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POL (prev. MATIC) Breaks Out: Is It Time to Go Long?

2025-07-09 12:08:43

Main Idea

The recent surge in POL's price is driven by the upcoming Heimdall v2 upgrade, which aims to significantly improve Polygon PoS's performance and reliability, while POL's utility and adoption within the ecosystem are increasing.

Key Points

1. The Heimdall v2 upgrade, scheduled for July 10, 2025, will migrate Polygon PoS's consensus layer to CometBFT + Cosmos-SDK v0.50, reducing transaction finality to 4–6 seconds and improving block processing speed.

2. The upgrade enhances bridging reliability, cleans up legacy code, and supports Polygon 2.0's vision for a faster, more secure network.

3. Over 85% of MATIC holders have migrated to POL, increasing validator activity as POL becomes central to governance and staking.

4. POL's price recently broke above $0.19 resistance with increased trading volume, but faces heavy resistance between $0.20 and $0.46.

5. Potential risks include post-upgrade bugs, validator lag, broader market weakness, or Bitcoin volatility affecting POL's breakout.

Description

The post POL (prev. MATIC) Breaks Out: Is It Time to Go Long? appeared first on Coinpedia Fintech News The recent surge in the price of POL , previously known as MATIC, has caught the attention of both retail investors and long-term traders. With the price breaking above a key resistance zone ahead of the highly anticipated Heimdall upgrade, the market sentiment is shifting. With this, the question arises whether the current breakout can be considered as a genuine opportunity to take up long or ...

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