Polygon (POL) is currently attracting market attention with its price movements. Today, market analyst Crypto Patel raised an alert that “no one is talking about POL right now… but it might be the next cryptocurrency to hit $1.”
This is an interesting issue as reaching the $1 mark is a huge dream for multiple cryptocurrencies. According to Patel’s statement, while many assets are struggling to gain attention, POL currently stands out due to its market performance.
POL Confirms Bullish Case
According to Patel’s technical analysis, POL currently displays a strong bullish market structure that could enable it to hit $1.
As per the technical metrics, Polygon has successfully fulfilled its higher highs and lower lows pattern, a traditional technical formation that signals continued uptrend movement. For traders and investors, this confirmation is a robust indicator of stability in the market and could be a major foundation towards higher price movements.
A chain of higher highs and higher lows pattern suggest a bullish trend (as illustrated in the analyst’s trading chart). This indicates buyers are sooner entering the market and with more strength.
Traditionally, this pattern normally happens before a substantial uptrend trend. The pattern is more than a price signal as it indicates solidifying fundamentals, rising market confidence, and strengthening investor accumulation.
What’s Next for POL?
While activities in the crypto market are unpredictable, the confirmation of this higher highs and lower lows pattern adds strength to Polygon’s current movements.
POL continues to experience upward trajectory. Today, its price is currently standing at $0.2336, up 1.3% over the past seven days. The price stability comes after the successful implementation of the highly anticipated Heimdall v2 upgrade, nine days ago, on July 10, 2025.
The upgrade, which aims to clear out traditional technical debt and decrease the finality to approximately five seconds, is expected to enhance network performance.
Sandeep Nailwal, Polygon Cofounder, recently talked about the upgrade and stated that the update is anticipated to remove all technical debt from its past build-up in the 2018-2019 period and reduce finality to around five seconds.
This upgrade could facilitate more rapid checkpoints, seamless user experience, and more secure bridging, which could eventually instill investor confidence and push the price higher.
This latest price resurgence means POL’s value is currently up 24.3% over the past one month and also up 32% from list lowest record seen this year on April 7.
With the recently implemented upgrade in works, building-up of investor sentiment, and long-term buyers stepping into the market, the conditions for a significant uptrend are in place.
