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news-imageJanuary 20, 2025

Polygon (POL) Eyes Breakout as Volume Jumps 72%

Polygon (POL), the Ethereum scaling solution, looks set for a price breakout given its technical indicators. Notably, Ali Martinez, in an X post, highlighted a critical signal that suggests POL could surge amid a broader crypto market boom.
Publisher: UToday
Sentiment: Positive
POL

More News Articles

Positive
cover-imageNewsBTC
February 19, 2025

Polygon Q4 Digest: Agglayer Testnet Launch Drives 30% Spike In POL Market Cap

In the fourth quarter of 2024, Polygon (formerly MATIC) experienced a significant mixed performance in key metrics, primarily driven by the testnet launch of its interoperability protocol, Agglayer. This new initiative aims to facilitate cross-chain token transfers and message-passing, enhancing the functionality and integration of various blockchain networks.

Positive
cover-imageInvezz
February 17, 2025

Interview: ‘No single chain can serve as the backbone of a blockchain-powered internet,' says Marc Boiron of Polygon Labs

For Polygon Labs, the research and development arm of Polygon, 2024 was a breakthrough year, driven by Polymarket's mass adoption during the US presidential elections. 2025 kicked off strong as Polygon Labs partnered with Jio Platforms, the digital arm of Reliance Industries, to bring Web3 to over 450 million Jio users, boosting mass adoption.

Neutral
cover-imageThe Currency Analytics
February 5, 2025

Polygon's Key $0.50 Resistance Level and Potential Market Impact

Polygon (POL) is currently navigating through a crucial price level, with the $0.50 range standing out as a key area that could determine its next major price movement. Recent on-chain data suggests that a significant portion of POL tokens has been accumulated in the price range between $0.364 and $0.509.

Negative
cover-imageThe Currency Analytics
January 30, 2025

Polygon (POL) Faces 44% Price Drop Amid Bearish Market Trends

Polygon (POL) is currently facing strong bearish price action, with experts predicting a potential 44% price drop amid the ongoing market downturn. As of January 30, 2025, technical analysis indicates that the cryptocurrency may experience significant declines, with the price potentially falling to as low as $0.23.

Negative
cover-imageThe Currency Analytics
January 29, 2025

POL Holders Face Losses as Whale Sell-Offs Weigh on Polygon

Polygon (POL), the popular layer-2 scaling solution for Ethereum, is experiencing increasing bearish pressure. Recent data indicates that a staggering 93.5% of POL holders are “out of the money,” meaning they purchased their tokens at higher prices and are currently facing losses.

Negative
cover-imageThe Currency Analytics
January 26, 2025

Polygon Struggles: Bearish Trends and How Traders Can Navigate

Polygon's Ecosystem Token (POL) has been facing significant bearish pressure in recent weeks, with its value continuing to trend downward despite some brief moments of market optimism. As traders watch closely, the prevailing sentiment in the market has tilted towards caution.

Negative
cover-imageThe Currency Analytics
January 25, 2025

Polygon's Decline in dApp Volumes: What You Need to Know

Polygon (POL), a well-known layer-2 scaling solution, has been facing significant challenges recently, raising questions about its current valuation. As the token struggles with declining network activity, dApp volumes, and reduced investor interest, some analysts are beginning to question whether Polygon may be overvalued.

Positive
cover-imageCoingape
January 21, 2025

Jio Coins go live on Jio Sphere Wallet, after teaming up with Polygon Labs

Polygon Labs, around a week after its partnership with Jio Platforms Limited (JPL) to bring Web3 capabilities into Jio's ecosystem, made its first integration with Jio Sphere live on Tuesday. CA Aishwary Gupta, Global Head of Payments at Polygon Labs revealed the launch of native wallet, powered by Polygon Labs PoS Blockchain network, on Jio

Positive
cover-imageThe Currency Analytics
January 19, 2025

Polygon Price Prediction 2025-2031: POL Growth Outlook

Polygon (POL), a prominent Layer-2 scaling solution for Ethereum, has emerged as a key player in the evolving cryptocurrency landscape. Designed to address Ethereum's scalability issues, Polygon offers a faster and more cost-efficient alternative for users and developers alike.

Positive
cover-imageCryptopolitan
January 17, 2025

Billionaire Ambani's Reliance Jio unveils JioCoin token on Polygon

Mukesh Ambani-led Reliance Jio, India's dominant telecommunications company, has launched the digital token Jiocoin as part of its blockchain-powered rewards program for its 450 million user base. The new coin has been integrated into Jio's proprietary JioSphere browser, which allows users to earn the tokens while browsing.

Positive
cover-imageAltcoin Buzz
January 17, 2025

Jio Partners With Polygon to Bring Web3 to 450M Users

This partnership aims to revolutionize digital experiences for Jio's massive user base of over 450 million people. Jio Platforms, a subsidiary of Reliance Industries—led by billionaire Mukesh Ambani—announced its Web3 and blockchain initiative on Thursday.

Positive
cover-imageThe Currency Analytics
January 16, 2025

Polygon Price Breakout: Bulls Eye $0.63 Resistance Level

Polygon (POL) is currently at a pivotal point in its price action, as it consolidates within a descending triangle pattern on the 4-hour chart. The price range between $0.47 and $0.41 has become a critical zone, with both bulls and bears battling for dominance.

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