Polygon’s native token POL extended its winning streak to five consecutive days on Tuesday, trading above $0.1200 after a 45% rally last week. The token has reclaimed the psychological $0.1000 level and broken above a long-term descending resistance line, strengthening its near-term technical outlook. Renewed network activity is supporting the recovery, although extreme momentum readings are raising the chances of consolidation or a corrective pullback.
On-chain data highlights the improving fundamentals. Polygon recorded approximately 41.44 million weekly transactions, up from 38.45 million the previous week, a rise of about 7.8%. While activity remains below the 71.27 million transactions seen in mid-March, it is well above the late-2025 weekly average of roughly 30 million. Polygon’s Real Economic Value also increased to about 6.06 million POL from 5.65 million POL, with priority fees accounting for approximately 2.44 million POL. Weekly REV has stayed above 5 million POL since early May, reflecting consistent demand for network services and blockspace. Total value locked on Polygon-based protocols has also seen a modest increase, suggesting capital is flowing back into the ecosystem.
From a technical perspective, POL is trading above its 50-day EMA near $0.0833 and its 200-day EMA near $0.0967. The breakout above the descending resistance around $0.0840 suggests buyers have regained control, while the MACD remains positive. However, the 4-hour Relative Strength Index is near 75, putting the token in overbought territory. If momentum continues, the next major target is the October 11 low at $0.1795, implying roughly a 47% gain from $0.1220. Key support sits at the psychological $0.1000 level, followed by the 200-day EMA near $0.0967 and the reclaimed trendline around $0.0840. Broader adoption of Polygon’s scaling solutions across DeFi and gaming applications is also providing a fundamental tailwind, but short-term volatility remains a risk.
