Friday, February 6, 2026
cryptonews100
No Result
View All Result
CryptoNews100
No Result
View All Result
Home Alt Coins Polygon

Polygon (POL) Plummets to $0.09 Amid Market Liquidation: Can On-Chain Utility Spark a Rebound?

cryptonews100_tggfrn by cryptonews100_tggfrn
February 6, 2026
in Polygon
0
Polygon (POL) Plummets to $0.09 Amid Market Liquidation: Can On-Chain Utility Spark a Rebound?
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
Sign up an get up to $1000 USDT!

Related articles

Polygon Hits $3.57 Billion In Payments As Crypto Activity Expands

Polygon Hits $3.57 Billion In Payments As Crypto Activity Expands

February 6, 2026
Ethereum Growing Capacity Puts Pressure on Layer 2 Platforms

Ethereum Growing Capacity Puts Pressure on Layer 2 Platforms

February 5, 2026


Polygon (POL) is buying and selling at about $0.09, representing a steep 12.4% lower up to now 24 hours because the cryptocurrency market faces certainly one of

Written by:

Arslan Butt


•
Friday, February 6, 2026
•
2 min learn

•
Final up to date: Friday, February 6, 2026
















Add an article to your Studying Checklist

Register now to have the option to add articles to your studying listing.

” aria-hidden=”true”>

Polygon (POL) Plummets to $0.09 Amid Market Liquidation: Can On-Chain Utility Spark a Rebound?

Fast overview

  • Polygon (POL) has skilled a 12.4% drop in worth, buying and selling at roughly $0.09 amid a important liquidation disaster within the cryptocurrency market.
  • Regardless of the worth decline, Polygon’s on-chain fundamentals stay robust, with $3.50 billion in transactions recorded in This fall 2025, reflecting substantial community development.
  • The present market situations have led to elevated promoting strain on high-beta cryptocurrencies like POL, with buying and selling quantity surging by 122% to $202.9 million.
  • Technical evaluation signifies that POL is at a essential assist stage round $0.085, with potential for a bounce if broader market sentiment improves.

Polygon (POL) is buying and selling at about $0.09, representing a steep 12.4% lower up to now 24 hours because the cryptocurrency market faces certainly one of its most extreme liquidation cascades in current months. The altcoin’s downside comes amid wonderful on-chain fundamentals that noticed the community conduct $3.50 billion in funds throughout This fall 2025.

Polygon (POL) Plummets to $0.09 Amid Market Liquidation: Can On-Chain Utility Spark a Rebound?
Polygon worth evaluation

Market Carnage Drives Indiscriminate Promoting in POL

The current worth conduct displays a broader systemic deleveraging disaster slightly than Polygon-specific weak point. Over $1.03 billion in Bitcoin BTC/USD liquidations precipitated a domino impact all through cryptocurrency markets, with the entire crypto market cap plummeting 8.38% in 24 hours. The Worry & Greed Index collapsed to an excessive concern studying of 5, whereas crypto’s 0.92 reference to the S&P 500, which dropped 2.21%, demonstrates the macro-driven character of this sell-off.

Excessive-beta cryptocurrencies like POL are feeling the brunt of capital flight to security. The Altcoin Season Index stands deep in “Bitcoin Season” territory at 22, signifying important rotation away from different cryptocurrencies. POL’s trading volume jumped 122% to $202.9 million, suggesting extreme promoting strain as concern gripped the market.

Polygon’s Robust Fundamentals Present Silver Lining

Beneath the pricing turmoil sits a community seeing real enlargement. Messari’s This fall report said that Polygon transacted $3.50 billion throughout over 50 payment-focused functions, a 96% rise from Q3 and practically quadruple the year-ago stage. Ten stablecoin card programs moved $363 million by way of Mastercard and Visa rails, with acceptance pushed by on a regular basis spending slightly than speculative exercise.

Main integrations proceeded all through the quarter. DeCard supported USDC and USDT service provider funds, Flutterwave supplied cross-border enterprise funds throughout 30 African nations, and Revolut included low-cost stablecoin transfers. Stripe’s steady improvement of USDC-based subscription capabilities additional strengthens Polygon’s stance within the funds infrastructure market.

Actual-world asset tokenization additionally gained traction, with Polygon ending This fall holding nearly $1.10 billion in RWAs, rating eighth globally. Stablecoin provide grew to roughly 3 billion, headed by USDC at $1.34 billion. Geographic diversification is demonstrated by the $1.18 billion in non-USD stablecoin quantity that Latin America produced.

POL/USD Technical Evaluation Factors to Essential Help Check

POL now trades at a important inflection level. The yearly low round $0.085 represents the essential assist stage that should maintain to forestall extra decline towards $0.075. Nonetheless, technical indicators present severely oversold circumstances that may set off a dramatic rescue bounce if broader market temper stabilizes.

The token not too long ago broke above declining resistance and maintains structural integrity regardless of momentum stopping. Every day transactions surged to 6.6 million, the very best in a month, whereas $7 million in web bridge inflows from Ethereum ETH/USD and $4.2 million in CEX accumulation this week indicate good cash continues positioning regardless of worth decline.

Polygon burned nearly 26 million POL tokens, supporting the deflationary concept. By the tip of 2026, they hope to have burned 3% of the entire provide. As community utilization rises, this provide discount approach could improve worth accrual.

Polygon (POL) Worth Prediction: Volatility Forward with Conditional Upside

  • Close to-term forecast (1-2 weeks): Bearish to impartial. POL possible trades between $0.085-$0.105 as bigger market situations decide path. A break under $0.085 provides $0.075 as the subsequent downward goal.
  • Medium-term prognosis (1-3 months): Cautiously bullish if Bitcoin stabilizes above $65,000. Brief masking towards $0.12–$0.15 is likely to be triggered by regaining $0.105 as oversold situations ease and cryptocurrency anxiousness wanes.

Arslan Butt

Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

Arslan Butt serves because the Lead Commodities and Indices Analyst, bringing a wealth of experience to the sector. With an MBA in Behavioral Finance and lively progress in the direction of a Ph.D., Arslan possesses a deep understanding of market dynamics.

His skilled journey contains a important function as a senior analyst at a main brokerage agency, complementing his in depth expertise as a market analyst and day dealer. Adept in educating others, Arslan has a commendable observe report as an teacher and public speaker.

His incisive analyses, notably inside the realms of cryptocurrency and foreign exchange markets, are showcased throughout esteemed monetary publications comparable to ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his repute within the monetary group.

Associated Articles





Source link

Tags: liquidationmarketonchainplummetsPOLPOLYGONReboundsparkUtility
Share76Tweet47
Drive and walk to earn crypto!

Related Posts

Polygon Hits $3.57 Billion In Payments As Crypto Activity Expands

Polygon Hits $3.57 Billion In Payments As Crypto Activity Expands

by cryptonews100_tggfrn
February 6, 2026
0

Experiences have disclosed that Polygon closed the ultimate quarter of 2025 with greater on-chain utilization, pushed by funds, stablecoin transfers,...

Ethereum Growing Capacity Puts Pressure on Layer 2 Platforms

Ethereum Growing Capacity Puts Pressure on Layer 2 Platforms

by cryptonews100_tggfrn
February 5, 2026
0

Ethereum founder Vitalik Buterin predicts robust occasions forward for Layer 2 options, because the ETH blockchain itself is more and...

Polygon Makes a Shock Rebrand Declares Itself a Sidechain as Crypto Market Reality Bites

by cryptonews100_tggfrn
February 5, 2026
0

 Polygon Repositions Itself as a Sidechain Amid Shifting Crypto Market CircumstancesPolygon has introduced a notable shift in the way it...

Not only is the token price weak—Ethereum is losing to itself. | Blockchain Industry Original In-Depth Content – Authoritative Industry Analysis Report Interpretation – Blockchain Technology Application Analysis

Not only is the token price weak—Ethereum is losing to itself. | Blockchain Industry Original In-Depth Content – Authoritative Industry Analysis Report Interpretation – Blockchain Technology Application Analysis

by cryptonews100_tggfrn
February 5, 2026
0

Ethereum appears like a frail, aged heiress who rejects all innovation whereas doling out cash to the descendants parasitically clinging...

Polygon Dominates Payments in Q4 as Transaction Volume Explodes 399% Year Over Year

by cryptonews100_tggfrn
February 5, 2026
0

 Polygon Emerges as the Main Payments Settlement Layer in Q4Polygon has emerged as the highest blockchain settlement layer for funds...

Load More

Crypto Fear & Greed Index

Latest Crypto Fear & Greed Index

Recent News

Key militant figure and 25 associates surrender in Sui

Key militant figure and 25 associates surrender in Sui

February 6, 2026
As some tech stocks tumble, cryptocurrency goes over a cliff

As some tech stocks tumble, cryptocurrency goes over a cliff

February 6, 2026
Falling Cryptocurrency Prices and Concerns Surrounding Lower Prediction Market Activity Weighs on Robinhood Markets (HOOD)

Falling Cryptocurrency Prices and Concerns Surrounding Lower Prediction Market Activity Weighs on Robinhood Markets (HOOD)

February 6, 2026

Categories

  • Bitcoin
  • Cardano
  • Chainlink
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • Exchanges
  • Pokadot
  • Polygon
  • Real World Assets
  • Shiba Inu
  • Solana
  • sui
  • World Liberty Financial
  • XRP

Download the official CryptoNews100 Android App! Click the button below:

Tags

ADA (284) Bitcoin (1431) BTC (363) Buy (428) Cardano (588) ChainLink (424) crypto (1794) Cryptocurrency (562) DOGE (238) Dogecoin (595) DOT (200) ETF (355) ETFs (191) ETH (330) Ethereum (831) eyes (190) Financial (185) Heres (184) Inu (407) investors (183) Launch (182) launches (190) Link (186) market (582) million (211) News (733) Polkadot (301) POLYGON (255) prediction (413) Presale (294) price (1269) rally (273) RWA (275) SHIB (208) Shiba (421) Solana (690) Stablecoin (184) Sui (413) today (201) token (198) top (368) TradingView (285) Trump (239) world (193) XRP (994)

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Alt Coins
    • Cardano
    • Dogecoin
    • Litecoin
    • Pokadot
    • Polygon
    • Shiba Inu
    • Solana
    • XRP
  • Crypto Related DEALS

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.