Polygon’s $POL Token Rises 10%

Polygon (POL) is gaining traction in the crypto market as its development arm, AggLayer, introduces a major innovation called VaultBridge—a customizable, open-sourced yield-generating protocol that seeks to revolutionize decentralized finance (DeFi) by providing chains with long-term, sustainable revenue models.

Announced by Polygon co-founder Sandeep Nailwal on X, VaultBridge has been positioned as an alternative to the current Web3 landscape, which he criticized for its reliance on extractive tokenomics and inflation-driven rewards.

The announcement arrives as Polygon’s native token POL (formerly MATIC), gains 10.24% in 24 hours, shaking off previous bearish sentiment. Just two months ago, analysts like Ali Martinez projected a potential drop to $0.04, as POL broke through key support levels.

The token has broken out of a long-term downtrend, with trading volumes and buy-side pressure building. A successful push above the $0.24–$0.25 resistance zone could position POL to test $0.30, and potentially move toward $0.38 and $0.52 in the coming weeks.