The recent rise in the price of POL, previously known as MATIC, has attracted the attention of both retail investors and long-term traders. This is linked to the price breaking above a key resistance zone ahead of the significant Heimdall upgrade.
Heimdall v2 Upgrade on July 10, 2025
One of the main catalysts for POL's breakout is the upcoming Heimdall v2 upgrade set to go live on July 10, 2025. This is the most comprehensive technical upgrade to Polygon PoS since its mainnet launch, and it includes:
* Migration to the new consensus mechanism CometBFT + Cosmos-SDK v0.50. * Reduction of transaction finality from ~90 seconds to just 4-6 seconds. * Increase in block processing speed to ~2-second intervals. * Cleanup of legacy code for faster development and future integrations. * Improvement in bridging reliability with near-instant checkpoint confirmations.
This upgrade is essential for achieving thousands of transactions per second through AggLayer architecture.
Long-Term Prospects for POL
Beyond the technical setup and coming upgrade, POL is transforming into a high-utility asset within the Polygon ecosystem. Key milestones in the migration from MATIC to POL include:
* Over 85% of MATIC holders have migrated to POL. * Validator activity is rising as POL becomes central to governance and staking. * Developer interest is increasing due to improved tooling and documentation post-upgrade.
This signals a growing confidence in the protocol's long-term utility, positioning POL as a foundational token for the Polygon ecosystem going forward.
Current Price Breakout Attempt of POL
POL has recently broken above the $0.19 resistance area with a significant uptick in trading volume. The token is trying to flip its 20-day and 50-day moving averages into support, a classic reversal indicator in crypto price action. While short-term oscillators show strength, longer-term moving averages are still flashing caution, indicating traders should wait for confirmation before opening aggressive long positions.
The price of POL has risen above the descending parallel channel while the CMF has risen above 0, hinting towards an increase in money inflow. However, the DMI has reached a crucial juncture with a bullish crossover occurring between +di and -di, and the ADX forming consecutive higher highs and lows. Therefore, if the POL price closes above the channel by the end of the day, bulls may push the price towards the next target at $0.25. However, the likelihood of such a rise appears uncertain given the current price action.
With the rise in POL prices and upcoming upgrades, the Polygon ecosystem demonstrates significant potential for further development. However, investors should proceed with caution and watch for confirmations when making decisions.
