Polygon Crypto Gains Momentum as Binance & Polymarket Seek $7M Recovery

Polygon is approaching a critical price level as a proposed crypto hard fork puts the network back trending. POL recently recovered toward $0.10, while Binance and Polymarket are seeking to recover millions in stolen tokens through a controversial governance proposal. The plan could strengthen confidence in Polygon’s ability to protect users, but it also raises questions about decentralization. Can the recovery effort help POL extend its rebound or trigger another round of selling? Polygon and The Proposed Crypto Hard Fork The proposed hard fork would zero the balances of four addresses linked to the Polymarket incident and one tied to Binance. Polymarket accounts for 23.86 million POL, while Binance’s address holds 46.63 million POL. The proposal would credit the equivalent balances to recovery wallets verified by the affected platforms.

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