Matic, the native token of Polygon, saw a 10% increase in value, driven by anticipation of the upcoming Polygon 2.0 upgrade. This rally also led to a significant increase in open interest in Matic trading pairs, rising from $109 million to $160 million in a 24-hour period. Despite this positive momentum, analysts are warning that Matic’s price could face resistance at key levels, which could lead to a potential sell-off.