$POL
Technical Analysis
Bearish Momentum: POL is trading below all major moving averages (MA-20, MA-50, and MA-200), confirming persistent downward pressure.
Oversold Conditions: Multiple oscillators, including the RSI and Stoch RSI, indicate that the asset is currently in oversold territory. This may suggest potential for a short-term bounce, but the dominant trend remains bearish.
Key Levels: Immediate support is near the psychological $0.10 level, while resistance is firm at approximately $0.1200 and the Kijun resistance at $0.1313. A break below current support could lead to fresh lows towards $0.1060.
Fundamental News and Network Activity
Despite the poor price performance, Polygon's on-chain metrics show significant growth and development:
Recent Upgrades: The Madhugiri hardfork, activated on December 9, 2025, successfully boosted network throughput by 33% and reduced block finality to 1 second, enhancing efficiency and aligning with Ethereum's EIPs.
Ecosystem Growth: Stablecoin transactions, particularly from major payment providers like Stripe and PayPal, have surged, with Stripe's activity increasing over 800% year-over-year. This highlights Polygon's increasing use in real-world payments infrastructure.
MATIC to POL Migration: The migration from the old MATIC token to the new POL token is nearly complete (~99%), which has introduced some sell pressure from legacy holders.
Future Roadmap: Polygon is actively developing its AggLayer (a ZK-powered interoperability layer) to unify liquidity across chains, which is viewed as a long-term bullish catalyst, although the short-term market reaction has been muted.
