Polygon’s network activity has seen a remarkable growth with a 426% increase in active addresses over the past week, indicating strong user engagement. Currently, the price of POL is 0.4533 USD, reflecting a decrease of 1.91% within the last 24 hours.

The technical charts show a descending wedge pattern and a double bottom near 0.4389 USD, suggesting potential for a bullish reversal. If POL can surpass the resistance level at 0.5324 USD, a significant rally could occur, provided there is continued buying support to overcome these barriers.

Transactional statistics reveal a significant rise in micro-transactions, with retail users increasingly using the network for everyday transactions. Meanwhile, exchange netflow indicates a 449.6175k token inflow, hinting at a potential increase in market volatility and positioning POL well for future breakout possibilities.