Polygon Surges 0.926% as Co-Founder Returns, Eyes $0.30

Polygon's latest price was $0.1833, up 0.926% in the last 24 hours. This increase comes as the cryptocurrency has been gaining attention due to the return of its co-founder, Sandeep Nailwal, as the CEO of the Polygon Foundation. This leadership change has brought renewed focus to the project, with analysts noting a falling wedge pattern that often signals a potential breakout. Nailwal's leadership is expected to bring focus to scaling the PoS network and rolling out the AggLayer protocol, which supports a more efficient system and reflects steady development activity. The chart setup, alongside the leadership change, may signal a near-term opportunity for those looking at mid-sized projects with strong fundamentals. It is important to monitor resistance and support levels to confirm trend strength.

Polygon has shown signs of life with the MACD flipping bullish and higher support holding around $0.202. If this momentum continues, analysts say POL could reach $0.30 in the near term, or even aim for $1.15 based on Fib models. The current target stands between $0.225 and $0.248, with some suggesting it may climb toward $0.27–$0.30. Technical momentum has picked up, helped by the MACD crossing bullish. The breakout zone around $0.202 has held firm, and many are now watching the $0.265 zone as the next challenge. Mid-term expectations are rising as well. Some chart watchers point to a possible run to $0.524 or even $1.15 if broader market support holds. However, much depends on breaking above the $0.244–$0.248 range with volume. For now, POL remains one of the few altcoins holding technical strength during market turbulence.