Polygon (formerly Matic) staged a major comeback this past month. But many believe there is still much to come. With ETH going off, Ethereum L2s are getting a serious revival, and Polygon’s been around the longest of the bunch.

Katana (a new chain incubated by Polygon) announced that 15% of all $katana coin supply will be given to POL stakers.

DISCOVER: Top 20 Crypto to Buy in July 2025

Polygon (MATIC): The Next Move Might Take It To $0.35

Market Cap

Looking at the chart, on July 9, there was a huge spike in price. After that, the price kept climbing steadily with some small dips along the way, but it’s mostly positive. Right now, it’s sitting at around $0.2560.

Polygon (MATIC) is holding support around $0.2400 to $0.2450. If it holds above this, the bullish trend should continue, with potential resistance at $0.2700.

A break above that level could push the price toward $0.2900 to $0.3000. However, if the price falls below $0.2400, we may see a deeper pullback toward $0.2200. Watching for any major news or events that could trigger another move, like the spike on July 9, is crucial for future price action.

Given the market’s overall bullish sentiment, the likely scenario is for Polygon to break out and go to the 0.35 level. If ETH breaks above $4K, it will give the whole ecosystem a massive boost. However, the market is feeling oversaturated with many Ethereum Layer 2 chains competing for attention.

Do you know what is new and might bring much better success? Bitcoin Hyper is the first-ever layer 2 chain built on Bitcoin, which is the largest cryptocurrency.

Bitcoin Hyper Presale: Changing The Layer 2 Game

Bitcoin HYPER is the first-ever Layer 2 for Bitcoin, and it’s already turning heads. It’s still in presale, but people are loving the unique dApp features it’s offering.

It has that classic Bitcoin vibe, but with a fun memecoin twist that actually works. You can send BTC super fast on Bitcoin Hyper’s Layer 2, no lag, just smooth transactions all the way.

Built on Solana, it’s insanely quick and can scale like no other. Plus, there’s a trustless bridge that mints BTC 1:1 onto Layer 2. The presale price is $0.01225 per $HYPER, which is about 9% cheaper than when it hits exchanges. And early buyers are getting a nice 237% APY staking bonus. Don’t miss your shot at this one!

It’s not just Bitcoin Hyper hitting $4,00M in a month. On Tuesday, one whale dropped a massive $60K on $HYPER in a single buy. When you see moves like this, it’s clear it’s not just small players; the big money’s getting in on this.

To follow whales and join the presale, head to the Bitcoin Hyper website. You can purchase using ETH, USDT, BNB, or even a credit card.

Connect with the Bitcoin Hyper community on Telegram and X.

DISCOVER: Best Meme Coin ICOs to Invest in 2025

Join The 99Bitcoins News Discord Here For The Latest Market Updates

Key Takeaways

  • Polygon’s recent price surge suggests continued bullish momentum, but market saturation and Ethereum L2 competition may impact future growth.
  • Bitcoin Hyper, a Layer 2 for Bitcoin, offers fast transactions, a trustless bridge, and attractive presale opportunities with early staking bonuses.

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Ahmed Balaha
Ahmed Balaha
Crypto Journalist

Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. He has a strong interest in financial literacy and sustainable investing, and he combines these... Read More

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