CandleFocus

Binance Lists Polygon’s POL Token: Price Impact

Binance has listed Polygon's new token, POL, and completed the swap from the previous MATIC token. Trading for POL pairs went live on September 13, 2024, and there is significant anticipation from traders regarding the token's price performance. Market observers note that the price initially stayed below $0.40 but surged higher due to increased buying volume. Analysts predict that POL could surpass $0.57 and challenge the $0.60 resistance zone. The network's capabilities and its position as the second-largest blockchain for tokenized real-world assets make Polygon a significant player in the space. There is optimism that POL could continue to rise and potentially reach the $1 mark. The market will closely monitor POL in the coming days to see if it can maintain momentum and overcome resistance levels.

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