Polygon (POL) Price Teases 100% Breakout As On-Chain Activity Explodes – Here’s What Could Happen

Polygon price is starting to turn heads as traders watch a chart setup that could lead to a big move. The token has been coiling inside a symmetrical triangle for months, and now it’s pressing against resistance just as its network quietly powers millions of transactions every day.

A chart shared by Globe Of Crypto on X shows POL trading in a long-term symmetrical triangle. The upper line of the pattern, built from months of lower highs since late 2024, sits around $0.22–$0.23. The rising support line from early 2025 is holding near $0.19–$0.20.

Image Source: X/GlobeofCryto

Right now, POL price is hovering around $0.226. Buyers have stepped in multiple times at the lower trendline, showing that the ascending support is still strong

If POL can break above $0.23 with momentum, the move could kick off a rally to around $0.35, with the chart suggesting a potential run toward $0.45–$0.55. That lines up with Globe Of Crypto’s call for a 100–120% mid-term rally.

Of course, if the token slips below $0.19, the price of POL could drop toward $0.16, with $0.10 as the next deeper support. For now, all eyes are on whether volume can push the breakout over the top.

Polygon Network Is Busy Behind the Scenes

While the chart is setting up for a potential move, Polygon’s network is quietly doing the work. Renksi pointed out that Polygon is handling over 3 million transactions a day, with fees under $0.002.

That kind of scale shows that POL isn’t just drifting on hype, it’s running a chain that is both efficient and active. Real on-chain activity like this often gives a price move more credibility because the network is actually being used.

Polygon is doing over 3M daily transactions consistently And the average fee? Still under $0.002That’s scale and true efficiency$POL quietly powering real on-chain activity pic.twitter.com/50Oz6BS2v2

— Renksi (@renksieth) August 6, 2025

Monitor the $0.23–$0.25 for now. A clean breakout could trigger the 100% rise traders are anticipating, while failure to break above resistance could keep POL price stuck in its triangle longer.

With the chart tightening and network activity staying strong, POL is approaching a make-or-break moment, one that could set up its next major move.

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The post Polygon (POL) Price Teases 100% Breakout as On-Chain Activity Explodes – Here’s What Could Happen appeared first on CaptainAltcoin.