The post Why Polygon (POL) Price Is Rising Today—How High Can It Go Next? appeared first on Coinpedia Fintech News
Polygon’s POL price is gaining traction as traders rotate into altcoins showing relative strength and clean technical structure. While the broader crypto market remains cautious, POL has started to attract fresh volume and momentum-driven participation, pushing prices higher in the short term.
The move comes amid renewed attention on the Polygon ecosystem and improving sentiment around scalable Ethereum-linked assets. The rally is being supported by price behavior, making POL one of the more closely watched altcoins right now.
Why POL Price Is Rising Now
A key trigger has been renewed focus on Polygon’s Open Money Stack, a payments and settlement framework aimed at enabling regulated stablecoin transfers and on-chain settlement. This has pushed POL back into the spotlight as a payments-linked trade, drawing short-term speculative flows as traders rotate into real-world utility narratives.
At the same time, recent market reports around Polygon exploring strategic integrations and a potential acquisition of Coinme have lifted sentiment. While unconfirmed, the news flow has positioned POL as a candidate for deeper on- and off-ramp exposure, which traders are front-running.
On-chain data from the past few weeks shows clear improvement: daily POL burns have accelerated to around 1 million tokens, active addresses are up over 25%, and transaction volumes have risen close to 20%, signaling stronger network usage and tightening short-term supply.
Together, these recent catalysts explain why POL is attracting momentum now—driven by news, speculation, and measurable activity, not broad market strength alone.
How High Can Polygon Price Go in 2026?
Ever since the rejection from $0.2964, the POL price has maintained a strong descending trend, marking the lows below $0.1. The start of 2026 turned out to be extremely bullish as the prices rose by over 50%. However, the token is facing significant upward pressure at a crucial resistance that may raise some concern. But in the wider perspective, the bulls appear to be poised for an 18% to 20% jump that may open the doors for higher targets.
The POL price rebounded from the lows at 0 FIB at $0.098 and surged magnificently to reach 0.236 FIB, where it faced resistance. The RSI has entered the overbought zone while not showing signs of a pullback. This suggests the bullish momentum remains intact despite facing some resistance. On the other hand, the accumulation/distribution level displays a V-shape recovery that indicates the accumulation has begun aggressively, ending the distribution. The volume is in bullish favour, which has increased notably; hence, the POL price is primed to maintain a healthy upswing.
Here’s What Traders Should Watch Next!
Polygon’s POL price upside depends on how the price reacts at key resistance zones, with momentum currently favoring continuation as long as structure holds.
- Near-term target: $0.15–$0.16: This is the first major resistance zone where sellers previously stepped in. A clean break and hold above this level could trigger follow-through buying.
- Next upside target: $0.20–$0.22: A psychological and structural level. Reclaiming this zone would signal a broader trend shift and attract momentum and breakout traders.
- Extended bullish target: $0.25–$0.28: This area aligns with higher-timeframe supply. POL would need sustained volume and a supportive market environment to reach this zone.
- Bearish invalidation level: $0.11–$0.12: A breakdown below this support would weaken the bullish structure and increase the risk of a deeper pullback.
For traders, these levels should be treated as reaction zones, not guaranteed targets. Volume behavior and price acceptance at each level will determine whether POL consolidates, extends, or rejects.
