Polygon Shows Strength: Can POL Stage a Full Recovery?

Polygon leads in stablecoin growth with over 11.12 million P2P addresses in 2025.

POL trades lower despite strong network activity and faces resistance at $0.1837.

Analysts predict a breakout to $0.28–$0.40 if bullish momentum builds.

Stablecoins are swarming to Polygon’s POL like bees to nectar. And the numbers don’t lie. In just the first half of 2025, the network recorded over 11.12 million peer-to-peer stablecoin addresses. That’s more than all of 2022 and 2024 combined. Investors are waking up. Something big brews on this chain. But while the ecosystem thrives, the POL token isn’t quite dancing in the sunlight. Can it rise from the mud and reclaim its crown?

Stablecoins Surge, But POL Stumbles

Polygon’s stablecoin infrastructure isn’t just expanding—it’s exploding. CEO Sandeep Nailwal believes this surge will continue. With global stablecoin regulation maturing, more users and institutions are jumping on board. In June alone, Polygon outpaced all competitors in USDC active user growth, according to Token Terminal. That’s no small feat. This kind of momentum pulls capital like gravity. Despite these golden fundamentals, POL—the native token formerly known as MATIC—feels stuck in a rut.

As of now, POL trades around $0.1823. That’s a 4.7% dip in the last 24 hours. A wider crypto market slump on Friday added weight to this drop. But the bigger picture paints a rougher story. Since December 2024, POL has lost 64% of its value. It also shed $4 billion in market cap. That’s a tough pill for investors to swallow. The token has been stuck in a horizontal range since March. Some see this as stagnation. Others see potential. Analysts on X are placing hopeful bets on a breakout. Some call for a rally to $0.40 in the next few months.

Technicals Hint at Opportunity and Risk

On the charts, POL shows mixed signals. The RSI currently sits above 44. That suggests a neutral but slightly bearish trend. But the door remains open for upside. If buyers show up, momentum could shift fast. The price also sits just below the 20-day simple moving average at $0.1837. This level has become a short-term ceiling. A daily close above it may unlock a climb toward $0.20.

The MACD still floats under zero. However, a gentle convergence is forming. That could hint at a near-term reversal. If bulls take charge, POL might reach the $0.24–$0.28 zone. On the flip side, weakness could push the price down to $0.155. That’s a steep cliff—one traders don’t want to fall from. Still, accumulation zones can spark breakouts. This sideways channel may be the storm’s calm before POL takes flight.

Polygon’s ecosystem tells a story of growth. Stablecoins flock here. Developers stay busy. And regulatory clarity helps confidence bloom. The token may not reflect that strength yet—but tides shift quickly in crypto. POL looks battered. But even tired warriors can rise again. If technicals align and sentiment returns, a recovery isn’t just possible. It may already be building beneath the surface.