POL Price Eyes Breakout Ahead of Heimdall v2 Hard Fork
The post POL Price Eyes Breakout Ahead of Heimdall v2 Hard Fork appeared on BitcoinEthereumNews.com.
Polygon (POL) surged nearly 7% in 24 hours, reaching a high of $0.1975 ahead of the Heimdall v2 upgrade. Trading volume jumped 31.94%, reflecting renewed investor interest as the July 10 launch nears. Heimdall v2 introduces a major overhaul, slashing finality to 5 seconds and eliminating legacy technical debt. The price of Polygon’s native token, POL, is pushing against a key resistance level and eyeing a major breakout as the network prepares to launch its most technically complex hard fork ever today, July 10. POL has jumped nearly 7% in the last 24 hours, hitting a daily high of $0.1975, with trading volume spiking 31.94%. indicating renewed market interest ahead of the upgrade. The Catalyst: What Is the Heimdall v2 Upgrade? The Heimdall v2 hard fork is the most ambitious in Polygon’s history. It revamps the network’s consensus layer to a newer, more efficient system (CometBFT and Cosmos SDK v0.50) Shipping Announcement! 🚢 We’ve been on a shipping spree—and next up is Polygon PoS’s consensus layer, Heimdall v2, landing 10 July 2025. ‼️ This is the most technically complex hard-fork Polygon PoS has seen since it’s launch in 2020 ‼️ What’s changing?1. Heimdall sheds all… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) July 8, 2025 For users, the main benefit is a massive improvement in speed. Transaction finality times are expected to be slashed to just 5 seconds, which will lead to a smoother user experience and safer bridging to other networks. Polygon co-founder Sandeep Nailwal stated that Heimdall v2 also clears out all the legacy technical debt from the network’s early architecture. Related: Polygon to Replace MATIC with POL Token, Price Impact Analysis With a warning on short-term volatility While the Polygon team expects the “smoothest upgrade yet,” Nailwal also issued a warning to node operators. He advised…
Filed under: News - @ July 10, 2025 7:32 am