Here’s Why Polygon (POL) Price Pumped 25%

CaptainAltcoin
POL-2,2%
KAS-0,49%
SUI-2,97%
ETH-1,14%

Polygon (POL) has quietly become one of the strongest performers in the market over the past week. The POL price is up around 25% over the last seven days, even though price has barely moved in the past day.

At writing, POL is trading near $0.128, with daily trading volume up roughly 35%, placing it among the top gainers in the market.

This move did not come out of nowhere. It lines up with a clear jump in network usage, rising revenue, and a sharp increase in token burns.

_****Top Analyst Goes All In on Kaspa (KAS): Reveals Why It Beats Most Altcoins**

One of the biggest factors behind Polygon recent strength is revenue. Polygon moved into the top three on-chain revenue generators, flipping both SUI and Redbelly.

There has been an increase in stablecoins on the network, particularly due to the increase in transaction volume on the Polygon network, which is directly reflected in fees.

To accommodate the increasing demand, Polygon raised the gas limit to 65M and adjusted the parameters of EIP-1559 for smoother gas prices.

The network also aims to improve throughput. The goal is to exceed 5,000 transactions every second. These changes are meant to reduce congestion and support larger applications without slowing the network.

Daily transaction counts have backed this up. Polygon processed millions of transactions per day recently, with some days crossing the 3 million mark, showing that usage is not just theoretical.

Another major tailwind for POL is supply reduction. Polygon is now burning roughly 1 million POL tokens per day through base fees. If that pace holds, it could remove about 3.5% of the total supply annually.

At the same time, around 3.6 billion POL tokens are staked, which is roughly 34% of the circulating supply. That combination matters. Burns reduce supply permanently, while staking locks tokens out of circulation.

Together, they lower sell pressure and tighten available liquidity. This shift is happening while network demand is growing, which is why the market is reacting.

_****Ethereum (ETH) Just Hit a “Real” All-Time High That Nobody Is Watching**

What the Polygon Chart Is Showing

On the 4H chart, POL spent months moving lower before finally finding support around $0.10. Since that low, the POL price has started to step up gradually, with each pullback stopping higher than the last, showing that sellers are losing control.

This recent advance has occurred on increasing participation levels, leaving no doubt that this advance is supported by genuine participation levels and not a shallow bounce.  OBV has started to turn up after a long decline, suggesting accumulation rather than distribution.

Volatility remains relatively low, as shown by a muted ATR, which often appears during early trend shifts before momentum expands.

Funding rates are close to neutral, meaning the move has not been driven by excessive leverage. In short, the Polygon chart shows stabilization first, then gradual strength, not a blow-off move.

Source; Coinank

_****Here’s Why the XRP Price Pump May Be on Thin Ice**

What’s Happening Next For Polygon?

Beyond price action, Polygon is positioning itself for longer-term relevance. The ecosystem is expanding across payments, DeFi, privacy tooling through Miden, and AI-focused initiatives.

Large enterprises already use Polygon for real-world applications, which keeps fee revenue tied to actual usage rather than speculation. This recent POL price rally reflects that shift. The market is reacting to fundamentals catching up with price.

Moreover, Polygon (POL) 25% weekly move has already played out, which explains why price is consolidating today.

As long as the POL price holds above recent support and network metrics stay strong, the structure remains constructive.

This rally is not just about momentum. It is about usage, revenue, and supply tightening showing up at the same time. That is why POL has moved higher while much of the market has remained choppy.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Articoli correlati

Gold and Silver Slip Slightly, Oil Rises; Bitcoin and Ethereum Volatility Indices Decline

Gate News message, April 23 — Gold prices fell to $4,731.95 per ounce with a daily decline of 0.18%, while silver dropped to $77.585 per ounce, down 0.13% intraday. Bitcoin volatility index (BVIX) stood at 43.64, declining 1.80%, and Ethereum volatility index (EVIX) reached 63.90, down 5.19%. In

GateNews2h fa

Gate日報(4月23日):美國政府運行比特幣節點;特斯拉BTC持股不變

比特幣(BTC)延續週初反彈態勢,4 月 23 日暫報 78,230 美元左右。美國太平洋司令部司令 Samuel Paparo 在國會聽證會上表示,美國政府運行比特幣節點進行網路安全測試,但未參與挖礦。特斯拉第一季比特幣持股不變,數位資產減損虧損 1.73 億美元。

MarketWhisper2h fa

Probably Nothing” — But TOTAL2 Structure Points Higher, and These 5 Altcoins Could Lead the Rally

TOTAL2 continues to respect a long-term trendline, signaling underlying altcoin market strength. Market sentiment remains muted, often a precursor to larger price expansions. Select altcoins show strong fundamentals despite limited short-term price movement. The wider altcoin market

CryptoNewsLand2h fa

川普確認伊朗停火談判「無時間表」,比特幣重探 7.8 萬美元

4 月 23 日,比特幣重探 78,000 美元上方,美國總統川普(Donald Trump)於 4 月 22 日接受福克斯新聞(Fox News)記者瑪莎·麥卡勒姆(Martha MacCallum)採訪時,確認美伊停火談判不設時間表,並否認美媒 Axios 同日援引美國官員所稱的「3 至 5 天窗口期」報道。

MarketWhisper3h fa

Crypto Fear & Greed Index Rises to 46, Market Remains in Panic State

Crypto Fear & Greed Index rose to 46, maintaining a 'panic' state; up from 32 yesterday, which also indicated panic.

GateNews3h fa

Grayscale Hints at Bull Market Setup as Bitcoin Holds Critical Breakeven Level

Bitcoin markets are showing signs of a potential bottom as improving price action brings recent buyers back to breakeven. Grayscale points to strengthening positioning as a key signal that sentiment may be shifting toward more bullish conditions. Key Takeaways: Grayscale signaled bitcoin may

Coinpedia3h fa
Commento
0/400
Nessun commento