{"id":9346,"date":"2025-08-31T10:38:03","date_gmt":"2025-08-31T10:38:03","guid":{"rendered":"https:\/\/bitunikey.com\/news\/polygon-price-to-surge-45-as-nft-sales-addresses-stablecoins-jump\/"},"modified":"2025-08-31T10:38:10","modified_gmt":"2025-08-31T10:38:10","slug":"polygon-price-to-surge-45-as-nft-sales-addresses-stablecoins-jump","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/polygon-price-to-surge-45-as-nft-sales-addresses-stablecoins-jump\/","title":{"rendered":"Polygon price to surge 45% as NFT sales, addresses, stablecoins jump"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Polygon price flipped a crucial resistance level as non-fungible token sales, stablecoin supply, and active addresses in the network jumped.\u00a0<\/p>\n<div id=\"cn-block-summary-block_b2109ea4610c390864c72ce72fcf8bd2\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Polygon price rose as third-party data showed its ecosystem was growing.<\/li>\n<li>NFT sales and buyers in its network jumped by double digits in the last 7 days.<\/li>\n<li>The stablecoin supply in the Polygon ecosystem jumped to a record high.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Polygon (POL) jumped to a high of $0.2796, its highest level since March 3, and 80% above its lowest point this year.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Polygon active addresses and NFT sales rebound<\/h2>\n<p>Third-party data shows that the Polygon ecosystem network is making some improvements. According to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.cryptoslam.io\/blockchains\/polygon\" target=\"_blank\">CryptoSlam<\/a>, NFT sales in its network jumped by 14% in the last seven days to $18.9 million as buyers soared 64% to 65,626.<\/p>\n<p>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 \u2014 CryptoPunks, DMarket, and Pudgy Penguin, combined.\u00a0<\/p>\n<p>NFT sales in other chains like Ethereum (ETH), Bitcoin (BTC), and BNB Chain dropped by 13%, 6.7%, and 54%, respectively.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>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.<\/p>\n<p>Polygon price also rose after the US government moved some of its data to it and other chains. In its <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.commerce.gov\/news\/press-releases\/2025\/08\/department-commerce-posts-2nd-quarter-gross-domestic-product-blockchain\" target=\"_blank\">statement<\/a>, the Commerce Department said that publishing the numbers on-chain helped to demonstrate the wide utility of blockchain technology.\u00a0<\/p>\n<p>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.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Polygon supplies more than half of all non-USD stablecoins, with a lifetime FX transfer volume of $3.2B+<\/p>\n<p>A strong indicator onchain payments are finding real product\u2013market fit in developing economies, at global scale. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/ZKIkUSOKfA\">pic.twitter.com\/ZKIkUSOKfA<\/a><\/p>\n<p>\u2014 Polygon (@0xPolygon) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/0xPolygon\/status\/1961478100388327462?ref_src=twsrc%5Etfw\" target=\"_blank\">August 29, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<h2 class=\"wp-block-heading\">Polygon price technical analysis<\/h2>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">POL price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>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.\u00a0<\/p>\n<p>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.\u00a0<\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Polygon price flipped a crucial resistance level as non-fungible token sales, stablecoin supply, and active addresses in the network jumped.\u00a0 Summary Polygon price rose as third-party data showed its ecosystem&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3757,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/9346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=9346"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/9346\/revisions"}],"predecessor-version":[{"id":9347,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/9346\/revisions\/9347"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/3757"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=9346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=9346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=9346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}