Polygon (POL) has recorded a significant surge in whale activities as the collective holdings of large investors increased to 852.14 million.
An analyst has predicted that POL could hit $0.89 in the near term if retail investors join to accumulate.
Large investors collectively accumulated about 695.38 million tokens, with an additional 113 million tokens ($65 million) accumulated in the past seven days.
Polygon recently formed a strategic partnership with Xalts to streamline blockchain adoption and enhance Real World Assets (RWA) tokenization.