Polygon (POL) Price Surge: Bulls Charge Ahead of Game-Changing Heimdall v2 Upgrade
Polygon's native token POL is rallying hard—up 22% this week—as traders pile in ahead of the Heimdall v2 network upgrade. The Layer 2 scaling solution's mid-2025 momentum shows no signs of slowing down.
Why the frenzy? Heimdall v2 promises faster finality and enhanced security—exactly what institutional players demand before going all-in on Ethereum scaling solutions. Never mind that most still can't explain how proof-of-stake works at cocktail parties.
The technical upgrade comes as Polygon solidifies its position as the go-to chain for Web3 developers. Daily active addresses have tripled since Q1, while total value locked (TVL) flirts with $5 billion—numbers that would make traditional fintech CEOs sweat into their bespoke suits.
Market sentiment suggests this could be the calm before the storm. With Ethereum's next major upgrade still months out, Polygon's window to capture market share is wide open. Just don't tell the 'ETH maxis'—they're still recovering from last week's gas fee spike.
One thing's certain: in the race for blockchain scalability, Polygon isn't just participating—it's lapping the competition. The only question now is whether the bulls can sustain this momentum post-upgrade, or if we're witnessing another classic 'buy the rumor, sell the news' crypto spectacle.
Polygon’s Heimdall v2 upgrade could boost its network performance
POL is set to implement the Heimdall v2 upgrade on Thursday, aiming to reduce finality and eliminate legacy technical debt.
This upgrade is “the most technically complex hard-fork Polygon PoS has seen since its launch in 2020,” said Polygon’s CEO, Sandeep Nailwal, in his X post on Tuesday.
Sandeep continued that the update is expected to eliminate all technical debt from its previous build in the 2018 to 2019 era and shorten finality to approximately five seconds.
The Heimdall upgrade could enable faster checkpoints, a smoother user experience, safer bridging, and provide headroom for the next wave of upgrades, which in turn could boost investor confidence and drive a price rise in its native token, POL.
Polygon Price Forecast: POL breaking above key resistance zone
Polygon price is pushing to break above a descending trendline, drawn by connecting multiple highs since mid-May, on Wednesday. This level roughly coincides with the daily resistance level at $0.197 and the 50-day Exponential Moving Average (EMA) at $0.199, making it a key area of resistance.
If POL closes above the 50-day EMA at $0.199 on a daily basis, it could extend the rally toward the 50% Fibonacci retracement, drawn from the May 11 high of $0.277 to the June 22 low of $0.164, at $0.220.
The Relative Strength Index (RSI) on the daily chart reads 56 and points upwards, indicating that bullish momentum is gaining traction. Additionally, the Moving Average Convergence Divergence (MACD) indicator showed a bullish crossover on June 29. It also shows rising green histogram bars above its neutral zero line, suggesting bullish momentum is gaining traction and continuing an upward trend.
POL/USDT daily chart
However, if POL faces a correction, it could extend the decline to retest its next daily support at $0.188.
