Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the hreflang-tags-pro domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/wp-includes/functions.php on line 6121
[www-stage.newsbtc.com/news/polygon-price-may-surpass-1-50-in-february-heres-why/]
[wp-includes/functions.php:6121 trigger_error(), wp-includes/functions.php:6061 wp_trigger_error(), wp-includes/l10n.php:1371 _doing_it_wrong(), wp-includes/l10n.php:1409 _load_textdomain_just_in_time(), wp-includes/l10n.php:195 get_translations_for_domain(), wp-includes/l10n.php:307 translate(), wp-content/plugins/hreflang-tags-for-wordpress/includes/variables.php:24 __(), wp-content/plugins/hreflang-tags-for-wordpress/hreflang-tags-pro-main.php:45 include_once('wp-content/plugins/hreflang-tags-for-wordpress/includes/variables.php'), wp-content/plugins/hreflang-tags-for-wordpress/hreflang-tags-pro.php:40 require_once('wp-content/plugins/hreflang-tags-for-wordpress/hreflang-tags-pro-main.php'), wp-settings.php:545 include_once('wp-content/plugins/hreflang-tags-for-wordpress/hreflang-tags-pro.php'), wp-config.php:53 require_once('wp-settings.php'), wp-load.php:50 require_once('wp-config.php'), wp-blog-header.php:13 require_once('wp-load.php'), index.php:17 require('wp-blog-header.php')]

Polygon Price May Surpass $1.50 In February - Here's Why
NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Polygon Price May Surpass $1.50 In February – Here’s Why

Olowoporoku Adeniyi
Olowoporoku Adeniyi
2 years ago
3 mins read
Polygon Price May Surpass $1.50 in February: Here's Why

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Polygon price is still moving upward and is comfortably above the $1.20 mark as it continues its ascent toward $2. According to data from CoinMarketCap, the leading Layer-2 blockchain has gained an impressive 67% since the start of the year as the crypto market continues to recover from the extended bearish period of 2022. 

Polygon’s growth has been attributed to solid fundamentals, and its native token, MATIC, could surpass $1.50 in February due to a few factors. 

Polygon Spurred By DeFi Growth

Polygon has performed well in the DeFi sector in the past with its unique infrastructure and low transaction fees attracting new and established platforms to its ecosystem. The latest platform to join this trend is Dopex finance. Polygon announced on February 4 that the decentralized options protocol had launched on its blockchain. 

It further stated that this was a step forward for Dopex as it would reach a wider user base and provide opportunities for traders to take advantage of its novel features. Following the announcement, MATIC’s price responded positively, and its daily and weekly charts are in the green zone. 

Related reading: MATIC Gains Over 20% As Polygon Network Records Biggest Whale Transaction Of 2023

This development comes after the Polygon team completed a hard fork on its blockchain network. According to Polygon the hard fork would significantly reduce price fluctuations on its network while following the gas mechanisms of Ethereum. It would also ensure that gas fees remain relatively lower during peak periods on its network. 

MATIC’s price surge could have been a significant factor in the token’s popularity among crypto whales. According to data from the crypto tracking platform WhaleStats, MATIC surpassed Shiba Inu (SHIB) to become the most-traded token from Ethereum (ETH) whales.  

In addition, data from DeFiLlama reveals that the Total Value Locked (TVL) on Polygon has increased since the turn of the year to $1.2 billion. Furthermore, the token is among the most discussed on social media, and its daily on-chain transaction volume has also increased. 

Polygon Price Shows Strong Fundamentals 

Presently, there are positive sentiments regarding the current upward movement of MATIC, and the digital asset is showing solid fundamentals that indicate further price growth. The token is trading well above what was expected this week by several analysts. 

Related reading: The Crypto Dream Team: Binance Coin (BNB), Polygon (MATIC), and Orbeon Protocol (ORBN)

MATIC has established support above the $1 mark, which means that the bulls are in control, and we could see further consolidation in the coming days. The current resistance level is $1.50, and if the trading volumes continue to rise, we could have a price closer to $2. 

 

Polygon trading at $1.22|Source: MATICUSD chart on Tradingview.com
Polygon trading at $1.22|Source: MATICUSD chart on Tradingview.com

Despite these positive indicators, the market is still fickle, and there’s a slim chance that there could be a pullback before the next price surge. MATIC is currently trading at $1.21 at the time of writing. It is down 2.5% in the last 24 hours but has gained 6% in the past week. 

Featured image from Capital.com, chart from Tradingview.com

Tweet123Share196ShareSend
Olowoporoku Adeniyi
Olowoporoku Adeniyi

Olowoporoku Adeniyi

Situs Pkv Games
Pkv Games
pkv games qq
Pkv Games bandarq
daftar Pkv Games qq
qq online

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Hossa na rynku kryptowalut właśnie się zaczyna: najlepsze altcoiny do kupienia teraz

W miarę jak rynek kryptowalut daje coraz wyraźniejsze sygnały nadchodzącej hossy, inwestorzy coraz uważniej przyglądają się aktywom z największym potencjałem...

Zieliński Michał 2 weeks ago

Solana ETF sú bližšie k schváleniu. Využite nárast SOL s týmto tokenom

Viaceré trhové ukazovatele naznačujú, že kryptomenu Solana čaká pozitívny vývoj. Rastúca aktivita na blockchaine, signály približujúce k schváleniu Solana ETF,...

Karol Paták 2 weeks ago
Ethereum

アルトコインの代表格イーサリアム(ETH)の価格予測:4,000ドルに向かうのか?このチャートパターンが「YES」と示す理由

イーサリアム(ETH)は過去24時間で7%上昇し、取引量は90%以上も急増しています。 アルトコイン市場のトップ銘柄であるETHは、他のデジタル資産が軟調な中で10.3%の月間上昇を記録しており、非常...

Yohei Hanazato 2 weeks ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Ethereum Golden Cross Approaching – Will History Repeat?

Ethereum Golden Cross Approaching – Will History Repeat?

Sebastian Villafuerte 10 hours ago
Dogecoin

Dogecoin Sets The Stage For A Liftoff With Key Reversal Pattern

Godspower Owie 7 hours ago
Bitcoin

Rising Bitcoin Dominance Above 64% Dashes Hopes Of Altcoin Season, Here’s Why

Scott Matherson 9 hours ago

Premium Sponsors

Top Brands

Press Releases

  • The US cryptocurrency stock market plummeted? Smart people...

    2 weeks ago
  • LandDAO to Bring Land NFTs Backed by Real-World Assets...

    2 weeks ago
  • 仮想通貨プレセール終了|SOLXの今後と初期投資家に訪れるチャンスとは?

    ...

    2 weeks ago
  • 仮想通貨おすすめ|初期段階で注目される次世代プロジェクト3選

    ...

    2 weeks ago
  • Nový DeFi coin posílil o 76.6 %, zatímco Solana a Tron trpí kvůli tržní volatilitě

    Nový DeFi coin posílil o 76.6 %, zatímco Solana a Tron...

    2 weeks ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.