The post Polygon price to surge 45% as NFT sales, addresses, stablecoins jump appeared on BitcoinEthereumNews.com. Polygon price flipped a crucial resistance level as non-fungible token sales, stablecoin supply, and active addresses in the network jumped.  Summary Polygon price rose as third-party data showed its ecosystem was growing. NFT sales and buyers in its network jumped by double digits in the last 7 days. The stablecoin supply in the Polygon ecosystem jumped to a record high. Polygon (POL) jumped to a high of $0.2796, its highest level since March 3, and 80% above its lowest point this year.  Polygon active addresses and NFT sales rebound Third-party data shows that the Polygon ecosystem network is making some improvements. According to CryptoSlam, NFT sales in its network jumped by 14% in the last seven days to $18.9 million as buyers soared 64% to 65,626. This growth was driven by Courtyard, whose NFT sales jumped by 17% to $17 million. Its sales were much higher than the other three collections — CryptoPunks, DMarket, and Pudgy Penguin, combined.  NFT sales in other chains like Ethereum (ETH), Bitcoin (BTC), and BNB Chain dropped by 13%, 6.7%, and 54%, respectively.  Polygon price also jumped as Nansen data revealed that the number of active users in the network had jumped. They jumped by 10% in the last 7 days to 2.4 million, which is notable as most chains, including Solana and Base, lost active users. Polygon price also rose after the US government moved some of its data to it and other chains. In its statement, the Commerce Department said that publishing the numbers on-chain helped to demonstrate the wide utility of blockchain technology.  Meanwhile, DeFi Llama data shows that Polygon is becoming a powerhouse in the stablecoin industry. The stablecoin supply has surged to a record high of $1.32 billion, a notable development following the recent signing of the GENIUS Act. Most… The post Polygon price to surge 45% as NFT sales, addresses, stablecoins jump appeared on BitcoinEthereumNews.com. Polygon price flipped a crucial resistance level as non-fungible token sales, stablecoin supply, and active addresses in the network jumped.  Summary Polygon price rose as third-party data showed its ecosystem was growing. NFT sales and buyers in its network jumped by double digits in the last 7 days. The stablecoin supply in the Polygon ecosystem jumped to a record high. Polygon (POL) jumped to a high of $0.2796, its highest level since March 3, and 80% above its lowest point this year.  Polygon active addresses and NFT sales rebound Third-party data shows that the Polygon ecosystem network is making some improvements. According to CryptoSlam, NFT sales in its network jumped by 14% in the last seven days to $18.9 million as buyers soared 64% to 65,626. This growth was driven by Courtyard, whose NFT sales jumped by 17% to $17 million. Its sales were much higher than the other three collections — CryptoPunks, DMarket, and Pudgy Penguin, combined.  NFT sales in other chains like Ethereum (ETH), Bitcoin (BTC), and BNB Chain dropped by 13%, 6.7%, and 54%, respectively.  Polygon price also jumped as Nansen data revealed that the number of active users in the network had jumped. They jumped by 10% in the last 7 days to 2.4 million, which is notable as most chains, including Solana and Base, lost active users. Polygon price also rose after the US government moved some of its data to it and other chains. In its statement, the Commerce Department said that publishing the numbers on-chain helped to demonstrate the wide utility of blockchain technology.  Meanwhile, DeFi Llama data shows that Polygon is becoming a powerhouse in the stablecoin industry. The stablecoin supply has surged to a record high of $1.32 billion, a notable development following the recent signing of the GENIUS Act. Most…

Polygon price to surge 45% as NFT sales, addresses, stablecoins jump

Polygon price flipped a crucial resistance level as non-fungible token sales, stablecoin supply, and active addresses in the network jumped. 

Summary

  • Polygon price rose as third-party data showed its ecosystem was growing.
  • NFT sales and buyers in its network jumped by double digits in the last 7 days.
  • The stablecoin supply in the Polygon ecosystem jumped to a record high.

Polygon (POL) jumped to a high of $0.2796, its highest level since March 3, and 80% above its lowest point this year. 

Polygon active addresses and NFT sales rebound

Third-party data shows that the Polygon ecosystem network is making some improvements. According to CryptoSlam, NFT sales in its network jumped by 14% in the last seven days to $18.9 million as buyers soared 64% to 65,626.

This growth was driven by Courtyard, whose NFT sales jumped by 17% to $17 million. Its sales were much higher than the other three collections — CryptoPunks, DMarket, and Pudgy Penguin, combined. 

NFT sales in other chains like Ethereum (ETH), Bitcoin (BTC), and BNB Chain dropped by 13%, 6.7%, and 54%, respectively. 

Polygon price also jumped as Nansen data revealed that the number of active users in the network had jumped. They jumped by 10% in the last 7 days to 2.4 million, which is notable as most chains, including Solana and Base, lost active users.

Polygon price also rose after the US government moved some of its data to it and other chains. In its statement, the Commerce Department said that publishing the numbers on-chain helped to demonstrate the wide utility of blockchain technology. 

Meanwhile, DeFi Llama data shows that Polygon is becoming a powerhouse in the stablecoin industry. The stablecoin supply has surged to a record high of $1.32 billion, a notable development following the recent signing of the GENIUS Act. Most importantly, Polygon now supplies more than half of all non-USD stablecoins.

Polygon price technical analysis

POL price chart | Source: crypto.news

The daily timeframe chart shows that the POL price bottomed at $0.1655 in June and has been rising since then. It has flipped the important resistance level at $0.2620, the highest swing on July 22. It then retested the crucial $0.2796, the neckline of the double-bottom at $0.1655. 

Polygon price also flipped the 200-day Exponential Moving Average into support. Therefore, the most likely scenario is where it continues rising as bulls target the 38.2% Fibonacci Retracement level at $0.3850, up by 46% from the current level. 

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Source: https://crypto.news/polygon-price-to-surge-45-as-nft-sales/

Market Opportunity
Binance Coin Logo
Binance Coin Price(BNB)
$930.12
$930.12$930.12
-0.80%
USD
Binance Coin (BNB) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Saudi Awwal Bank Adopts Chainlink Tools, LINK Near $23

Saudi Awwal Bank Adopts Chainlink Tools, LINK Near $23

The post Saudi Awwal Bank Adopts Chainlink Tools, LINK Near $23 appeared on BitcoinEthereumNews.com. SAB adopts Chainlink’s CCIP and CRE to expand tokenization and cross-border finance tools. SAB and Wamid target $2.32T Saudi capital markets with blockchain-based tokenization plans. LINK price falls 2.43% to $22.99 despite higher trading volume and steady liquidity ratios. Saudi Awwal Bank has added Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and the Chainlink Runtime Environment (CRE) to its digital strategy. CCIP links assets and data across multiple blockchains, while CRE provides banks with a controlled framework to test and deploy new financial applications. The lender, with more than $100 billion in assets, is applying the tools to tokenized assets, cross-border settlement, and automated credit platforms. The move signals that Chainlink’s infrastructure is being adopted at scale inside regulated finance. Related: Chainlink’s Deal with SBI Is a Major Win, But Chart Shows LINK’s Battle at $27 Resistance Wamid Partnership Aims at $2.32 Trillion Markets In parallel, SAB signed an agreement with Wamid, a subsidiary of the Saudi Tadawul Group, to pilot tokenization of the Saudi Exchange’s $2.32 trillion capital markets. The focus is on equities and debt products, opening the door for blockchain-based issuance and settlement. SAB has already executed the world’s first Islamic repo on distributed ledger technology, in collaboration with Oumla earlier this year. That transaction gave regulators a template for compliant on-chain contracts. The Wamid deal builds directly on that precedent, shifting from single-instrument pilots toward broader capital markets integration. Saudi Blockchain Buildout Gains Pace Saudi institutions are building multiple layers of digital infrastructure. Oumla is working with Avalanche to develop the Kingdom’s first domestically hosted Layer 1 blockchain. SAB’s Chainlink adoption adds an interoperability and execution layer on top. Together, these projects are shaping a domestic framework for tokenization, with global connectivity added only where liquidity requires it. LINK Price and Liquidity Snapshot While institutional adoption progresses, Chainlink’s…
Share
BitcoinEthereumNews2025/09/18 08:49
Pump.fun CEO to Call Low-Cap Gem to Test New ‘Callouts’ Feature — Is a 100x Incoming?

Pump.fun CEO to Call Low-Cap Gem to Test New ‘Callouts’ Feature — Is a 100x Incoming?

Pump.fun has rolled out a new social feature that is already stirring debate across Solana’s meme coin scene, after founder Alon Cohen said he would personally
Share
CryptoNews2026/01/16 06:26
New York Regulators Push Banks to Adopt Blockchain Analytics

New York Regulators Push Banks to Adopt Blockchain Analytics

New York’s top financial regulator urged banks to adopt blockchain analytics, signaling tighter oversight of crypto-linked risks. The move reflects regulators’ concern that traditional institutions face rising exposure to digital assets. While crypto-native firms already rely on monitoring tools, the Department of Financial Services now expects banks to use them to detect illicit activity. NYDFS Outlines Compliance Expectations The notice, issued on Wednesday by Superintendent Adrienne Harris, applies to all state-chartered banks and foreign branches. In its industry letter, the New York State Department of Financial Services (NYDFS) emphasized that blockchain analytics should be integrated into compliance programs according to each bank’s size, operations, and risk appetite. The regulator cautioned that crypto markets evolve quickly, requiring institutions to update frameworks regularly. “Emerging technologies introduce evolving threats that require enhanced monitoring tools,” the notice stated. It stressed the need for banks to prevent money laundering, sanctions violations, and other illicit finance linked to virtual currency transactions. To that end, the Department listed specific areas where blockchain analytics can be applied: Screening customer wallets with crypto exposure to assess risks. Verifying the origin of funds from virtual asset service providers (VASPs). Monitoring the ecosystem holistically to detect money laundering or sanctions exposure. Identifying and assessing counterparties, such as third-party VASPs. Evaluating expected versus actual transaction activity, including dollar thresholds. Weighing risks tied to new digital asset products before rollout. These examples highlight how institutions can tailor monitoring tools to strengthen their risk management frameworks. The guidance expands on NYDFS’s Virtual Currency-Related Activities (VCRA) framework, which has governed crypto oversight in the state since 2022. Regulators Signal Broader Impact Market observers say the notice is less about new rules and more about clarifying expectations. By formalizing the role of blockchain analytics in traditional finance, New York is reinforcing the idea that banks cannot treat crypto exposure as a niche concern. Analysts also believe the approach could ripple beyond New York. Federal agencies and regulators in other states may view the guidance as a blueprint for aligning banking oversight with the realities of digital asset adoption. For institutions, failure to adopt blockchain intelligence tools may invite regulatory scrutiny and undermine their ability to safeguard customer trust. With crypto now firmly embedded in global finance, New York’s stance suggests that blockchain analytics are no longer optional for banks — they are essential to protecting the financial system’s integrity.
Share
Coinstats2025/09/18 08:49