising to 4.35 billion POLs from 1.86 billion POLs in January.
Nansen's data also showed that the number of weekly transactions on Polygon rose 9% to 19.27 million, more than Arbitrum's 12 million.
Decentralized exchange transactions on Polygon surged 48.46% in the past seven days to nearly $1 billion.
Polygon's main challenge is that it continues to lose market share to newer Layer-2 networks like Unichain, Base, and Orbitrum. For example, Unichain, which was launched in February, handled more than $3.8 billion in transactions.
Polygonal Price Technical Analysis
The daily chart shows that POL bottomed out at $0.1500 in April and then rebounded as the broader crypto market rallied.
The token has retested key resistance at around $0.2863, the lowest level since November last year.
However, the coin has formed a slowly rising wedge pattern, defined by two upward sloping and converging trend lines.
This pattern often signals a possible bearish breakdown when the price is near the confluence point.
If a breakdown occurs, Polygon could fall to the next support level at $0.1504, the April low, which is about 40% below the current price. A decisive move above the $0.30 resistance level will invalidate the bearish outlook.
#Polygon #poly #pol
The Polygon (POL) token was trading at $0.2355 on Thursday, down a few points from this week's high of $0.2765.
DeFi Llama data shows that the amount of stablecoins in its ecosystem is increasing again this month. Stablecoin supply rose to $1.98 billion, up from a year-to-date low of $1.67 billion.
Meanwhile, a report from Messari noted that the supply of stablecoins on the network increased by 23% in the first quarter, while the number of active stablecoin wallets increased by 30%.
DAI holds a 47% market share on Polygon, followed by USD Coin and Tether with 31% and 13% shares respectively.
Additional data shows that the total value locked on the polygon network is slowly recovering. TVL is $1.03 billion, up from an all-time low of $736 million.
The growth in terms of POLs has been even more remarkable, with the number rising to 4.35 billion POLs from 1.86 billion POLs in January.
Nansen's data also showed that the number of weekly transactions on Polygon rose 9% to 19.27 million, more than Arbitrum's 12 million.
Decentralized exchange transactions on Polygon surged 48.46% in the past seven days to nearly $1 billion.
Polygon's main challenge is that it continues to lose market share to newer Layer-2 networks like Unichain, Base, and Orbitrum. For example, Unichain, which was launched in February, handled more than $3.8 billion in transactions.
Polygonal Price Technical Analysis
The daily chart shows that POL bottomed out at $0.1500 in April and then rebounded as the broader crypto market rallied.
The token has retested key resistance at around $0.2863, the lowest level since November last year.
However, the coin has formed a slowly rising wedge pattern, defined by two upward sloping and converging trend lines.
This pattern often signals a possible bearish breakdown when the price is near the confluence point.
If a breakdown occurs, Polygon could fall to the next support level at $0.1504, the April low, which is about 40% below the current price. A decisive move above the $0.30 resistance level will invalidate the bearish outlook.
#Polygon #poly #pol
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Polymesh will release a mainnet update on April 3rd
Polymesh announced the successful update of its testnet to version 6.2.0. The update includes a number of new features and events that enhance the existing blockchain API, as well as other improvements. The mainnet update is scheduled for April 3.
More detailed information can be found in the official POLYX tweet
Polymesh is a layer 1 public blockchain that specializes in security tokens, which are digital contracts for assets with real-world value. It ensures security and transparency by requiring all participants to undergo identity verification.
#Polymesh #poly #news #CryptoNews #polyx
$POLYX
Polymesh announced the successful update of its testnet to version 6.2.0. The update includes a number of new features and events that enhance the existing blockchain API, as well as other improvements. The mainnet update is scheduled for April 3.
More detailed information can be found in the official POLYX tweet
Polymesh is a layer 1 public blockchain that specializes in security tokens, which are digital contracts for assets with real-world value. It ensures security and transparency by requiring all participants to undergo identity verification.
#Polymesh #poly #news #CryptoNews #polyx
$POLYX
⚡️⚡️#POLYXUSDT ⚡️⚡️
🟢LONG/BUY : 0.4250 - 0.4150
🏹Targets:- 0.4450 - 0.4700 - 0.5100 - 0.6000 - 0.7000 +👩🚀
❌Stop Loss 0.4000
‼️Leverage: 20.0X To 10.0X ( Use Leverage according to your risk management )
➡️Use only upto 5% of Total Funds
NOTE : This is not a financial advice always do your own research before investing
#poly #futuretrade #alwaysdyor
🟢LONG/BUY : 0.4250 - 0.4150
🏹Targets:- 0.4450 - 0.4700 - 0.5100 - 0.6000 - 0.7000 +👩🚀
❌Stop Loss 0.4000
‼️Leverage: 20.0X To 10.0X ( Use Leverage according to your risk management )
➡️Use only upto 5% of Total Funds
NOTE : This is not a financial advice always do your own research before investing
#poly #futuretrade #alwaysdyor
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Come to me and see my direction, maybe I can save your life
The point I mentioned a week ago is coming soon
#eth is about to reach 3000
#poly is also coming soon
#act is also a little bit away
#neiro is in the range
It's almost okay, get on the train little by little, remember to run when you make money, don't envy others, just make money within your own cognition
1.3 on #dydx spot, come on
The point I mentioned a week ago is coming soon
#eth is about to reach 3000
#poly is also coming soon
#act is also a little bit away
#neiro is in the range
It's almost okay, get on the train little by little, remember to run when you make money, don't envy others, just make money within your own cognition
1.3 on #dydx spot, come on
See original
$POL SITUATION ANALYSIS AND TECHNICAL DATA WHAT ARE THE EXPECTED LEVELS IN POL?
After nearly a year of ongoing work, the Polygon team made the expected announcement and announced that the transition from the network's native asset MATIC to the new token POL has begun.
According to the post shared from Polygon's official X account, the token change will be completed today. This change includes the use of the new crypto asset POL for the native gas and staking token on the Polygon PoS chain.
After this shared news, MATIC was listed today under the new name POL at #binance , and after the listing, pol experienced a 15% increase. This rise seems to pave the way for #Polygon to regain volume and reach a new level of increase. The levels I expect are $0.57 for short-term investors.
Actually, if you look, I don't want to share the transactions I made, but I will share my earnings for today with you. 0.3890 buy 0.44 sell
I will share the developments and technical analysis chart tomorrow, you can follow me and follow the developments, thank you. $BTC $XRP #PolygonMATIC #poly #sol
After nearly a year of ongoing work, the Polygon team made the expected announcement and announced that the transition from the network's native asset MATIC to the new token POL has begun.
According to the post shared from Polygon's official X account, the token change will be completed today. This change includes the use of the new crypto asset POL for the native gas and staking token on the Polygon PoS chain.
After this shared news, MATIC was listed today under the new name POL at #binance , and after the listing, pol experienced a 15% increase. This rise seems to pave the way for #Polygon to regain volume and reach a new level of increase. The levels I expect are $0.57 for short-term investors.
Actually, if you look, I don't want to share the transactions I made, but I will share my earnings for today with you. 0.3890 buy 0.44 sell
I will share the developments and technical analysis chart tomorrow, you can follow me and follow the developments, thank you. $BTC $XRP #PolygonMATIC #poly #sol
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