POL Price Breaks Trendline, Network Burns Surpass 3M
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 11 2026- Price Reversal Signal: POL price surged from $0.105 to $0.144, a 38% increase, decisively breaking the descending trendline, indicating a strong market reversal signal that may attract more investor interest.
- Support Level Confirmation: The former resistance at $0.115–0.120 has now turned into a key support level, and maintaining above it is crucial for continued upward momentum, reflecting a positive market sentiment.
- Network Burn Trends: On January 5, over 3 million POL were burned, marking a multi-month high, indicating increased transaction activity that may tighten effective supply and support price increases.
- Momentum Expansion: In the short term, POL price broke above the $0.130–0.135 range, accompanied by expanding volume and rising volatility, demonstrating buyers' ability to absorb profit-taking, further enhancing upward pressure.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
