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POL Falls 4.46% as of 08:21 UTC; Earlier Binance Futures Open Interest Rose 5.67%

The earlier snapshot showed POL down 3.64% in its own 24-hour window, with a 14-day RSI of 48.24 and a 0.0050% funding rate.

Updated 1 min read
A market graphic places Polygon spot trading beside Binance futures activity. / EconoTimes.ai
A market graphic places Polygon spot trading beside Binance futures activity. / EconoTimes.ai

As of 08:21 UTC Friday, Polygon (POL) was $0.0933, down 4.46% in 24 hours; a separate, earlier Binance futures snapshot showed open interest up 5.67%.

In the earlier reading, POL had fallen 3.64% during its own 24-hour window and ranged from $0.09 to $0.10. The token’s 14-day relative strength index (RSI) stood at 48.24.

The snapshot counted 140,555,421 Binance futures contracts open, valued at $14,015,141. A 0.0050% funding rate indicated payments from long traders to short traders. Spot trading volume on Binance reached $4,758,610 in the same reading.

Long accounts made up 65.4% of Binance’s global tally and short accounts 34.6%; the reported ratio was 1.8885. A higher open-interest total means more positions remain active, but the count alone does not show which side carries greater exposure.

An Oct. 26 EconoTimes review of five crypto futures markets found open interest had risen in each, with Solana (SOL) leading the gains.

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