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08/10 18:14

Polygon: Liquidity, Cross-Chain Expansion, and a T

Polygon: Liquidity, Cross-Chain Expansion, and a Technical Rebound

Polygon (POL), formerly known as MATIC, is staying relevant by doing what it does best, building infrastructure and partnerships. This week, DeFi protocol Fluid announced an expansion of liquidity incentives across several chains, with Polygon high on the list alongside Arbitrum and Base. These developments are enhancing cross-chain liquidity, an increasingly critical function in the DeFi world.

On the technical front, POL has broken above both its 50-day EMA ($0.2149) and 200-day EMA ($0.2177), signaling potential bullish momentum. This move has caught the attention of analysts and traders alike, as POL’s price action begins to reflect renewed confidence in its roadmap. 

Polygon’s consistent presence in enterprise solutions, coupled with this technical strength, is why it continues to rank as a top trending crypto in infrastructure circles.

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