Polygon POL Soars 16% on U.S. Blockchain Plan, Tether Tie-Up

Published: 2025-09-01 16:24:27 |

Polygon POL surge led gains over the weekend, with the token jumping 16% to $0.29—the highest since March. This Polygon POL surge occurred while the broader crypto market remained steady, as Bitcoin and Ether showed only modest gains. Key catalysts included the U.S. government’s blockchain data plan, which named Polygon as a pilot network, and a new Tether integration via a USDT cross-chain protocol. Technical indicators flagged strong bullish momentum, with support emerging around $0.277–$0.278. Traders should watch these levels for sustained buying pressure and potential further upside.

Bullish

The 16% surge in Polygon POL indicates strong bullish sentiment focused on the token. Its performance outpaced the broader crypto market, reflecting targeted interest from traders. Fundamental drivers include the U.S. blockchain data initiative naming Polygon as a pilot network and the new Tether (USDT) cross-chain integration, which enhances liquidity flows. Technically, the breakout above the $0.277–$0.278 support zone mirrors past setups where similar collaborations (e.g., Chainlink partnerships) led to sustained rallies. In the short term, maintaining support levels could trigger further upside. Over the long term, institutional adoption and stablecoin activity on Ethereum scaling platforms are likely to underpin continued growth.