Polygon’s POL Jumps to Two-Month High on Open Money Stack Push and Acquisition Reports

Overview

• POL rose roughly 15%–18% to about $0.15, touching an intraday high near $0.158 and reclaiming levels last seen in November.
• Trading volume accelerated sharply, with reports citing gains of about 98% to 167% and 24-hour turnover in the $228 million to $312 million range.
• Polygon leaders outlined an Open Money Stack, a modular framework for on-chain money movement that targets stablecoin rails, wallets, identity, and fiat settlement.
• Media reports point to an unconfirmed $100–$125 million bid for Coinme, a large U.S. crypto ATM operator with nationwide coverage, signaling a push to strengthen fiat on-ramps.
• Market gauges showed buyers in control, including a positive buy–sell delta and an RSI around 77, which also flags the risk of a near-term pullback.