$POL

The Polygon ecosystem, now rebranded as POL, has a predominantly bullish market sentiment, with technical indicators suggesting a breakout from a descending wedge pattern and increased activity in daily active addresses, transaction volume, and whale participation. The Polygon ecosystem has seen positive developments like the implementation of AggLayer, which is expected to enhance liquidity aggregation across chains, increasing the utility and demand for POL. Community and institutional support, secured funding, and open-source frameworks are positive signs for long-term growth. POL is predicted to reach $1.00 in the near term, with 2025 trading between $0.60 and $1.00. Long-term targets range between $8 and $18, with a range of $2.50 and $5.00 by 2030. However, there are risks, including market volatility, technical analysis caveats, and historical corrections. Traders should look for entry points during small corrections or consolidations, set stop losses, and consider their risk tolerance before making investment decisions.