Polygon jumps 18% – How POL erased all of December’s losses
The post Polygon jumps 18% – How POL erased all of December’s losses appeared on BitcoinEthereumNews.com.
Polygon [POL] has extended its strong upward trend after rebounding from a dip below $0.10 last week. Since holding that support, the altcoin has posted higher highs for nine consecutive days, signaling firm buyer control. The rally pushed POL to $0.151, a level last seen in November, effectively erasing all of December’s losses. At the time of writing, the token was trading at $0.1505, up 18.12% on the daily charts. This surge was reinforced by a 98% increase in trading volume and an 18.19% rise in market capitalization, pointing to steady capital inflows. Polygon sees elevated conviction Moreover, as POL showed sustained upward momentum, buyers stepped in at each key level and defended it over the past week. Over the last 24 hours, for example, the altcoin recorded 114.6 million in Buy Volume, at the time of writing. Despite that, sellers have also followed the uptrend strongly, recording 110 million in Sell Volume over the same period. Source: Coinalyze Despite that, they have failed to displace buyers who have shown greater determination to hold the market. As a result, the Buy Sell Delta has remained largely positive at press time, a clear sign of buyer dominance. Furthermore, the Accumulation and Distribution Volume also echoed the accumulation trend. Polygon saw elevated volume, rising to 61 million, with buyers taking 51.9 million while sellers saw 50.29 million. Source: TradingView Thus, while the market has remained competitive, the accumulation and distribution line suggested absorption. Historically, these market conditions have boosted asset prices. Polygon to announce a grand vision Amid strong market performance and suitable conditions, Polygon’s CEO, Sandeep Nailwal, announced Polygon’s vision, labelled Open Money Stack. According to Sandeep, Polygon has entered a new phase of building how the world experiences money via an integrated stack. One integrated stack will move all the money…
Filed under: News - @ January 9, 2026 12:23 pm