The native token of the Polygon blockchain, POL, has emerged as a top performer in a mixed cryptocurrency market, rallying approximately 13% from a low of $0.0836 on February 11 to trade around $0.0976. This surge coincides with significant whale accumulation and a new foundational proposal aimed at boosting network activity.
Key drivers behind the move include a major accumulation by large holders. Data from Santiment shows whales added 90 million POL tokens between February 10 and 13, increasing their holdings from 8.66 billion to 8.75 billion POL. This buying occurred ahead of the public price rally and aligns with the integration of POL and USDC support by European payment processor CoinsPaid on February 11.
Technically, the rally followed a bullish divergence signal. Between January 31 and February 11, the POL price made a lower low while the Relative Strength Index (RSI) made a higher low, signaling potential trend reversal. The Smart Money Index is now curling toward its signal line in a pattern identical to one seen in early December 2025, which preceded a 90% price rally for POL.
Fundamentally, the Polygon Foundation has proposed PIP-82: the Agentic Commerce Gas Program. This initiative aims to recycle up to $1 million in gas base fees to promote Agentic Commerce transactions, with any non-recycled POL being burned. The program is set to run until the $1 million is fully recycled or December 31, 2026, whichever comes first, and may be edited or terminated by future governance proposals.
Network fundamentals remain robust, with the Total Value Locked (TVL) holding steady above $1 billion. Recent upgrades increased the gas limit from 65 million to 80 million, boosting throughput to over 1,900 transactions per second. The network has also seen record stablecoin transfer volumes and key integrations, including Polymarket's move to native USDC and payment integrations with Revolut, Paxos, and Moonpay.
For the rally to continue, POL must break the key psychological resistance at $0.10, with the next major target at the 0.618 Fibonacci retracement level of $0.1470. Immediate technical resistance aligns with the 20-day Exponential Moving Average (EMA) at $0.1041. Failure to hold gains could see a decline toward the major support level at $0.088.
