Polymath price up 421% in a week: Why is the POLY price rising?
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Polymath (POLY) has staged one of the most dramatic rallies in the cryptocurrency market, soaring over 421% in just seven days according to Coingecko data.
The token’s price surged to a peak of $0.2202 in the last 24 hours, marking a meteoric rise from its weekly low of just $0.03177.
Currently, POLY is trading around $0.1917, with a one-day gain of more than 133% and a staggering 364.9% increase over the past 30 days.
This rally has pushed Polymath’s market cap past $171 million, placing it firmly back on the radar of institutional and retail investors alike.
While the altcoin is not listed on major centralised exchanges, let us examine the factors behind this rally to understand whether the surge is driven by hype or fundamental developments.
Why is the Polymath price soaring?
Much of the enthusiasm surrounding Polymath can be traced back to a series of major announcements, particularly its upcoming corporate restructuring and recent asset acquisition.
On June 5, 2025, Polymath CEO Vince Kadar presented live at the Blockchain and Digital Assets Virtual Investor Conference, fueling fresh investor interest and optimism.
According to a press release shared with media outlets before the conference, during the presentation, Kadar discussed Polymath’s planned Reverse Takeover (RTO) with AnalytixInsight Inc., which is expected to lead to a name change to “Polymath Network Inc.” and a significant share consolidation.
The terms of the RTO were recently amended to reflect Polymath’s increased valuation, which rose after it acquired key assets from the Polymesh Association, including the Polymesh blockchain and POLYX tokens.
This acquisition marks a pivotal shift for the company, as it allows Polymath to directly oversee Polymesh Labs and expand its role in managing the Layer-1 blockchain built specifically for regulated real-world assets.
The Polymesh blockchain, designed using Polkadot’s modular substrate framework, addresses persistent infrastructure challenges by incorporating features such as identity verification, compliance mechanisms, and confidentiality controls.
As the global financial system increasingly explores tokenisation, Polymath’s infrastructure is being viewed as a leading institutional-grade solution.
Moreover, market momentum has been amplified by social media activity, including X posts from Polymath Network and influencers highlighting POLY’s breakout performance as the day’s top gainer.
A post from Cryptolenz, for instance, listed $POLY as the best-performing crypto on June 5 with a 161.9% gain, further drawing retail attention.
Adding to this, Polymath has also begun staking its treasury-held POLYX tokens, generating revenue while reinforcing its involvement in blockchain governance through validator participation.
With a history rooted in pioneering the ERC-1400 token standard and deploying over 200 security tokens, Polymath’s evolving narrative now includes full-stack control of a blockchain tailored for regulatory compliance.
Investor sentiment has shifted dramatically, and with strong institutional signalling, the recent price movement reflects not just speculation but a reevaluation of Polymath’s long-term potential.
POLY price forecast
Although the token has already delivered impressive returns, many observers believe the current rally could still have room to grow.
If regulatory approvals for the RTO proceed as expected and the broader market maintains a bullish tone on real-world asset tokenisation, POLY could continue testing new short-term highs.
In the near term, traders are watching the $0.22 resistance level closely, as a successful breakout above this threshold may set the stage for a further climb.
However, with the token already showing a 155.7% year-over-year increase, a healthy retracement or consolidation may also occur before the next major move.
Despite potential short-term volatility, Polymath’s long-term outlook appears increasingly favourable, especially as adoption of compliant blockchain infrastructure gains momentum across the financial industry.
The post Polymath price up 421% in a week: Why is the POLY price rising? appeared first on Invezz
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