đ $POL on Fire â +50% in Days, Whatâs Next? đ„
Polygonâs native token POL has surged from $0.16 â $0.25, riding a wave of DeFi growth + technical strength. With +3.4% in 24h and +6.5% over the week, traders are eyeing the next breakout zone. đ
đĄ Why the Pump?
- DeFi inflows +7% (30D) â TVL at $1.23B
âž QuickSwap: +13.4%
âž Polymarket: +30.2%
- $123M net capital inflow = higher demand for POL gas fees
- Outperforming sector peers (avg +4.5%) đ
đ Technical Setup:
- Price at $0.2533 > 7-day SMA (0.2456) & Fib 23.6% (0.2464)
- MACD positive (+0.00167)
- RSI 67.4 = still room before overbought
- Next resistance: $0.2636 â $0.2824
- Key support: $0.245 (break = trend invalidation)
đšâđ» CEO Sandeep Nailwal recently reaffirmed scaling to 5,000 TPS + AggLayer expansion â bullish for long-term confidence, but right now, DeFi flows + chart breakout are the real drivers.
đź TL;DR: If TVL > $1.3B holds, POL could be just warming up. Bulls are watching $0.26+ for confirmation.
