- Sandeep Nailwal published an X post, just saying, “Hold.”
- Polygon Foundation CEO’s post triggered bullish sentiments for long-term POL holdings.
- POL recorded a monthly surge of 15.6%.
Sandeep Nailwal, CEO of Polygon Foundation, ignited optimism among crypto enthusiasts. While some questioned his approach, others acknowledged the post on X as a sign of a better future. Sandeep published a post at a time when POL (previously MATIC) was continuously marking price increases. The bullish sentiment is more or less relevant across the crypto market.
Hold, Said Polygon Foundation CEO Sandeep Nailwal
The Chief Executive Officer of Polygon Foundation, Sandeep Nailwal, took to X to publish a post saying, “Hold.” This ignited bullish sentiments among crypto enthusiasts, signalling that the future is brighter. Sandeep’s post on X comes at a time when the token has noted an uptick of 1.32% in the last 24 hours, while writing this article. POL is currently valued against the US Dollar at $0.2715.
The monthly gain of POL comes to 15.6% at this moment. This is another factor that may justify the intention of holding POL for a long time. Some members sought clarification over the post, asking Sandeep’s criteria for publishing such a post. Others quickly came out in support of his X post, saying that they are holding strongly to their portfolio.
That said, it is important to note that crypto trading is highly volatile and should be done only after thorough research. This article is neither investment advice nor a recommendation to readers.
Bullish Trends Across Crypto Market
Overall trends in the crypto market are bullish, with the global market cap of $3.96 trillion. Data by CoinMarketCap further highlights that the prevailing Fear & Greed Index is 47 points at the moment. CMC20 Index Chart is up by 1.63% over the last 24 hours, representing a net value of $251.10. The net value of the index chart was $247.29 yesterday, and $243.27 last week.
As for POL, the sentiments are bullish with the FGI of 54 points and 50-day SMA of $0.242798. Volatility stands at 6.65% and the 14-day RSI is 55.59 points, while the article is being drafted. CoinCodex anticipates a correction for POL price in the days to come. The token, per the anticipation, may decline by 23.27% in the next 5 days and 25.15% in the next 1 month, from the present value.
POL Earlier Breached $1.18B in TVL
Earlier in August this year, POL reportedly breached the $1.18 billion TVL milestone to record an impressive growth. The record went on to indicate the rise in trust level and adoption of the Polygon ecosystem. Interestingly, Sandeep took full control of Polygon Foundation as its CEO on June 11, 2025. The ecosystem has recorded a couple of milestones during this time.
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Source: https://thenewscrypto.com/polygon-foundation-ceo-sandeep-nailwal-triggers-optimism-posts-hold/