The POL token, the native cryptocurrency of the Polygon platform, recorded a 3% increase over the past 24 hours, reaching $0.189. Trading volume amounted to 597,718 units, significantly exceeding average figures.
Trading Activity and Price Support
The POL token established solid support levels in the $0.183 to $0.184 price range. The trading volume of 597,718 units surpassed daily averages by over 200%, indicating institutional engagement.
Technical Analysis and Price
According to CoinDesk's technical analysis data, the token built constructive volatility patterns with a trading range of $0.0082, representing a 4.28% price movement. Buyers consistently emerged at support levels between $0.183 and $0.184, creating solid foundation zones.
Important Polygon Network Upgrade
The token's performance comes ahead of a significant upgrade to the Polygon PoS consensus layer, Heimdall v2, scheduled for July 10, 2025. The foundation's CEO described the upcoming hard fork as a major step for the network's development.
Polygon's POL token demonstrated strong technical performance with a 3% gain and exceptional trading volume. The anticipated network upgrade confirms demand for the platform and interest from institutional investors.
