Polygon has matched Ethereum’s Total Value Locked at 29%. The price of POL hovers around 0.22 USD, facing key resistance at 0.2899 USD. A rebound could promote price targets of 0.3426 USD and 0.4209 USD if upward momentum is sustained.
Exchange data shows outflows of approximately 608,780 USD from POL, reflecting cautious sentiment among traders. Additionally, Open Interest in the derivatives market has decreased by 8.10% to 142.54 million USD, indicating reduced speculative interest.
Leave a Reply