Polygon price bull run accelerates as POL burn rate soars

Polygon worth continued its bull run, persevering with a pattern that began on January 1, when trades and burn charges soared.

Polygon (POL) has now jumped on daily basis this yr and is hovering at its highest stage since November 11. It’s up greater than 80% from its lowest stage this yr.

The rally is a large reversal after the token fell 66% from a excessive in September to a low in December. This crash occurred because the community continued to lose market share to different layer 2 networks similar to Base, Optimism and Arbitrum.

Polygon’s wave is occurring because the token burn accelerates. Knowledge reveals that the community has burned thousands and thousands of tokens this yr alone, far exceeding the quantity in 2025.

Community charges have additionally elevated dramatically this month. Knowledge collected by DeFi Llama reveals that the community has earned $1.7 million in charges this yr alone. Compensation elevated to $691,091 in December, $928,335 in November and $538,231 in October.

Different statistics present that the community is doing effectively, with the decentralized exchange quantity rose to greater than $246 million on Sunday, up from yesterday’s $245 million. Quantity rose to over $2.28 billion this month, that means it can surpass the $5.89 billion it processed final month.

Polygon additionally continued to do effectively in different areas, particularly within the funds sector, the place it was embraced by different corporations similar to Stripe, Revolut and Shift4 Funds. It has additionally turn into a serious participant within the prediction market, the place it’s the blockchain community for Polymarket.

Technical evaluation of the polygon worth

The every day timeframe chart reveals that POL worth has recovered in latest weeks, from a low of $0.098 on January 1 to a excessive of $0.18.

It has risen above the 38.2% Fibonacci Retracement stage and the underside of the buying and selling vary of the Murrey Math Strains device. It stays above the 50-day and 100-day exponential transferring averages.

The Common Directional Index has remained above 50, an indication that the pattern is strengthening. Due to this fact, the most probably state of affairs is that the worth continues to rise because the bulls goal the important thing resistance stage at $0.20, which is barely above the important thing S/N pivot level of the Murrey Math Strains device.

Nonetheless, a decline under the important thing assist stage at $0.1500 will negate the bullish outlook.