based on materials from - By CoinPedia News
The native token of Polygon, POL (formerly MATIC), is showing signs of a confident recovery after a prolonged consolidation phase. With the resumption of bullish momentum and an increase in trading volumes, investors are aiming for the important resistance level of $0.30. Recent price dynamics indicate growing trader confidence, possibly driven by ecosystem updates and increased blockchain activity. As the price of POL approaches a potential breakout, a key question remains: will it be able to maintain momentum and restore the bullish trend?
Polygon's transition from MATIC to POL is gaining traction thanks to key network updates, such as the Bhilai update launched in July 2025. This major update increased throughput to over 1000 transactions per second, reduced transaction completion time to ~5 seconds, and lowered gas fees, positioning Polygon as one of the fastest and cheapest networks in the industry. Additionally, the launch of AggLayer v3.0 as part of the Polygon 2.0 roadmap provided extended compatibility based on ZK, ensuring seamless cross-chain communication and liquidity.
The migration from MATIC to POL is nearly complete: over 92% of tokens have been converted, and now POL provides gas, staking, and governance for the network. On-chain activity remains high: over 1.6 million daily users and more than $1 billion TVL, indicating strong demand. These events affirm Polygon's long-term goal of achieving 100,000 transactions per second by 2026.
After bouncing off the $0.76 mark last year, the price of POL continues to decline sharply but stabilizes in the $0.16–0.25 range. Tokens continue to trade within the range, and the recent bounce has revived bullish potential. The token has begun a V-shaped recovery, which may be confirmed after establishing a range above $0.25. Technical analysis has given a bullish signal, and therefore, the price of POL is expected to continue a steady rise.
After the last rise, the token has moved above the Ichimoku cloud, with the price trading between the baseline and conversion lines. This indicates a strengthening bullish momentum, and with a bullish crossover of the lines, it is expected that the price of POL will overcome the resistance zone and reach the upper resistance level at $0.25. Meanwhile, the MACD shows a decrease in selling pressure, while levels are approaching a bullish crossover, which could enhance the current upward trend.
Therefore, the price of POL (formerly MATIC) could rise to $0.30 if it successfully breaks out of the current consolidation pattern, supported by strong fundamental network indicators and increasing market interest. However, if the token fails to overcome this key resistance zone, it may continue to move sideways within the existing range, delaying any significant growth. A decisive breakthrough remains critically important to confirm a bullish reversal and create conditions for a sustainable price rally.
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