Polygon price continued its massive comeback on Saturday as investors cheered the growing usage and increasing burn rate. POL jumped for the tenth consecutive day, reaching its highest level since November 14, 2025. It has jumped by 65% from its lowest point this year.
Polygon Price Jumps as Network Usage Soars
The ongoing POL price surge is driven by strong fundamentals, with network usage accelerating. Nansen data show that the network has processed over 178 million transactions in the last 30 days, up 16% from the same period last month. This growth makes it one of the fastest-growing networks in the crypto industry.
Polygon’s growth will likely accelerate as the developers work on the Open Money Stack, which it hopes will change how money moves globally. It will have a single vertically integrated stack to move all money on-chain. Also, the stack will be open, interoperable, and invisible to users.
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Polygon is already a big name in the payment industry, thanks to major partnerships. It has made deals with top companies like Revolut, Shift4 Payments, and Stripe. All these companies move billions of dollars a day.
Artemis data shows that Polygon has over $3 billion in stablecoin supply and handled over $29 billion in the last 30 days. Of these funds, payments accounted for over $480 million. In contrast, while USDC transaction volume was $3.7 trillion, its payment volume was less than $100 million.
Polygon’s growth has led to a surge in POL burning rate. In a post, the team noted that the network generated over 13.6 million in fees at its peak and burned 12.5 million tokens. Indeed, the number of POL tokens burned this year alone is much higher than the total burned in 2025.
Polymarket has also helped to drive Polygon’s growth. Data shows that Polymarket had over $646 million in volume in the last seven days and over $2.34 billion in the last 30 days.
POL Price Technical Analysis
The daily chart shows that the Polygon price has staged a strong comeback as we predicted here. This rebound occurred as investors remained wary of competition from other layer-2 chains, such as Base and Arbitrum.
The token has now moved above the 23.6% Fibonacci Retracement level and the 50-day and 25-day Exponential Moving Averages (EMA). Also, the Supertrend indicator has turned green, while top oscillators like the RSI and the MACD are rising.
Therefore, the coin will likely continue soaring as bulls target the 50% retracement level at $0.20, which is ~22% above the current level.
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