Polygon’s POL eyes rally ahead of Heimdall v2 mainnet launch on July 10
2025-07-09 07:59:29
Main Idea
Polygon's POL token is gaining momentum ahead of the Heimdall v2 mainnet upgrade, which aims to improve the network's technical infrastructure and scalability.
Key Points
1. POL token price rose 7% in 24 hours and 11% over the past week, with trading volume up 71.4% to $92 million.
2. Heimdall v2 is Polygon's most technically complex hard fork, updating the consensus layer to CometBFT and removing legacy code to reduce technical debt.
3. The upgrade aims to scale Polygon's PoS throughput to 1,000 TPS in July, with a long-term target of over 5,000 TPS.
4. Technical indicators suggest bullish momentum for POL, with the token surpassing key moving averages and Bollinger Bands widening.
5. The mainnet upgrade is scheduled for July 10 between 2:00 PM and 5:00 PM UTC at block height 24,404,500.
Description
Polygon’s POL token is seeing renewed momentum just a day before the Heimdall v2 mainnet upgrade, set for July 10. At press time, Polygon ( POL ) is trading at $0.2001, up 7% in the past 24 hours and 11% over the past week. Trading volume has jumped 71.4% to $92 million, with derivatives volume up 67.87% to $83.75 million, as per Coinglass data . Open interest has also climbed 10.98%, now standing at $98.7 million. These figures point to increased activity in both the spot and derivatives networ...
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