POLYGON (POL) increased by 9% at the start of American morning negotiation hours from $ 0.206 to $ 0.225 before the sale emerged in the afternoon, according to Coindesk Analytics data.
The token has seen significant volatility during the night while the volume increases to 708,489 and 804,401 units, crushing the average of 24 hours of 410,606, before the strong sales pressure approaches, establishing critical resistance for a short -term action.
Pol is currently negotiating at $ 0.221, up approximately 3% in the last 24 hours. It surpasses the larger market, followed by the Coindesk 20 index, which is down around 2.4% over the same period.
The token is down more than 90% compared to its $ 2.92 summit in December 2021 while other cryptos such as Bitcoin (BTC) and XRP recently reached new heights.
Polygon is currently focusing on Aggayer scaling, an application that helps users connect to other blockchains, in addition to advancing real asset payments, recently told Bloomberg in a SA CEO and co-founder Sandeep Nailwal interview.
Nailwal was appointed CEO of the Foundation in June in order to strengthen its strategy in order to compete with other projects.