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POL (prev. MATIC) Price Rebounds Sharply—Will it Break the Consolidation & Hit $0.3?

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By on August 5, 2025 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post POL (prev. MATIC) Price Rebounds Sharply—Will it Break the Consolidation & Hit $0.3? appeared first on Coinpedia Fintech News

Polygon’s native token, POL (formerly MATIC), is showing signs of a strong recovery after a prolonged consolidation phase. With renewed bullish momentum and rising trading volumes, investors are eyeing the crucial $0.30 resistance level. The recent price action suggests growing confidence among traders, possibly fueled by ecosystem upgrades and increased on-chain activity. As POL price inches closer to a potential breakout, the key question remains: can it sustain the momentum and reclaim its bullish trend?

Why Is the POL Price Rising?

Polygon’s transition to POL from MATIC is gaining momentum, backed by key network upgrades like the Bhilai upgrade, which went live in July 2025. This major upgrade boosted throughput to over 1,000 TPS, reduced finality to ~5 seconds, and slashed gas fees, positioning Polygon as one of the fastest and cheapest chains in the space. Alongside this, the AggLayer v3.0 rollout under the Polygon 2.0 roadmap introduced advanced ZK-powered interoperability, enabling seamless cross-chain communication and liquidity. 

The migration from MATIC to POL is nearly complete, with over 92% of tokens converted, and POL now powers gas, staking, and governance across the network. On-chain activity remains strong with 1.6M+ daily users and $1B+ TVL, signalling robust demand. These developments reinforce Polygon’s long-term goal of hitting 100,000 TPS by 2026. 

Will the POL Price Reach $0.3 in August 2025?

After a rejection at $0.76 last year, the POL price has been maintaining a steep descending trend but stabilized between $0.16 and $0.25. The tokens continue to trade within the range, while the latest rebound has revived the bullish possibilities. The token has started a V-shaped recovery, which may be validated after securing the range above $0.25. The technicals have flashed a bullish signal, and hence, the POL price is believed to maintain a healthy upswing. 

After the latest upswing, the token has risen above the Ichimoku cloud, while the price is trading between the base & conversion line. This suggests the growing bullish momentum and with the bullish crossover of the lines, the POL price is expected to clear the resistance zone and reach the upper resistance at $0.25. Meanwhile, the MACD shows a drop in the selling pressure while the levels are heading towards a bullish crossover that may strengthen the ongoing ascending trend. 

Therefore, the price of POL (formerly MATIC) could rally toward the $0.30 mark if it successfully breaks out of the current consolidation pattern, supported by strong network fundamentals and growing market interest. However, if the token fails to breach this key resistance zone, it may continue to trade sideways within the existing range, delaying any significant upward move. A decisive breakout remains crucial for confirming a bullish reversal and setting the stage for a sustained price rally.

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