Polygon Powers Global Financial Infrastructure
🚨 Polygon (POL) Market Update
Polygon’s upgraded token $POL (formerly $MATIC) is trading at $0.164, down 9.77% in 24h.
📉 Market Cap: $1.73B | Volume: $172.5M
🔹 Market Overview
The Polygon 2.0 roadmap is rolling out, targeting higher scalability & efficiency.
Despite the dip, Polygon remains a key infrastructure layer for both DeFi & TradFi.
🔹 Core Drivers
Global Finance Adoption:
Flutterwave uses Polygon for cross-border payments 🌍
NRW.BANK (Germany) issued a €100M bond
Franklin Templeton launched a fund on the network
Major Partnerships:
Nike, Starbucks, Meta building on Polygon
Google Cloud partnership boosts dev onboarding & adoption
Upgrades:
Heimdall v2 + Polygon 2.0 = faster, more scalable, more secure network
🔹 Technical Outlook
Trend: Strong bearish — trading below 20/50/200 MAs
Support: $0.17 | Resistance: $0.28–$0.30
RSI: 93.79 → overbought ⚠️
MACD: Confirms selling pressure
📊 Strategy:
Caution advised — watch $0.17 for a possible bounce.
Only a break above $0.30 may hint at reversal.
