Polygon’s POL Token Shows Potential Momentum Ahead of Heimdall v2 Mainnet Upgrade

Key Points

1. Polygon’s Heimdall v2 upgrade transitions the consensus layer to CometBFT and Cosmos-SDK v0.50, improving security, stability, and traceability while reducing technical debt.

2. The upgrade supports Polygon’s goal of scaling its PoS chain to 1,000 TPS by July and exceeding 5,000 TPS by October through the AggLayer initiative.

3. POL’s price increased by 7% in 24 hours and 11% over the past week, with trading volume surging over 70% and open interest in derivatives rising nearly 11%.

4. Technical indicators show POL breaking above key moving averages, with an RSI of 57 suggesting potential for further gains before overbought conditions.

5. Heimdall v2 was tested on the Amoy testnet with critical enhancements, and node operators are advised to upgrade to maintain compatibility post-fork.

6. The mainnet upgrade is scheduled between 2:00 PM and 5:00 PM UTC at block height 24,404,500.