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

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.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 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)
$639.13
$639.13$639.13
-1.09%
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 crypto.news@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

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

The post Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference appeared on BitcoinEthereumNews.com. Key Takeaways Ethereum’s new roadmap was presented by Vitalik Buterin at the Japan Dev Conference. Short-term priorities include Layer 1 scaling and raising gas limits to enhance transaction throughput. Vitalik Buterin presented Ethereum’s development roadmap at the Japan Dev Conference today, outlining the blockchain platform’s priorities across multiple timeframes. The short-term goals focus on scaling solutions and increasing Layer 1 gas limits to improve transaction capacity. Mid-term objectives target enhanced cross-Layer 2 interoperability and faster network responsiveness to create a more seamless user experience across different scaling solutions. The long-term vision emphasizes building a secure, simple, quantum-resistant, and formally verified minimalist Ethereum network. This approach aims to future-proof the platform against emerging technological threats while maintaining its core functionality. The roadmap presentation comes as Ethereum continues to compete with other blockchain platforms for market share in the smart contract and decentralized application space. Source: https://cryptobriefing.com/ethereum-roadmap-scaling-interoperability-security-japan/
Share
BitcoinEthereumNews2025/09/18 00:25
Ethereum Price and BitMine Shares Jump 10% After Latest Treasury Buy

Ethereum Price and BitMine Shares Jump 10% After Latest Treasury Buy

Ethereum Price, BitMine Shares Jump on Treasury Buy The post Ethereum Price and BitMine Shares Jump 10% After Latest Treasury Buy appeared first on Cryptonews.
Share
Coinstats2026/03/03 06:28
Shiba Inu Shibarium Issues: Wallet and Explorer Notices

Shiba Inu Shibarium Issues: Wallet and Explorer Notices

The post Shiba Inu Shibarium Issues: Wallet and Explorer Notices appeared on BitcoinEthereumNews.com. Shibarium, the layer-2 blockchain for Shiba Inu, has issued
Share
BitcoinEthereumNews2026/03/03 07:02