In recent months, the cryptocurrency market has seen significant volatility, and among the most talked-about movements is the sharp decline — and potential rebound — of Polygon, now rebranded from MATIC to POL. Once a top-tier blockchain project by market capitalization, Polygon has slipped to around the 40th position amid broader market corrections and internal challenges. However, fresh technical analysis suggests a powerful recovery could be on the horizon.
Currently, POL is down 2.9% on the daily chart, 13.8% weekly, and a staggering 28.9% over 14 days, with a nearly 8% drop month-over-month. These numbers reflect not just market-wide bearish sentiment but also project-specific headwinds that have contributed to the downturn.
Why Has POL's Price Dropped?
While Polygon’s decline aligns with broader crypto market trends, several unique factors have intensified its fall.
One of the most significant catalysts has been the migration from MATIC to POL. Although intended to signal a new era of scalability and governance upgrades, the rebranding process introduced uncertainty. User activity across the network has noticeably declined, and large wallet holders — often referred to as "whales" — have begun offloading their holdings.
This sell-off, combined with reduced on-chain engagement, has weakened investor confidence. In a market already sensitive to sentiment, these developments created a perfect storm, pushing POL into a prolonged consolidation phase.
Additionally, competition in the Layer 2 scaling space has intensified. With rising alternatives like Arbitrum, Optimism, and zkSync gaining traction, Polygon faces increasing pressure to innovate and retain developer and user adoption.
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Technical Outlook: Is a 150% Rally Possible?
Despite the current bearish momentum, some analysts see strong potential for recovery — even a dramatic upside move.
Renowned crypto analyst Ali Martinez recently identified a descending triangle pattern forming on POL’s price chart. This technical formation typically signals either a continuation of the downtrend or a breakout reversal — depending on how price interacts with key support levels.
Martinez highlights $0.34 as a critical support level**. If POL successfully holds above this zone, it could trigger a bullish reversal with a projected target of **$0.94. That would represent an impressive +150% increase from current levels.
“A breakout above the triangle resistance with volume could confirm bullish momentum. Watch $0.34 closely — it’s the line in the sand,” Martinez noted.
However, he also issues a caution: if $0.34 breaks**, POL could plunge further toward **$0.19, representing a 48.6% downside from today’s price. This dual scenario underscores the importance of risk management and close monitoring of key technical levels.
Diverging Price Predictions: What Other Analysts Say
Not all forecasts are as aggressive as Martinez’s $0.94 target, but there’s still room for optimism across various research platforms.
CoinCodex Forecast
CoinCodex researchers suggest a more conservative near-term outlook. They project POL trading around $0.40 over the next two weeks**, followed by a slight dip to **$0.39. While not explosive, this stability could lay the groundwork for future growth if macroeconomic conditions improve.
Changelly’s Bullish Take
On the more optimistic end, Changelly forecasts that Polygon could reach a high of $0.4751 in September — a rise of approximately 28.41% from current prices. This prediction assumes gradual recovery driven by renewed ecosystem activity and improved market sentiment.
These varying projections highlight the uncertainty in today’s crypto landscape but also point to a consensus: Polygon remains a project worth watching, especially at current support levels.
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Core Keywords Driving Search Interest
To align with current search trends and user intent, here are the core keywords naturally integrated throughout this analysis:
- Polygon price prediction
- POL vs MATIC
- MATIC to POL migration
- Polygon rebranding impact
- POL price forecast 2025
- crypto technical analysis
- Layer 2 blockchain trends
- descending triangle breakout
These terms reflect what investors and traders are actively searching for — combining technical signals, project updates, and market sentiment.
Frequently Asked Questions (FAQ)
Q: What is the difference between MATIC and POL?
A: MATIC was the original token of the Polygon network. In 2025, it was rebranded to POL as part of a major upgrade focused on decentralization, governance, and expanded Layer 2 solutions. While functionally similar in many ways, POL represents a new phase in Polygon’s evolution.
Q: Why did Polygon’s price drop after the rebrand?
A: The rebrand introduced uncertainty among investors. Combined with declining user activity, whale sell-offs, and broader market weakness, the transition created downward pressure on POL’s price despite long-term strategic goals.
Q: Is $0.94 a realistic target for POL?
A: While ambitious, a move to $0.94 is technically possible if POL holds above $0.34 and breaks out of its descending triangle with strong volume. Historical volatility in crypto markets shows that such rallies can occur during periods of renewed bullish momentum.
Q: What happens if POL drops below $0.34?
A: A breakdown below $0.34 could signal further downside, potentially extending losses toward $0.19. Traders should consider this level a key risk threshold when evaluating entry or exit points.
Q: How does Polygon compete with other Layer 2 solutions?
A: Polygon continues to innovate with zk-powered rollups, modular infrastructure, and enterprise partnerships. Its ecosystem remains one of the largest in DeFi and gaming, giving it an edge despite growing competition.
Q: Where can I track POL price movements in real time?
A: Real-time data, charting tools, and expert analysis are available through major crypto platforms that provide up-to-date market intelligence and trading signals.
👉 Access advanced charting tools and live price alerts for POL and other digital assets.
Final Thoughts: A Pivotal Moment for Polygon
Polygon stands at a crossroads. The shift from MATIC to POL was meant to mark a new chapter of growth and decentralization — but timing matters. Entering this transition during a bearish cycle amplified risks and tested investor patience.
Yet, technical indicators suggest that the worst may be over — provided key support holds. With a potential 150% rally on the table and growing anticipation around Layer 2 innovation, POL could regain its status as a top blockchain contender.
For traders and long-term holders alike, monitoring the $0.34 support zone will be crucial in determining whether Polygon embarks on a recovery journey or faces deeper corrections.
As always in crypto, volatility brings both risk and opportunity — and right now, Polygon is offering plenty of both.