About Polygon Ecosystem Token

Polygon's Ecosystem Token (POL) is stabilizing above the $0.19 low after breaking above the previous low of $0.29.

The traditional four-year crypto market cycle, once closely tied to Bitcoin halving events, is no longer as predictable as it once was.

The halving, once the war drum of the bull market, has fallen silent. In the silence, Bitcoin seeks a new rhythm in a crypto market that dances differently.

The four-year crypto market cycle that traders and investors have become accustomed to is no longer as pronounced due to the maturation of crypto as an asset class and the participation of institutional investors, according to Polygon co-founder Sandeep Nailwal.During a recent episode of Cointelegraph's Chain Reaction, Nailwal said that Overall speculative activity is down due to high interest rates in the United States and low-liquidity conditions, but will rebound once rates are cut and the Trump administration settles into its new role. Although interest rates on 10-year Treasury bonds have come down significantly, rates still remain relatively high.

The strong gains in the past two and a half days meant that POL had a bullish structure on the 4-hour timeframe.

Polygon price has crawled back in the past few days as the number of active addresses on the chain rises. Polygon (POL) rose to an intraday high of $0.