The recent surge in the price of POL, previously known as MATIC, has caught the attention of both retail investors and long-term traders. With the price breaking above a key resistance zone ahead of the highly anticipated Heimdall upgrade, the market sentiment is shifting. With this, the question arises whether the current breakout can be considered as a genuine opportunity to take up long or just a short-term upswing.

Heimdall v2 Upgrade on July 10, 2025

One of the key bullish catalysts behind POL’s breakout is the upcoming Heimdall v2 upgrade, scheduled to go live on July 10, 2025. This is the most comprehensive technical upgrade to Polygon PoS since its mainnet launch, completely overhauling the chain’s consensus mechanism.

What Does Heimdall v2 Do?

• Migrates the consensus layer from the outdated Tendermint + Cosmos-SDK v0.37 to CometBFT + Cosmos-SDK v0.50

• Reduces transaction finality from ~90 seconds to just 4–6 seconds

• Increases block processing speed to ~2-second intervals

• Cleans up legacy code, enabling faster development and future integrations

• Improves bridging reliability, with near-instant checkpoint confirmations

This upgrade is not just cosmetic—it’s core to Polygon 2.0’s vision of achieving thousands of transactions per second via AggLayer architecture. For dApps, users, and validators, Heimdall v2 lays the groundwork for a faster, more secure, and enterprise-grade Polygon network.

Why POL’s Long-Term Value is Rising

Beyond the technical chart setup and upcoming upgrade, POL is fundamentally transforming into a high-utility asset within the Polygon ecosystem. In parallel with the Heimdall v2 upgrade, the migration from MATIC to POL has crossed key milestones:

• 85%+ of MATIC holders have migrated to POL

• Validator activity is up as POL becomes central to governance and staking

• Developer interest is growing, driven by better tooling and documentation post-upgrade

This signals rising confidence in the protocol’s long-term utility and positions POL as a foundational token for the Polygon ecosystem moving forward.

POL Price Breakout Attempt in Motion

POL has recently moved above the $0.19 resistance area with a notable uptick in trading volume. The token is now attempting to flip its 20-day and 50-day moving averages into support, a classic reversal indicator in crypto price action. Although the short-term oscillators show strength, longer-term moving averages are still flashing caution, suggesting that traders should wait for confirmation before opening aggressive long positions.

The POL price has risen above the descending parallel channel while the CMF has risen above 0, hinting towards a rise in the money inflow. However, the DMI has reached an interesting juncture where the +di & -di have undergone a bullish crossover, and the ADX has been forming consecutive higher highs and lows. Therefore, if the POL price closes the day’s trade above the channel, the bulls may push the price towards the next target at $0.25. However, the possibility of such a rise seems to be unlikely considering the current price action. 

The token is facing heavy resistance zones between $0.20 and $0.20-$0.46 due to prior accumulation. Besides, if the Heimdall v2 experiences post-fork bugs and validator lag, sentiment may turn bearish. Besides, broader market weakness or Bitcoin volatility could invalidate POL’s breakout.