Polygon: Tops Stablecoin Transactions vs Ethereum L1
Polygon posts more stablecoin transactions than Ethereum L1, Base and Arbitrum combined in 7 days; POL trades at $0.1 with bearish MACD death cross.
SourceAnalysis
Polygon recorded more wallet-to-wallet stablecoin transactions than Ethereum L1, Base and Arbitrum combined over the past seven days, according to growthepie data shared by @Celo.
POL price sits at $0.1 inside the Bollinger band with lower support at $0.1 and upper resistance at $0.11; the EMA50 and EMA200 both sit at $0.11 while RSI(14) at 35.44 stays neutral and MACD(12,26) prints a death cross, keeping the 4-hour structure bearish and capping any near-term bounce until volume confirms reversal.
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