POL price soars 10% ahead of Heimdall v2 upgrade; what’s next?
2025-07-09 13:01:22
Main Idea
The POL token's price surged 10% ahead of the Heimdall v2 upgrade for Polygon PoS, which aims to enhance network speed and security, with potential for further price movement if key resistance levels are broken.
Key Points
1. POL's price increased by 10% due to anticipation of the Heimdall v2 upgrade, scheduled for July 10, 2025.
2. The Heimdall v2 upgrade will transition from Tendermint + Cosmos SDK v0.37 to CometBFT + Cosmos SDK v0.50, removing outdated code to improve performance.
3. Transaction finality on Polygon PoS will drop to approximately 5 seconds post-upgrade, enhancing speed and reducing reorganizations.
4. POL is currently trading at $0.2057, facing resistance between $0.20 and $0.22; a breakout could lead to a 70% rally to $0.35.
5. The upgrade is the most significant technical update for Polygon PoS since its launch in 2020, according to Polygon CEO Sandeep Nailwal.
Description
Polygon is in the limelight on Wednesday as the broader cryptocurrency market displayed bullish momentum. POL led today’s gainers with a 10% surge, driven by increased excitement ahead of the Heimdall v2 upgrade, scheduled for the 10 July 2025 release. Polygon CEO Sandeep Nailwal announced the upcoming consensus layer hard fork, which is the most significant update since the network went live in 2020. He said : We’ve been on a shipping spree – and next up is Polygon PoS’s consensus layer, Heimda...
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