- Polygon price surged to highs of $0.15 following a 15% rally.
- The POL token climbed on Thursday while Bitcoin attempted to bounce from recent lows near $90,000.
- Announcements about the Open Money Stack and a potential Coinme acquisition supported buyers.
Polygon (formerly MATIC) recorded a strong 15% increase over the past 24 hours, pushing the token to its highest level in about a month despite broader weakness in the crypto market.
At the time of writing, POL was trading near $0.14, with 24-hour trading volume rising roughly 137% to about $228 million.
While Bitcoin faced downside pressure on Friday, Polygon’s price posted notable gains.
Market data showed a double-digit rally that allowed bulls to reach intraday highs of $0.15, building on the token’s recovery from $0.09 on January 1, 2026.
Polygon price today: Why is POL rising?
The recent uptick in POL to near $0.15 coincided with positive reactions from the community to several project developments.
Central to the optimism are Polygon’s plans to position its network as a foundation for on-chain money and programmable finance.
That bullish sentiment was driven by strategic updates from Polygon co-founder Sandeep Nailwal and Polygon Labs CEO Marc Boiron.
The project unveiled the Open Money Stack, a modular framework intended to bridge fiat and on-chain settlement.
Rather than creating a closed ecosystem, the Open Money Stack is designed to be interoperable, enabling businesses to adopt only the components they need while staying connected across networks.
Polygon presents this framework as a step toward making blockchain-based payments as seamless and intuitive as traditional financial transactions.
Nailwal has suggested that “all money will move on-chain over time,” and Open Money Stack is positioned as fundamental infrastructure supporting that transition.
Another development that reinforced bullish sentiment was a report that Polygon is nearing a $100–$125 million acquisition of Coinme, a major Bitcoin ATM operator.
Coinme operates one of the largest crypto ATM networks, with coverage across 49 US states.
An acquisition of Coinme would be a strategic move for Polygon, advancing its efforts to connect traditional fiat infrastructure with blockchain technology.
Together, these announcements have boosted investor confidence and signaled the Layer-2’s ambitions for growth and integration.
Polygon price forecast
After breaking above the key resistance at $0.13, Polygon’s price is trading at a one-month high and showing renewed bullish momentum. That said, market conditions still call for caution.
If buying pressure continues, POL’s upward trajectory could extend further. The recent breakout from lower levels demonstrated notable bullish strength and appetite among traders.
After earlier declines that pushed POL below $0.10, a notable bounce has shifted attention to the next key target around $0.20. Reclaiming and holding $0.20 would be a bullish signal that might open the door to a larger rally.
Above $0.20, immediate supply pressure is likely near $0.27 and $0.30, and if momentum is strong, the token could test the $0.50 range in the medium term.
On the downside, the year-to-date low of $0.09 remains an important support level to watch.
Technical indicators such as the extended RSI suggest the possibility of short-term pullbacks driven by profit-taking, so traders should manage risk accordingly.