{"id":50827,"date":"2025-10-02T20:01:59","date_gmt":"2025-10-02T20:01:59","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=50827"},"modified":"2025-10-02T20:01:59","modified_gmt":"2025-10-02T20:01:59","slug":"is-standard-chartered-set-to-pump-polygon-pol-price-prediction-for-uptober","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=50827","title":{"rendered":"Is Standard Chartered Set to Pump Polygon? POL Price Prediction For Uptober"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400\">Standard Chartered\u2019s custody role on a new tokenized money-market fund puts Polygon in the spotlight as \u201cUptober\u201d begins and POL price is ticking higher.<\/span><\/p>\n<p><span style=\"font-weight: 400\">AlloyX and Polygon Labs, with custody provided by Standard Chartered Bank, have <\/span><a class=\"general-link\" href=\"https:\/\/polygon.technology\/blog\/alloyx-launches-tokenized-money-market-fund-real-yield-token-ryt-on-polygon\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">launched<\/span><\/a><span style=\"font-weight: 400\"> RYT, a tokenized money-market fund on the Polygon network with ties to Hong Kong.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The aim is to deliver regulated, on-chain yield while linking decentralized finance with traditional banking frameworks.<\/span><\/p>\n<p><span style=\"font-weight: 400\">AlloyX said RYT combines on-chain transparency with a regulated structure and T+1 settlement. Standard Chartered will handle custody, while Polygon Labs supports the rollout.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The fund will debut exclusively on Polygon before expanding to other blockchains.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cRYT aims to bridge DeFi liquidity with a transparent, audited cash management layer,\u201d AlloyX CEO Dr. Thomas Zhu said.<\/span><\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_68ded6ef2a380\" data-coin-id=\"pol-polygon-ecosystem-token\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n\t\t\t\t<img id=\"crypto_chart_68ded6ef2a380-chart__info-icon-img\"><\/p>\n<div class=\"chart__info-name\" id=\"crypto_chart_68ded6ef2a380-chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\" id=\"crypto_chart_68ded6ef2a380-chart__info-symbol\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\" id=\"crypto_chart_68ded6ef2a380-chart__info-price\"><\/div>\n<div class=\"chart__info-change\" id=\"crypto_chart_68ded6ef2a380-chart__info-change\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\" id=\"crypto_chart_68ded6ef2a380-chart__info-marketcap\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\" id=\"crypto_chart_68ded6ef2a380-btn-24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\" id=\"crypto_chart_68ded6ef2a380-btn-7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\" id=\"crypto_chart_68ded6ef2a380-btn-30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\" id=\"crypto_chart_68ded6ef2a380-btn-1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_68ded6ef2a380-btn-all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n\t\t<canvas class=\"chart__canvas\" id=\"crypto_chart_68ded6ef2a380-cryptoChart\"><\/canvas>\n\t<\/div>\n<\/div>\n<p><span style=\"font-weight: 400\"><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/span><\/a><\/strong><\/span><\/p>\n<h2><b>Why Is the MATIC-to-POL Migration Important for Polygon Users?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">For Standard Chartered, the launch adds to its growing digital assets strategy. The bank already operates a regulated spot trading service for institutions and earlier this year set up an EU custody entity.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">It is also <\/span><a class=\"general-link\" href=\"https:\/\/www.sc.com\/en\/press-release\/standard-chartered-launches-digital-assets-trading-for-institutional-clients\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">developing<\/span><\/a><span style=\"font-weight: 400\"> a collateral program centered on tokenized money-market funds, indicating a broader commitment to bank-grade tokenization infrastructure.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Polygon\u2019s native token, POL, traded near $0.241 in afternoon sessions, up approximately 3-4% over the past 24 hours, giving it a market capitalization of around $2.5 billion. The coin\u2019s intraday range was $0.233-$0.241.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The network completed its MATIC-to-POL <\/span><a class=\"general-link\" href=\"https:\/\/polygon.technology\/blog\/matic-to-pol-migration-is-99-complete-everything-you-need-to-know\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">migration<\/span><\/a><span style=\"font-weight: 400\"> in September, with roughly 99% of tokens converted.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Polygon continues to post strong usage data, reporting hundreds of thousands of daily active addresses, millions of daily transactions, and a multi-billion-dollar stablecoin float, the type of activity real-world asset issuers look for when selecting blockchains.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">Best New Cryptocurrencies to Invest in 2025<\/span><\/a><\/strong><\/p>\n<h2><b>POL Price Prediction: Is Polygon Price Gearing Up for a Bullish Reversal?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">The stablecoin activity\u00a0<\/span><span style=\"font-weight: 400\"><span style=\"margin: 0px;padding: 0px\">on Polygon has\u00a0<a class=\"general-link\" href=\"https:\/\/x.com\/LennaertSnyder\/status\/1973362958001643828\" target=\"_blank\" rel=\"noopener nofollow\">increased<\/a> significantly since 2023, with the number of transactions per day growing by over 900% within\u00a0<\/span>a few years.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24POL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$POL<\/a> daily stablecoin transaction volume is experiencing explosive growth.<\/p>\n<p>Since 2023, the daily stablecoin transaction volume on Polygon has grown by over 900%.<\/p>\n<p>This chart screams one thing loud and clear: <a href=\"https:\/\/twitter.com\/0xPolygon?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">@0xPolygon<\/a> is built for payments. <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f44c.png\" alt=\"\ud83d\udc4c\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <a href=\"https:\/\/t.co\/brWxXcfjbJ\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/brWxXcfjbJ<\/a><\/p>\n<p>\u2014 Lennaert Snyder (@LennaertSnyder) <a href=\"https:\/\/twitter.com\/LennaertSnyder\/status\/1973362958001643828?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">October 1, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">According to the chart, the volume base remained stable until 2022 and then started accelerating upwards in mid-2024. By the end of 2025, transfers in Polygon stablecoins had topped 500,000 daily, some of the largest activity the network saw.<\/span><\/p>\n<p><span style=\"font-weight: 400\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-290869\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-02T173358.147.png\" alt=\"\" width=\"797\" height=\"390\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-02T173358.147.png 797w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-02T173358.147-300x147.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-02T173358.147-768x376.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-02T173358.147-130x63.png 130w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-02T173358.147-50x24.png 50w\" sizes=\"auto, (max-width: 797px) 100vw, 797px\"><\/span><\/p>\n<p><span style=\"font-weight: 400\">(<\/span><a href=\"https:\/\/x.com\/LennaertSnyder\/status\/1973362958001643828\" rel=\"nofollow\" target=\"_blank\"><span style=\"font-weight: 400\">Source: X<\/span><\/a><span style=\"font-weight: 400\">)<\/span><\/p>\n<p><span style=\"font-weight: 400\">It has attracted the attention of analysts because they believe that the shift indicates that Polygon is becoming a more critical payment network, capable of making transfers fast and cheap at scale.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The demand from retail and institutional users is also reflected in the growth trend, as regulated tokenized funds and banking partnerships are brought on-chain.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The consistent growth even in turbulent market conditions signals Polygon\u2019s robustness and growing applicability in real-world finance.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As per <\/span><a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/symbols\/MATICUSDT\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">TradingView data,<\/span><\/a><span style=\"font-weight: 400\"> MATIC is recovering following weeks of pressure. The token had slipped above $0.27 in September to about $0.21, but was pushed by buyers to give prices a boost back into the $0.236-$0.241 band.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-290870\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-02T173403.708.png\" alt=\"\" width=\"1600\" height=\"1029\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-02T173403.708.png 1600w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-02T173403.708-300x193.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-02T173403.708-1024x659.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-02T173403.708-768x494.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-02T173403.708-1536x988.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/unnamed-2025-10-02T173403.708-50x32.png 50w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\"><\/p>\n<p><span style=\"font-weight: 400\">(<\/span><a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/symbols\/MATICUSDT\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Source: MATIC USDT, TradingView<\/span><\/a><span style=\"font-weight: 400\">)<\/span><\/p>\n<p><span style=\"font-weight: 400\">It is now experiencing resistance in the 100-EMA, and the 50-EMA in the 0.233-range has turned into support.<\/span><\/p>\n<p><span style=\"font-weight: 400\">A clear break above $0.245 may contribute to the argument for a reversal, and the gap to $0.27 may become apparent.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The trading volume has been recording improvement in the rebound, and this promotes renewed interest. However, when support at $0.233 is breached, then the price can retest $0.22. In the meantime, the trend is biased towards a cautious bullish stance, but the larger trend remains uncertain.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-100x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">10+ Next Crypto to 100X In 2025<\/span><\/a><\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/is-standard-chartered-set-to-pump-polygon-pol-price-prediction-for-uptober\/\">Is Standard Chartered Set to Pump Polygon? POL Price Prediction For Uptober<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Standard Chartered\u2019s custody role on a new tokenized money-market fund puts Polygon in the spotlight as \u201cUptober\u201d begins and POL price is ticking higher. AlloyX and Polygon Labs, with custody provided by Standard Chartered Bank, have launched RYT, a tokenized money-market fund on the Polygon network with ties to Hong Kong.\u00a0 The aim is to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-50827","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50827"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50827\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}