POL Token Surges 14.97% After Polygon Network
Upgrade and Token Migration Boost Market Activity POLUSDT has experienced a notable 14.97% price increase in the past 24 hours, rising from a 24-hour open of $0.1536 to the current price of $0.1766 on Binance. The upward momentum is primarily attributed to recent network upgrades on Polygon, the successful migration from MATIC to POL, and initiatives like the Polygon Open Money Stack and a reported token burn, which have boosted investor interest and market activity. Technical indicators, including high RSI levels and bullish MACD signals, reflect strong buying pressure and market enthusiasm, although the asset is currently considered overbought, which may lead to short-term volatility. Trading volume has surged, reaching as high as $550.23 million across exchanges, and the market capitalization is estimated between $1.79 billion and $1.81 billion, highlighting significant recent growth in both price and market activity for the Polygon Eco...