Terrirudicki
October 1, 2025 06:37
The October Network Upgrade Announcement has a mixed signal of $0.38 matic deal, as it drives weekly profits despite recent sideways action and technical headwinds.
what happened
Polygon announced its major stake of stake chain upgrades scheduled for October 2025, pledging to increase network throughput to 5,000 transactions per second, reducing the final time to one second. Despite this positive catalyst, Matic Price has consolidated around $0.38, a decrease of 0.29% over the past 24 hours, to help traders digest the implications of future technological improvements.
detail
Future POS upgrades represent a critical infrastructure enhancement that allows for more competitive placement of polygons in the Layer 2 scaling space. Network metrics show strong growth momentum, with polygon generating nearly 2.5 million new addresses in one September, doubling its total unique address count. This surge in adoption contributed to Matic’s impressive 25% weekly profit, but the tokens have entered the consolidation phase.
Trading activity remains strong at $107 million on a 24-hour volume of the MACT/USDT pair. The network also shows the growth of authentic utility as well as 8% increase in daily trading and 110% increase in trading volume.
Technical response
Matic Price Action reflects the classic “buy rumors and sell news” pattern following the announcement of the upgrade. The current trade is $0.38, with Matic below all major moving averages, and the 20-day SMA representing immediate resistance of $0.43. The relative strength index is at 38.0, suggesting that overselling or being oversold is not oversold.
The main resistance levels appear at $0.58, with support being $0.35 and $0.33. The MACD indicator shows bearish momentum with a negative histogram read of -0.0045, suggesting that short-term pressure continues despite the underlying improvement.
What traders do
Market participants appear to be positioning carefully ahead of the October upgrade implementation. Lateral price actions suggest that you will earn profits from previous profits while maintaining support beyond critical levels. The lack of significant whale accumulation indicates an on-the-scene approach, but institutional interest is evident through sustained trading volumes.
Analysts identified it as $0.38 for initial strength checks, $0.71 for technical breakout levels, and $1.30 for potential gathering destinations if the upgrade is successful.
What’s next?
The 24-48-hour outlook will depend on whether Matic can maintain support beyond $0.35 while gaining momentum towards a $0.43 resistance level. The current level of defense success could establish the foundation for an upward movement as the October upgrade approaches.
Traders should monitor network performance metrics and developer activity leading up to launching POS upgrades. Technical delays and complications can cause sales pressure, but successful implementations can catalyze the next leg more highly.
Take home
Matic presents a compelling risk reward setup with basic catalysts that support higher prices, but technical indicators suggest patience until a clear breakout signal exceeds $0.43.
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