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Coinpaper 2026-02-25 21:22:24

POL Price Prediction as Brazil's Largest FX Bank Expands BBRL Stablecoin to Polygon

POL price has climbed nearly 5% to $0.1166 after Brazil’s largest foreign exchange bank expanded its BBRL stablecoin to Polygon. The move connects the Brazilian real to one of the most active stablecoin networks. Market participants reacted as on-chain data also showed rising liquidity. The token now trades with a market cap of $1.23 billion and daily volume above $109 million. Brazil’s FX Bank Expands BBRL to Polygon Grupo Braza announced that BBRL will now operate on the Polygon network. The stablecoin is fully backed by Brazilian reais and is audited. It is issued by an institution regulated by the Central Bank of Brazil. The company said the expansion increases liquidity and lowers transaction costs. BBRL has been available to individuals and businesses since 2025. With Polygon integration, users gain near-instant transfers and lower fees. According to Grupo Braza, the strategy aims to integrate the digitized real with major blockchain networks. The firm stated that the expansion supports payments, transfers, and international off-chain operations. Polygon Labs CEO Marc Boiron noted that regulated stablecoins backed by fiat currencies support global commerce adoption. Polygon Stablecoin Supply and Revenue Rise On-chain data shows strengthening activity across Polygon . Data from DeFiLlama indicates total stablecoin supply on the network reached $3.26 billion. This marks a sharp increase from $2.4 billion at the beginning of February. Weekly revenue generated by decentralized applications on Polygon also rose nearly 70% in recent weeks. Rising stablecoin liquidity often supports higher transaction activity. Increased network usage can contribute to improved fee generation and ecosystem growth. Source: Defillama The addition of BBRL adds another regulated asset to Polygon’s infrastructure. A broader stablecoin base supports cross-border payments and tokenized finance use cases. The network continues positioning itself as a hub for global digital payments. POL Price Prediction as Support Holds POL price previously peaked near $0.18 before entering a prolonged correction. The price formed lower highs and lower lows before finding support near $0.09. Since then, the token has established a higher low above $0.10. The token is now compressing below the $0.12 resistance zone. Technical indicators show strengthening momentum. The Relative Strength Index stands near 58 and remains above 50. This level suggests that the bulls' control may continue further, hence a more uptrend. Concurrently, the MACD indicator has crossed above its signal line, and the histogram is expanding, indicating a rising buying pressure, which is good for POL. Source: TradingView The Money Flow Index is near 65, which indicates capital inflows without overbought conditions. As a result, the immediate resistance for POL sits around $0.12, followed by $0.125 to $0.13 however, if bearish momentum seizes the market, support levels remain near $0.105 and the $0.09 base. If POL price closes decisively above $0.12, traders may watch the $0.13 and $0.15 levels. A sustained move could open a path toward the prior range near $0.17.

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