Polygon (POL) Joins Bull Rally as AggLayer Unveils New Bridge

By: bitcoin ethereum news|2025/05/10 03:15:07
0
Share
copy
Polygon AggLayer recently launched VaultBridge, a customizable yield-generating mechanism that expands AggLayer’s optionality. Sandeep Nailwal, Polygon’s founder, announced the news on X, describing it as a more sustainable yield model with the capacity to build lasting value and achieve mainstream adoption. Introducing the Polygon AggLayer VaultBridge The Polygon network founder noted that Web3 currently has sufficient extractive blockchain models and inflationary emissions games. In his opinion, the ecosystem needs more sustainable yield models now. Furthermore, he touted VaultBridge as a viable solution that allows chains to build for long-term success. It provides both new and existing Layer-2 with a built-in revenue stream, encouraging a more sustainable economic model for chains. Owing to its customizable nature, users are at liberty to opt in/opt out whenever they choose. Besides its ability to help chains generate yield, VaultBridge is open-sourced to anyone and is also available for integration. Marc Degen, CEO of Polygon Labs, also highlighted VaultBridge’s capacity to promote sustainability. He suggested that it is Decentralized Finance’s chance to enjoy a better approach to value creation and capital efficiency. “It allows chains to align participant incentives with long-term health, and it’s a boost to capital efficiency,” Marc outlined on X, “VaultBridge gives chains the option to deploy assets, earn yield, receive it, send it to users, or allocate for any other purpose. Turning idle TVL into productive capital that scales alongside the chain.” The Polygon ecosystem anticipates the time when the VaultBridge will be integrated with non-Ethereum Virtual Machines (EVMs). This potential integration is likely to increase compatibility with even more blockchain protocols outside of Ethereum. Polygon and Current Market Rally As a network, Polygon has become renowned for building and connecting Ethereum-compatible blockchain networks. Its other features, including enhancing Ethereum’s capabilities by providing faster and cheaper transactions on a multi-chain system, have made it an essential platform for developers and users. The network is believed to offer ease to those seeking efficient interactions with the Ethereum blockchain. Little wonder it was selected alongside Lightchain AI for Skyren DAO’s Token Surge 2.0 in March. Amidst all these, the protocol’s native token, POL (formerly MATIC), has experienced some price fluctuations. Two months ago, it seemed quite certain that the POL price would drop significantly, especially when it failed to hold several crucial support levels. Crypto market analyst Ali Martinez predicted that the breakdown in support levels may push the price down to $0.04. Two months later, POL defied the bearish odds and is currently 10.24% higher over the past 24 hours. However, the token has still been down by 0.06% over a day and is up 6.76% in the last seven days. Its current market value is $0.2515. POL Price Forecast and Technical Boost, Open Interest In recent weeks, market watchers have seen signs of a potential reversal following the breakout of POL price from a long-term downtrend. These entities are expecting 125.29% growth from the coin’s breakout point. The buy candles have extended beyond typical trading ranges, and trading volumes have increased steadily. If POL can successfully break out above the $0.24–$0.25 zone, it could be heading toward $0.30, the price’s next psychological ceiling. Beyond this point, POL price could explore the $0.38 price level and even $0.52 throughout the next several weeks. Source: https://www.thecoinrepublic.com/2025/05/09/polygon-pol-joins-bull-rally-as-agglayer-unveils-new-bridge/

-- Price

--

You may also like

Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play

The emergence of Open USD has shifted the competition for stablecoins from the market struggle of crypto startups to a battle for infrastructure involving traditional finance, payment networks, technology platforms, and public chain ecosystems.

Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip

Abandoning TSMC and teaming up with Samsung. Anthropic launches a self-developed 2nm chip program, challenging Nvidia and starting a battle to break through computing power costs.

Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed

Zhao Changpeng's billion-dollar new "family office" YZi Labs investment landscape revealed: 70% of the funds are committed to the crypto ecosystem, while 30% are cross-industry bets on AI and biotechnology, launching a new capital experiment in the post-Binance era.

Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions

The Ethereum Foundation has released this non-technical introductory report aimed at government officials, central banks, regulators, and corporate decision-makers, explaining how Ethereum works, how it is governed, how it differs from other blockchains, and how institutions and governments are alre...

A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI

True failure often isn't a single price drop, but rather a pricing mechanism that repeatedly rewards those who tell stories while repeatedly punishing those who believe in the stories.

When American giants collectively "defect" from Chinese AI models

Coinbase CEO publicly stated: the company has fully switched its AI to a Chinese model, cutting expenses in half while usage has doubled. Snowflake and Lindy are also doing the same thing—an unnoticed "AI model migration wave" is happening.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com