Polygon’s native token is showing strong signs of momentum, backed by rising on-chain activity and favorable technical setups. Analysts now project a potential 45% price surge as the ecosystem continues to expand.
Ecosystem Growth Driving Optimism
Polygon’s NFT market is bouncing back. As of August 31, 2025, NFT sales volume climbed 14% to $18.9 million within a week, while the number of buyers soared 64% to 65,626. Much of this surge came from the Courtyard collection, which alone generated $17 million in sales—outperforming big names like CryptoPunks, DMarket, and Pudgy Penguins.
User activity also remains strong. Nansen reported that active wallets rose 10% week-over-week, reaching 2.4 million. This makes Polygon one of the few major blockchains still attracting new users. Meanwhile, DeFi Llama data revealed Polygon’s stablecoin supply hit an all-time high of $1.32 billion, accounting for over half of all non-USD stablecoins—a milestone that enhances its role in settlements and ecosystem utility.
Technical Momentum Signals Upside
Polygon recently flipped its 200-day exponential moving average (EMA) into support after clearing the $0.262 resistance level. It has since retested the $0.2796 neckline of a double-bottom formation. Technical indicators, including bullish MACD and RSI readings, strengthen the case for continued upside.
Fibonacci retracement levels suggest that bulls are targeting $0.385, which would represent a gain of roughly 45–46% from current prices. Key resistance remains between $0.267 and $0.287, a zone traders are closely monitoring.
Broader Context and Risks
Polygon’s fundamentals reinforce the bullish outlook. In Q1 2025, the network recorded over 410 million wallets, processed 8.4 million daily transactions, and expanded NFT minting capabilities through integrations with major platforms such as Instagram. NFT volume during the quarter reached $227 million, up 48% year-over-year, while total value locked (TVL) climbed to about $4.12 billion, supported by growing adoption of zkEVM, gaming, and staking.
However, risks remain. Analysts caution that potential spot sales, derivatives liquidations, and declining wallet activity—dropping to 2.2 million in August—could test key support levels around $0.226–$0.232. Broader market sentiment will also play a critical role in determining whether Polygon can sustain its rally.
Polygon has positioned itself as a leading blockchain ecosystem, combining strong NFT growth, rising wallet adoption, and expanding stablecoin dominance. With technical indicators pointing to higher prices, a move toward $0.38 appears likely. Still, traders should watch for resistance levels and market volatility that could temper gains.
