A significant number of $POL holders from the previous market cycle remain at a loss, with only 15.11% of Polygon investors currently in profit. While this might seem discouraging, it presents an opportunity for price action stability, as most investors are unlikely to sell in the near term. On-chain data […]
Tag: POL
Polygon’s On-Chain Metrics Signal Bullish Momentum Amid Key Developments
Polygon ($POL) is capturing attention with a notable spike in on-chain activity, marked by increases in daily active addresses, transaction volume, and whale participation. These indicators reflect growing market interest and suggest a potentially bullish outlook for the token. #Polygon is experiencing an important spike in on-chain metrics, with daily […]
POL PRICE ANALYSIS & PREDICTION (October 5) – POL Sits Near A Key Monthly Support Following 13% Weekly Loss, Sets To Break Lower
Last month, POL went through a small retracement, but it seemed to be back in a sell mode after witnessing a double rejection under $0.45. It currently looks set for a breakdown while approaching a key support. After the upgrade from MATIC to POL over a month ago, the market […]