Polygon worth continued its bull run, persevering with a pattern that began on January 1, as its transactions and burn charge soared.
Abstract
- Polygon worth continued hovering because the bull run accelerated.
- The POL burn charge has continued to soar prior to now few months.
- Different community metrics like DEX quantity and stablecoin transactions have soared.
Polygon (POL) has now jumped in every day of this 12 months and is hovering at its highest stage since Nov. 11. It has soared by over 80% from its lowest stage this 12 months.
The rally is a large reversal after the token plunged by 66% from its highest stage in September to its lowest level in December. This crash occurred because the community continued to lose market share to different layer-2 networks like Base, Optimism, and Arbitrum.
Polygon’s surge is going on as its token burn accelerates. Information exhibits that the community has burned hundreds of thousands of tokens this 12 months alone, a lot greater than what it incinerated in 2025.
The community’s charges have additionally soared this month. Information compiled by DeFi Llama exhibits that the community has made $1.7 million in charges this 12 months alone. Its charges rose to $691,091 in December, $928,335 in November, and $538,231 in October.
Different metrics present that the community is doing effectively, with the decentralized alternate quantity hovering to over $246 million on Sunday, greater than the day gone by’s $245 million. Its quantity rose to over $2.28 billion this month, that means that it’ll cross the $5.89 billion it dealt with final month.
Polygon has additionally continued to do effectively in different areas, particularly within the fee trade, the place it has been embraced by different corporations like Stripe, Revolut, and Shift4 Funds. It has additionally turn into a serious participant within the predictions market, the place it’s the blockchain community for Polymarket.
Polygon worth technical evaluation
The every day timeframe chart exhibits that the POL worth has rebounded prior to now few weeks, shifting from a low of $0.098 on January 1 to a excessive of $0.18.
It has moved above the 38.2% Fibonacci Retracement stage and the underside of the buying and selling vary of the Murrey Math Strains software. It stays above the 50-day and 100-day Exponential Shifting Averages.
The Common Directional Index has remained above 50, an indication that the pattern is strengthening. Due to this fact, the more than likely situation is the place it continues rising as bulls goal the important thing resistance stage at $0.20, which is barely above the most important S/R pivot level of the Murrey Math Strains software.
Nonetheless, a drop beneath the important thing assist stage at $0.1500 will invalidate the bullish outlook.
