Polygon’s POL Token Soars as Heimdall v2 Upgrade Looms

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After what felt like an eternity of sideways movement in June, Polygon’s native POL token has finally decided to show some life. At the time of writing, POL is trading near $0.1952, up a respectable 5.5% in the last 24 hours and a whopping 9% over the past week. 🚀

This sudden burst of energy comes as the network gears up for the long-awaited Heimdall v1 to v2 migration on its mainnet. In a tweet that could only be described as a digital pep talk, Polygon co-founder and newly appointed Polygon Foundation CEO Sandeep Nailwal confirmed that the upgrade will go live on July 10. 📢

Shipping Announcement! 🚢

We’ve been on a shipping spree—and next up is Polygon PoS’s consensus layer, Heimdall v2, landing 10 July 2025.

‼️ This is the most technically complex hard-fork Polygon PoS has seen since it’s launch in 2020 ‼️

What’s changing?1. Heimdall sheds all…

— Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) July 8, 2025

Nailwal described the upcoming upgrade as the most technically complex hard fork since Polygon PoS’s launch in 2020. This transition will see the Heimdall consensus layer shedding its legacy technical debt and moving from the older Tendermint + Cosmos-SDK v0.37 stack to the more advanced CometBFT + Cosmos-SDK v0.50. 🛠️

The changes are expected to bring faster finality, reducing the time to around five seconds without reorgs beyond two blocks. The Heimdall v1 to v2 migration was first tested on the Amoy testnet on June 24, and it seems to have gone off without a hitch. 🎉

However, the network has advised caution during the migration window. On the day of the upgrade, Heimdall’s finality will experience a delay of around three hours. While the chances are low, the reorganization could prompt decentralized applications to increase confirmation requirements to 256 blocks for that day. 🚧

POL Price Suggests Bullish Momentum

If the upgrade is implemented smoothly, analysts are predicting that POL could become one of the best crypto buys of the year. On the 4-hour POL chart, the price is currently testing the upper Bollinger Band, indicating strong bullish momentum but also suggesting near-term overextension. 📈

POL price chart with RSI and Bollinger Bands | Source: TradingView

Meanwhile, the RSI is in the overbought zone, which might trigger a short-term pullback. A drop below key support of $0.1770 could shift the short-term bias toward consolidation before the next upward leg. 📉

POL price chart with MACD | Source: TradingView

The MACD shows a bullish crossover with the MACD line above the signal line and expanding green histogram bars, confirming upward momentum. If buyers can sustain this momentum, immediate resistance is seen at $0.2025, followed by $0.2180. 🚀

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2025-07-09 13:46