Polygon Climbs 3%, Standing Strong Against Sector Weakness
Polygon’s POL Rises 3% Amid Strong Volume, Defies Broader Market Pullback
Polygon’s native token, POL, posted a 3% gain over the past 24 hours, outperforming the broader crypto market despite intense selling pressure in the afternoon session.
The token surged early in U.S. trading, jumping from $0.206 to $0.225 on strong momentum before encountering resistance. Trading volumes spiked significantly, reaching 708,489 and 804,401 units across two sessions—well above the 24-hour average of 410,606—signaling heightened market activity.
By late afternoon, profit-taking trimmed gains, pushing POL back to $0.221. Still, the asset remains one of the day’s better performers compared to the CoinDesk 20 Index, which declined 2.4%.
Despite Tuesday’s uptick, POL remains down over 90% from its all-time high of $2.92, recorded in December 2021.
Looking ahead, Polygon is sharpening its competitive edge. CEO and co-founder Sandeep Nailwal, who assumed the role in June, told Bloomberg that the team is focused on scaling AggLayer — a cross-chain connectivity solution — and expanding real-world asset and payments infrastructure.
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