Polygon (POL) Surges 16% After Launch of Agglayer Breakout Program

POL, the native token of the Polygon blockchain ecosystem, has gained 16% in the last 24 hours. The move to the upside is primarily driven by a major announcement from the Polygon team, introducing a program that will distribute token rewards to POL stakers.Trade Crypto on KrakenToday, Polygon unveiled the Agglayer Breakout Program, an initiative designed to drive major growth in the Polygon ecosystem. Participating projects will be distributing a portion of their token’s supply (usually between 5% and 15%) to POL token stakers through crypto airdrops.According to a post on Polygon’s official X account, the program is focused on supporting and incubating new aggregated chains. These chains will benefit from Polygon’s scalability infrastructure while directly rewarding POL holders via airdrops.POL Value Accrual #2

Introducing the Agglayer Breakout Program–built to incubate aggregated chains, bootstrapping network effects on Agglayer while driving value to POL stakers via airdrops 🪂

The first cohort:
• @PrivadoID
• @0xPolygonMiden
• [redacted] pic.twitter.com/08Y3XklBToThe first cohort of projects participating in the program includes Privado ID, a privacy-focused decentralized identity solution, and Polygon Miden, a zero-knowledge (ZK) powered rollup. A third project has been teased but not yet revealed.The Agglayer Breakout Program marks a significant shift in Polygon’s approach to ecosystem growth by aligning new project launches with direct incentives for existing token holders. This model is expected to bolster adoption of Polygon’s technology while increasing demand for POL due to the staking benefits.It’s no secret that POL has been a poor performer so far this year. The token started 2025 at a price of roughly $0.45, and has been steadily declining until reaching a local bottom at $0.16. However, the token’s fortunes have been turning around recently, with the token gaining 42% against the US dollar in the last 7 days.According to the Polygon price prediction on CoinCodex, the token could be poised for a substantial rally. Analysts forecast a move to $1.03 by June 2025, driven by increased staking participation and ecosystem expansion. However, this rally is expected to be followed by a longer-term price correction, during which the token may stabilize around the $0.40 mark.This suggests that while there is significant short-to-mid-term upside potential, investors should also consider the possibility of post-rally consolidation.Get Started on Kraken