The post Why Is Polygon (POL) Price Up Today? Here’s What’s Fueling the Surge appeared on BitcoinEthereumNews.com. Polygon (POL) price has staged a strong rallyThe post Why Is Polygon (POL) Price Up Today? Here’s What’s Fueling the Surge appeared on BitcoinEthereumNews.com. Polygon (POL) price has staged a strong rally

Why Is Polygon (POL) Price Up Today? Here’s What’s Fueling the Surge

Polygon (POL) price has staged a strong rally this week, gaining over 30% amid broader market consolidation. 

Bitcoin price hovered firm above $90,000, and Ethereum at above $3,000. Other crypto market coins have experienced minimal momentum. This prolonged purchase behaviour occurred in Polygon as traders responded to new updates within the Polygon ecosystem.

Why Is Polygon (POL) Price Surging Today?

The surge follows the launch of Polygon’s new payments infrastructure initiative, the “Open Money Stack.” This vertically integrated model, in turn, facilitates the stablecoin transactions across blockchains and the need to fuel real-life payment adoption.

According to Polygon Labs, the initiative included applications, financial services, payments, and blockchain rails.

Network fundamentals also increased investor confidence. On January 5, the network burnt the largest amount of tokens in the history of its PoS, more than 3 million POL.

On-chain activity was also increasing, with Polygon leading in terms of network revenue in the last week. These signs demonstrate that utility increase is the cause of the new price runup and not a temporary craze.

Polygon Hits Record 2025 Activity as Transactions Top 1.4 Billion

Polygon’s fundamentals strengthened in 2025 as on-chain activity hit new highs. The overall transactions are above 1.4 billion, which occurred last year. That is the greatest number of the network in a single year

This influx of use indicates the changing position of Polygon in the crypto area. Previously seen as the home of NFT and DeFi projects, it now is marketing itself as an infrastructure layer in a high-throughput global payment.

Source: Dune, X

The sustained increase in the number of transactions supports the increasing relevance of the network in the real-life use, particularly with the spread of stablecoins.

The Open Money Stack has been released at a time when Polygon is trying to establish itself as a reliable destination when it comes to institutional payments. This re-emphasis on utility may generate long-term value, in spite of the fact that POL is almost 88% lower than its all-time maximum.

Will POL Price Rally To $0.20 Soon?

The latest POL price surged to $0.1726, experiencing a significant increase over the past 24 hours. 

The action is in line with a continuity trend because the buyers continued gaining momentum after their successful breakout of the important $0.14 area.

The price of polygons has surged out of a parallel rising channel, which is positive with regard to accelerating upside momentum. 

The resistance of the price was broken sharply, which placed POL above the $0.16 level, indicating the constant pressure of demand.

The indicator of MACD is still in a robust bullish position, where the MACD line is far above the signal line.

Meanwhile, the 4-hour chart is at RSI 79, which indicates overbought.

A retest success would affirm the bullish climb as the future Polygon outlook is still bright. And if the next step would be to the higher levels of $0.18 and $0.20.

Source: POL/USD 4-hour chart: Tradingview

Failure to hold $0.16 could delay the move, but wouldn’t invalidate the overall structure unless the Polygon price drops back below $0.14.

Source: https://coingape.com/markets/why-is-polygon-pol-price-up-today-heres-whats-fueling-the-surge/

Market Opportunity
Polygon Ecosystem Logo
Polygon Ecosystem Price(POL)
$0.0947
$0.0947$0.0947
+2.71%
USD
Polygon Ecosystem (POL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

What Does Market Cap Really Mean in Crypto — and Why Australians Care

What Does Market Cap Really Mean in Crypto — and Why Australians Care

Introduction: What Does Market Cap Mean in Cryptocurrency Ridgewell Tradebit is an automated cryptocurrency trading platform that helps users better understand
Share
Techbullion2026/02/09 23:34
Taiko Makes Chainlink Data Streams Its Official Oracle

Taiko Makes Chainlink Data Streams Its Official Oracle

The post Taiko Makes Chainlink Data Streams Its Official Oracle appeared on BitcoinEthereumNews.com. Key Notes Taiko has officially integrated Chainlink Data Streams for its Layer 2 network. The integration provides developers with high-speed market data to build advanced DeFi applications. The move aims to improve security and attract institutional adoption by using Chainlink’s established infrastructure. Taiko, an Ethereum-based ETH $4 514 24h volatility: 0.4% Market cap: $545.57 B Vol. 24h: $28.23 B Layer 2 rollup, has announced the integration of Chainlink LINK $23.26 24h volatility: 1.7% Market cap: $15.75 B Vol. 24h: $787.15 M Data Streams. The development comes as the underlying Ethereum network continues to see significant on-chain activity, including large sales from ETH whales. The partnership establishes Chainlink as the official oracle infrastructure for the network. It is designed to provide developers on the Taiko platform with reliable and high-speed market data, essential for building a wide range of decentralized finance (DeFi) applications, from complex derivatives platforms to more niche projects involving unique token governance models. According to the project’s official announcement on Sept. 17, the integration enables the creation of more advanced on-chain products that require high-quality, tamper-proof data to function securely. Taiko operates as a “based rollup,” which means it leverages Ethereum validators for transaction sequencing for strong decentralization. Boosting DeFi and Institutional Interest Oracles are fundamental services in the blockchain industry. They act as secure bridges that feed external, off-chain information to on-chain smart contracts. DeFi protocols, in particular, rely on oracles for accurate, real-time price feeds. Taiko leadership stated that using Chainlink’s infrastructure aligns with its goals. The team hopes the partnership will help attract institutional crypto investment and support the development of real-world applications, a goal that aligns with Chainlink’s broader mission to bring global data on-chain. Integrating real-world economic information is part of a broader industry trend. Just last week, Chainlink partnered with the Sei…
Share
BitcoinEthereumNews2025/09/18 03:34
MicroStrategy Bought Another 1.142 BTC: Total 714K BTC

MicroStrategy Bought Another 1.142 BTC: Total 714K BTC

The post MicroStrategy Bought Another 1.142 BTC: Total 714K BTC appeared on BitcoinEthereumNews.com. MicroStrategy Continues BTC Purchases MicroStrategy, the world
Share
BitcoinEthereumNews2026/02/09 23:06