Layer 2 · rank #75

POL (ex-MATIC) POL

POL cycle analysis · chart, confirmed lows and fundamentals

$0.0950+0.2% 1d-0.4% 7d-15.3% 30d

Red List Recovering held Phoenix · monthly · score 65 mixed

54.1% below its 365-day high of $0.2070 (2025-10-27), +40.9% off the 365-day low. Snapshot 2026-10-21 UTC.

From the peak to today, log scale
0.06840.22110.71442024-112025-102026-10peak 0.7675low 0.0674 (91%)false bottommonthly trigger 0.0852
Where it stands

On the Red List.

Held on the Red List: it last met the Red List rules on 2026-10-18. Today it reads Watch; a tier moves down only after five consecutive scans below its rules.

Recovering: a monthly swing low has confirmed. The badge coexists with the tier; it is not a completed recovery.

Phoenix monthly: stopped falling by the rules, +40.9% above the Jul 2026 trough. Details below.

What changed

Since the previous scan.

Tier, recovering badge and Phoenix state are unchanged between these two observations.

Comparing 2026-10-20 with 2026-10-21 UTC. Classification, not price returns.

Recorded timeline →

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

Monthly 2D

Last bars
2Dr 2Dg 2Ug 1g 2Dr
Confirmed low
$0.0674 · 2026-07-31
Position
3 of median 4.0 (max 10)
Current low
$0.0674 · confirmed
Cycle-low confidence
—
Confirmed lows
5

Weekly 1

Last bars
2Ug 2Ur 2Dr 2Dr 1g
Confirmed low
$0.0864 · 2026-09-06
Position
7 of median 8.0 (max 18)
Current low
$0.0877 · unconfirmed
Confirms above
$0.1074
Cycle-low confidence
60% · in band
Confirmed lows
11

Daily 1

Last bars
2Dr 2Dr 2Ug 2Ug 1g
Confirmed low
$0.0877 · 2026-10-18 (daily)
Position
3 of median 5.0 (max 22)
Current low
$0.0877 · confirmed
Cycle-low confidence
24%
Confirmed lows
137
The full read, in sentences
  • Monthly: forming bar is a red 2-Down. Last confirmed swing low 0.0674 (Jul 2026), month 3 of a cycle that has typically run 4.
  • Weekly: forming bar is a green inside bar. Last confirmed swing low 0.08642 (Sep 2026), week 7 of a cycle that has typically run 8. Current low 0.08766 is unconfirmed — it confirms above 0.1074. Cycle-low confidence 60%.
  • Daily: bar is a green inside bar. Last confirmed swing low 0.08766 (2026-10-18), day 3 of a cycle that has typically run 5. Cycle-low confidence 24%.
  • Red List: 54% below the 2025-10-27 high; +41% off the 365-day low.
  • Phoenix: 91% decline over 19 months, monthly swing low confirmed (next-bar), now +41% above the trough; pullback #2 confirmed 2026-09-20.
  • Gauges: Mayer multiple 1.06 (neutral); -87% from the all-time high.

Has POL (ex-MATIC) bottomed?

A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the POL snapshot records on 2026-10-21 UTC:

Monthly: the last confirmed swing low is $0.0674 from 2026-07-31. The current candidate is marked confirmed. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $0.0864 from 2026-09-06. A newer candidate at $0.0877 is unconfirmed; its confirmation level is above $0.1074, provided the candidate low is not undercut first. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $0.0877 from 2026-10-18. The current candidate is marked confirmed.

How bottom confirmation works. Cycle-low confidence is a heuristic score, not a calibrated probability of a profitable trade.

How far is POL (ex-MATIC) below its high?

The Coinbase price snapshot is 54.1% below its rolling 365-day high of $0.2070 from 2025-10-27. Separately, CoinGecko reports -92.6% relative to its all-time high of $1.29 in the fundamentals snapshot pulled 2026-10-21.

Different sources and observation times can produce different drawdowns. Compare crypto drawdowns and reference highs.

The recorded history

scan observations, not exact transition times

First observed 2026-09-19. 33 observations; absence from a captured scan is unmatched, never recovery.

  1. Watch; recovering · Phoenix monthly → Red List; recovering · Phoenix monthly
  2. First observed: Watch; recovering · Phoenix monthly

Phoenix

stopped falling, by the rules
Peak
$0.7675 · Dec 2024
Trough
$0.0674 · Jul 2026
Decline
-91.2% over 19 months
Above trough
+40.9%
Monthly
confirmed (next-bar) · trigger $0.0852
Weekly
confirmed (next-bar)
False bottom
$0.1637 · Jun 2025 (3 higher highs, then undercut)
Entry
pullback #2 low $0.0864 confirmed 2026-09-20 · trigger $0.1003
Score 65
decline30
confirmation25
earliness0
stale0
false bottom10
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx
Health76 / 100 · Strong
Liquidity (24h volume / market cap)
can you get out
4.03 %11.8 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.0 x15.0 / 15
Size (market-cap rank)
survivorship
75 #9 / 15
Usage (price / annualized fees)
fees people actually pay to use it (DefiLlama)
43.5 x17.4 / 20
TVL backing (market cap / TVL)
capital parked in it (DefiLlama)
1.7 x13.8 / 15
Fee momentum (30d vs prior 30d)
is usage growing into the recovery
-4.2 %4.6 / 10
Age on Coinbase
survived a cycle
2.1 yrs4.6 / 10

7 of 7 measurable; score renormalized over what was measurable.

Market cap
$1.17B
Fully diluted
$1.17B
24h volume
$47.1M
Circulating
10,625,153,881
All-time high
$1.29 · 2024-03-13 (-92.6%)
TVL
$687.4M (chain)
Fees 30d
$2.2M
Revenue 30d
$2.2M
Fees 1y
$30.0M
Mayer multiple
1.063 · neutral
Pi cycle
0.449
On Coinbase since
2024-09-04 (778 bars)
CoinGecko id
polygon-ecosystem-token check

Continue your cycle research

How to read a crypto cycle chart · Calculation rules and sources