Why is POL up? Polygon’s 690% exchange outflows, $20M bridged netflows & more…

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Polygon surged over 14% in the past hours, breaking the $0.12 resistance level and heading toward the $0.15 to $0.18 supply zone. Exchange outflows jumped 690% in 24 hours, confirming intense buying pressure and aggressive accumulation by investors. Polygon PoS recorded the highest bridge volume in the entire market with over $20 million in bridged net flows in 24 hours, while bridge volume increased by 263% week-over-week. Historical Volatility doubled to 101.06, signaling growing liquidity on the network, and Charm’s sPOL liquid staking vault reached $1 million in TVL, becoming the primary market maker for native LST on Polygon.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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