- Polygon price rose to highs of $0.15 following a 15% surge.
- The POL token climbed on Thursday as Bitcoin attempted to bounce off recent lows near $90,000.
- Open Money Stack and a potential Coinme acquisition encouraged buyers.
Polygon (formerly MATIC) saw a sharp 15% price increase over the past 24 hours, pushing the token toward its highest level in a month amid broader crypto market weakness.
At the time of writing, POL traded around $0.14, with trading volume up 137% to $228 million.
Bitcoin’s struggle on Friday coincided with selling pressure on Polygon, yet data showed a double-digit uptick that allowed bulls to reach daily highs of $0.15. This added momentum follows the token’s rise from a January 1, 2026 low of $0.09.
Polygon price today: Why is POL rallying?
The Polygon token jumped to nearly $0.15 as the community reacted positively to several project developments. Chief among them are plans positioning the network as the future of on-chain money.
Announcements about the project’s 2026 roadmap appear to have bolstered optimism for this Ethereum Layer-2 scaling solution. The vision was outlined by Polygon co-founder Sandeep Nailwal and Polygon Labs CEO Marc Boiron.
The project specifically unveiled Open Money Stack, a modular framework designed to bridge fiat and on-chain settlement. Rather than building a closed ecosystem, Open Money Stack aims to be interoperable, allowing businesses to adopt only the components they need while remaining connected to other networks.
Polygon presents this approach as a step toward making blockchain-based payments as seamless as traditional financial systems. Nailwal summarized the long-term ambition by saying that “all money will move on-chain over time,” positioning Open Money Stack as core infrastructure for the next era of programmable finance.
Another development that energized bulls was reporting that Polygon is close to acquiring Coinme for roughly $100–125 million. Coinme is a major operator of Bitcoin ATMs and maintains a footprint across 49 U.S. states.
Such an acquisition would be a strategic move to further connect traditional fiat infrastructure with blockchain technology, and investors have shown confidence in response to these updates.
Taken together, these initiatives signal an ambitious evolution of Polygon’s Layer-2 model.
Polygon price outlook
Bulls remain in control at the monthly high after breaking a key resistance near $0.13. Market conditions still call for caution, but Polygon’s trajectory could continue upward if bullish momentum holds.
The token’s recent breakout from lower levels demonstrated renewed buying strength. Buyers feared the worst when POL dipped below $0.10, but the strong rebound points to further upside potential with the next critical target at $0.20.
If bulls reclaim $0.20 decisively, that could open the way to more significant gains. Immediate resistance beyond the $0.20 area sits near $0.27 and $0.30, and in a short-term bullish scenario the range toward $0.50 could be revisited.
On the downside, the key support remains the year-to-date low at $0.09. An expanded RSI reading on the chart above suggests the possibility of a pullback as traders take profits.
