Polygon (POL) Eyes $0.145 Breakout as Trading Volume Surges

• Polygon shows minor short-term losses amid rising trading activity.
• Price tests the downtrend line, signaling a possible bullish breakout soon.
• A confirmed breakout could push the Polygon price toward the $0.145 target.
• Stripe adoption on Polygon is growing, steadily increasing merchant participation.

Polygon (POL) is facing a challenging price path while its trading activity surges. In the past 24 hours, POL’s price remained relatively stable, but over the last week, the token experienced a slight decline of 3.86%, indicating short-term market caution.

At the time of writing, POL is trading at $0.1199, supported by a 24-hour trading volume of $69.94 million, marking a 67.63% increase. The market capitalization stands at $1.26 billion, highlighting growing interest in the token despite recent minor losses and market fluctuations.

Also Read: Polygon’s (POL) Price Scepticism Under Pressure: $0.153995 Forecast

Technical Chart Shows Potential Breakout

The POL chart has been in a clear downtrend from mid-November into December. Price kept forming lower highs and lower lows, showing consistent bearish pressure. The black diagonal line represents the main trendline, which has acted as resistance multiple times. Currently, $POL is testing this trendline, a key level for a possible breakout.

A breakout above the trend line may indicate a reversal or a strong bullish pullback. A green target box with a potential upside of 20.63% is shown in the graph above. After a breakout, POL may reach $0.145. A 2-hour candle close above the trend line will confirm a bullish trend; a failure to do so may cause it to consolidate or re-test previous lows of $0.116.

Technical analysis indicates a weakening in bearish momentum. The troughs have stopped declining, and it can be observed that buyers have begun entering the market. Therefore, in the event of a breakout, it will lead to short covering, and more buyers will flood into the market. A higher volume on the breakout will increase the chances of achieving the $0.145 level. Otherwise, POL will continue to trade in a sideways pattern or move towards $0.116 again.

Stripe Expands Polygon Adoption

Stripe is slowly adopting @0xPolygon as a blockchain of choice for stablecoin payments. The platform shows increased transaction volumes from a level of a mere $1 million in late 2024 to a peak of approximately $8-9 million in 2025, which shows both increased demand and acceptance by merchants for Polygon.

Recurring payments are becoming more popular. Unique merchants using Polygon for Stripe subscriptions have increased from a handful of early adopters to approximately 113 active merchants. This shows that Stripe on Polygon is no longer in the experimental phase but a solidified payment setup for stablecoin payments, recurring payments, and digital services.

Also Read: Polygon Empowers Users to Spend Stablecoins Instantly Across 150M+ Merchants