Market Cap: $3.4636T 2.740%
Volume(24h): $134.7637B 35.740%
  • Market Cap: $3.4636T 2.740%
  • Volume(24h): $134.7637B 35.740%
  • Fear & Greed Index:
  • Market Cap: $3.4636T 2.740%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$111254.316884 USD

2.41%

ethereum
ethereum

$2783.967991 USD

6.94%

tether
tether

$1.000412 USD

0.02%

xrp
xrp

$2.423824 USD

4.87%

bnb
bnb

$670.440817 USD

1.30%

solana
solana

$158.277244 USD

4.27%

usd-coin
usd-coin

$1.000173 USD

0.03%

tron
tron

$0.291179 USD

1.23%

dogecoin
dogecoin

$0.180886 USD

5.34%

cardano
cardano

$0.623880 USD

6.09%

hyperliquid
hyperliquid

$41.635473 USD

6.97%

sui
sui

$3.127553 USD

8.00%

bitcoin-cash
bitcoin-cash

$512.963255 USD

1.87%

chainlink
chainlink

$14.341485 USD

3.14%

stellar
stellar

$0.293327 USD

12.68%

Cryptocurrency News Articles

Polygon (POL) Price: Ready for a Double-Digit Rally?

Jul 02, 2025 at 04:30 am

Polygon (POL) shows signs of a potential breakout, holding key support around $0.18. Could this spark a rally to $0.21? Plus, Katana's DeFi innovations and altcoin season buzz.

Polygon (POL) Price: Ready for a Double-Digit Rally?

Polygon (POL) Price: Ready for a Double-Digit Rally?

Polygon (POL) is showing some interesting movements lately, hinting at a potential rally. Let's dive into the key insights and what might be next for POL.

Key Support Zone Holding Strong

According to recent analysis, POL price is currently holding a crucial support zone just above $0.18. This level has acted as both resistance and support in the past, making it a critical line in the sand. If POL can maintain its position above this level, analysts suggest it could trigger a double-digit rally.

Potential Rally to $0.21?

If Polygon price continues to hold above the $0.18 mark, the next target could be around $0.21. This lines up with a descending trendline that has previously acted as a ceiling for POL. A move to $0.21 would represent a significant gain from current levels, making it a target worth watching.

Katana: A New Era for DeFi on Polygon

In other news, Polygon has officially launched Katana, its new Layer 2 blockchain designed to enhance decentralized finance (DeFi) experiences. Katana aims to revolutionize how users earn yield on their digital assets through innovative solutions like AggLayer’s Vault Bridge. With over $240 million in productive pre-deposited assets in just three weeks, Katana is already making waves in the DeFi space. This could give stakers of POL token another incentive for participation in the Polygon network.

Altcoin Season on the Horizon?

The broader altcoin market is showing signs of potential underperformance against Bitcoin, but historically, this often precedes a massive reversal and “altseason”. With altcoins being heavily overlooked and investor sentiment low, now might be the perfect time to prepare for a possible turnaround. Keep an eye on market volume changes and momentum indicators across major altcoins.

Final Thoughts

So, is Polygon ready for a double-digit rally? The technical indicators look promising, especially if POL can hold that key support level. Plus, with the launch of Katana and the potential for an upcoming altcoin season, things are definitely heating up in the Polygon ecosystem. Keep an eye on those charts, folks – it could be an exciting ride!

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jul 10, 2025