Will Polygon (MATIC) Rebound Strongly to $1?

Polygon (MATIC) price has been rejected at $0.70 multiple times in the past week amid frantic recovery attempts by the bulls. Crypto exchanges ending support for MATIC and other altcoins have contributed to the recent price correction. Can the bullish investors defy the negative sentiment to keep the Polygon pice rally going?

Robinhood is set to end support for MATIC, Cardano (ADA), and Solana (SOL) on June 27. The prominent crypto trading platform made the announcement on June 9 in proactive response to the SEC’s recent court filings against Binance and Coinbase.

However, on-chain data suggest that the bulls could soon seize control of the market again.

Polygon Investors Have Staked Over 100 Million Tokens This Month.