Polygon Crypto Price Drops Amid Giugliano Hardfork Upgrade

Key Insights:

• Polygon crypto (POL) price stays weak ahead of the April 8 Giugliano upgrade.
• Technical indicators show a bearish trend with low momentum.
• Strong network activity and adoption support long-term outlook.

Layer 2 network Polygon is back in the spotlight as the platform is gearing up for a major upgrade this week. Despite this key upcoming development, the Polygon (POL) crypto price is still in the negative zone, sparking caution.

Polygon Crypto Price Drops Ahead of Major Upgrade

According to the most recent data available, the Polygon crypto token was trading within the $0.09 zone. Over the last 24 hours, there was a loss of 3.2%.

The token has also witnessed negative changes over the last week and month, marking 2.3% and 3.6% drops, respectively. These statistics indicate the short-term selling pressure on the coin.

In the short run, the Polygon crypto price has been experiencing lateral movements without the formation of significant breakouts. During the week, POL price has stayed in the red zone with slight losses.

As for the general picture, the POL price has been under pressure for several months. It is also worth noting that the crypto is trading much lower than its previous highs.

Moreover, according to the last month’s statistics, the price trend is negative. It indicates the influence of the broader crypto market, which is the negative zone since October 2025.

It is important to highlight that, despite all negative factors, market liquidity remains unchanged. In fact, daily volume stays high enough.

Meanwhile, over the last 24 hours, the trading volume rose by 2%, reaching $54.54 million. In other words, even though the price is currently weak, the activity on Polygon does not slow down.

Unveiling Giugliano Upgrade of Polygon (POL)

Notably, the Giugliano hardfork is set to go live on Polygon’s mainnet on April 8, 2026. It is going to be executed at block height 85,268,500, estimated for about 2 PM UTC.

Within this upgrade of the Polygon crypto, node operators are needed to install the latest version of software packages such as Bor v2.7.0 or Erigon v3.5.0.

Polygon Crypto Remains Volatile Ahead of Giugliano Upgrade | Source: Polygon

This upgrade is primarily targeted at optimizing network performance. Block producers can inform about the blocks ahead of time, which contributes to the quicker settlement of transactions.

New functionality associated with fees is introduced in the upgrade. The main innovations include adding the fee parameters directly to the block header and enhanced fee information accessibility via RPC.

Polygon is expected to gain more popularity driven by this upgrade. This is due to the fact that the upgrade will bring about notable changes to the network’s efficiency. It will also further solidify its reputation as a cheap and fast blockchain platform.

Despite the current decline in the crypto market, the Polygon network is still growing steadily. There have been more transactions and active participants within the network.

This growth is mainly due to the Polymarket platform and its growing importance in the stablecoin space. Several companies, including Shift4 Payments, Revolut, and Stripe, are now making use of the Polygon network.

What’s Next for POL Price?

It should be mentioned that the volatility of the POL price will probably persist due to the market’s reaction to the Giugliano upgrade. Market participants will pay attention to whether the upgrade will lead to positive sentiments or will cause even more selling.

If the Polygon crypto price succeeds in staying above the $0.085-$0.09 support area, it may consolidate and attempt to make a minor comeback. At the upper boundary, $0.10-$0.11 will act as the nearest resistance point.

From a technical point of view, indicators suggest weak momentum right now. The price is still trading below key moving averages, which shows a bearish trend in the near term.

The RSI (Relative Strength Index) is hovering in the lower range. This indicates that the token is oversold but not strongly reversing yet. If buying pressure increases after the upgrade, this could push the price into a short-term bounce.

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