MATIC

MATIC (migrated to POL)

Is the crypto market shifting once again as major networks stabilize and new opportunities emerge? As Polygon and BNB Coin navigate recovery and breakout phases, investors are closely watching where capital flows next in the search for the best crypto to buy today. While Polygon ...

The new joint partnership by WalletConnect and Polygon Labs indicates stablecoin payments have gone beyond experiments and into full-scale infrastructure.

BitcoinWorld USDC Bridge Launches: Circle’s Revolutionary Tool Simplifies Cross-Chain Transfers In a significant move for blockchain interoperability, Circle Internet Financial has officially launched its “USDC Bridge,” a service designed to fundamentally simplify the complex pro...

Polygon is drawing renewed attention in the crypto market after introducing a new liquid staking token, sPOL, a move that is already influencing both price action and liquidity dynamics. The staking token, which allows users to stake while maintaining access to their capital, has effectively unlocked roughly $330 million previously tied up in staking. sPOL unlock reshapes liquidity dynamics The launch of sPOL marks a shift in how staking works within the Polygon ecosystem. Traditionally, staking required users to lock up their tokens, removing them from active circulation in decentralised finance. But with sPOL, users receive a liquid representation of their staked assets, which can then be deployed across DeFi protocols. This change transforms idle capital into productive capital. The estimated $330 million now unlocked can be used for lending, collateral, or trading strategies. In practical terms, that increases activity across the network and improves overall capital efficiency. There is also a behavioural impact. Investors who were previously hesitant to stake due to illiquidity constraints now have fewer reasons to stay on the sidelines. This could gradually increase participation rates, especially among DeFi-focused users who value flexibility. At the same time, unlocking liquidity introduces a balancing factor. While it supports ecosystem growth, it also means some holders may choose to rotate or sell their positions. This dual effect is important when interpreting the recent price movement. Polygon (POL) price outlook Against this backdrop, POL has shown modest upward momentum. The token is currently trading around $0.09004, reflecting a 1.4% gain over the past 24 hours. During that period, the price fluctuated between $0.08816 and $0.09088, indicating a tight consolidation range just below the resistance level. The $0.0908–$0.0910 zone has emerged as a clear ceiling, with selling pressure repeatedly capping upward moves. Polygon (POL) price chart | Source: TradingView Price action sitting just below this level suggests that the market is waiting for a decisive trigger. Short-term performance supports this view. POL is up 0.7% over the past hour and 6.1% over the last seven days, pointing to a steady recovery phase. However, the broader trend remains mixed, with the token still down 6.8% over 30 days and more than 50% over the past year. Volume offers additional context. With roughly $58.9 million traded over 24 hours, activity is present but not strong enough to confirm a breakout. For a sustained move above resistance, a noticeable increase in volume will be necessary. Another important detail is how close POL remains to its recent bottom. The token hit an all-time low of $0.08145 just five days ago, meaning the current price is only about 11% above that level. This proximity suggests that the market is still in an early recovery phase rather than a confirmed uptrend. From a technical perspective, support sits at $0.089. A break below this level could quickly push the price back toward $0.086 and potentially retest the $0.082 zone. On the upside, a clean move above $0.091 would open the door to $0.098, with $0.105 acting as the next psychological level. This creates a narrow but critical range where both bulls and bears are actively engaged. The post POL price rises as Polygon launches sPOL freeing up $330M DeFi capital appeared first on Invezz

Speaking in the Sejm on Friday ahead of a vote on overturning his rival’s veto, Tusk claimed that “Russian money was behind the Zondacrypto cryptocurrency platform,” which he alleged has “supported political and social initiatives” aligned with right‑wing groups in…

Polygon launches native liquid staking token sPOL, freeing up $330M in staked capital for DeFi use. Stripe picks Polygon for sub-cent AI agent settlements, bolstering its 22.1% stablecoin dominance. $POL price is at $0.09009, grinding the support trendline as it eyes a $0.105 target. Polygon POL 4.20% is emerging as the standout performer in the Layer 2 space, leveraging a successful post-hardfork environment and the official launch of native liquid staking. While the broader market navigates a period of cautious consolidation, Polygon’s 6.5% weekly surge highlights a growing institutional appetite for the network’s “Gigagas” roadmap. With the successful activation of the Giugliano hardfork and a dominant 22.1% share of the global stablecoin market, the project is rapidly proving that its transition to the POL ticker was the catalyst needed to unlock the next phase of its growth cycle. The ‘sPOL’ Spark: Unlocking $330 Million in Staked Capital On April 15, Polygon officially launched sPOL, the network’s native liquid staking token. The launch has effectively unlocked approximately $330 million in previously illiquid staked capital, allowing users to maintain network security while simultaneously using their assets as collateral across the DeFi ecosystem. The 1:1 liquid wrapper addresses the “idle capital” problem that has historically weighed on the token’s utility. Complementing this liquidity boost is the news that Stripe has selected Polygon as the settlement layer for its new autonomous AI agent payments protocol. By facilitating sub-cent transaction costs for AI-to-AI commerce, Polygon is securing a “first-mover” advantage in the emerging agent economy. These developments, supported by rumors of a fresh $100 million payments funding round, are providing the fundamental tailwinds needed to maintain a $957 million market capitalization. Polygon Price in a Support Grind Following a localized bottom on April 16, the Polygon price established a robust green ascending support trendline. The support trendline has caught every minor intraday pullback, reflecting consistent accumulation from “smart money” buyers who are fading the recent monthly 7% drawdown. POLYGON USDT (15 min chart) The visual data highlights a formidable “pink zone” of resistance between $0.0908 and $0.0910. This area represents a major supply ceiling where the bulls were rejected earlier today. The price is currently trading at $0.09009, hovering near the apex of a localized symmetrical wedge. For a confirmed macro trend reversal, the asset needs to print a high-volume close above the $0.0910 mark, which would signal that the sellers have finally exhausted their inventory. On the lower timeframes, the Relative Strength Index (RSI) is currently trending near 52, placing it in perfectly neutral territory. This confirms that the recent rally has not yet reached an overbought state, leaving ample “fuel” for a test of the overhead resistance. The Moving Average Convergence Divergence (MACD) is showing a tightening alignment with the signal line, reflecting the current consolidation phase. A bullish crossover here, accompanied by a spike in the $64 million 24-hour volume, would be the final signal for a volatility expansion. The launch of sPOL has already seen a notable uptick in on-chain activity, with the Value Area shifting higher as users rotate illiquid stakes into active DeFi positions. The next major target for the Polygon price is the $0.0980 supply zone if $POL can successfully break and hold above the $0.0910 resistance on high volume. According to our price analysis , a reclaim of this level would effectively erase the monthly slide and signal a move toward the $0.1050 psychological milestone as the sPOL liquidity begins to circulate through the ecosystem. Conversely, if the green ascending support line near $0.0890 fails to hold under selling pressure, a quick slide toward the $0.0860 structural floor is likely. Our price forecast suggests a breakdown below this level would be technically damaging, potentially extending the 7% monthly correction toward the $0.0820 liquidity pool. Also Read: Goldman Sachs Bitcoin ETF Play: How the Strategy Turns BTC Into Yield?

Ramp has launched a new multichain wallet that combines buying, selling, swapping and cashing out crypto in a single app. The wallet starts with ETH support across eight networks and will expand to Bitcoin, Solana, BNB Chain, Avalanche and others. Ramp is moving beyond its famili...

Ramp Network launched a self-custodial wallet seeking to improve user experience fragmentation by reducing third-party dependencies during asset swaps.

Symbiosis and B.AI partner to deliver cross-chain liquidity across 60+ networks, empowering AI agents to operate seamlessly in the emerging agent economy.