{"id":29979,"date":"2025-01-16T01:12:18","date_gmt":"2025-01-16T01:12:18","guid":{"rendered":"https:\/\/peraltafinancing.com\/altcoin\/polygon-price-surges-to-august-highs-in-the-wake-of-whale-activity\/"},"modified":"2025-01-16T01:12:18","modified_gmt":"2025-01-16T01:12:18","slug":"polygon-price-surges-to-august-highs-in-the-wake-of-whale-activity","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=29979","title":{"rendered":"Polygon Price Surges to August Highs in the Wake of Whale Activity"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<p><a href=\"https:\/\/globalcoinreport.com\/tag\/polygon\/\" target=\"_blank\" rel=\"noopener\">Polygon price<\/a> has been on a strong bullish trajectory for the past few days on the back of increased whale activity and positive on-chain data. The native asset of the Polygon network has climbed by nearly 15% in the past week and is up by more than 7% in the month to date. Even so, the asset remains 22.76% lower in the year to date.<\/p>\n<h2>MATIC Price Rally<\/h2>\n<p>Polygon price has been hovering around its highest level since August following an increase in the asset\u2019s adoption and a jump in whale activity. MATIC\u2019s total market cap has increased by more than 4% over the last day to $5 billion, ranking the digital asset 12<sup>th<\/sup> after Toncoin. The total volume of MATIC traded over the same period has also edged higher by 34%.<\/p>\n<p>According to Santiment, the key catalyst behind Polygon\u2019s rally is the $20.7 million whale transfer recorded at the start of the month. The Polygon network recorded an unusually large holder activity spike when a whale transferred 37 million MATIC, marking the highest transfer on the network since July. According to Santiment, 37 million MATIC was transferred from a whale PoS to a three-year-old wallet. This move pumped some liquidity into the asset, pushing the Polygon price higher, while other cryptocurrencies sustained losses.<\/p>\n<p>On-chain data by <a href=\"https:\/\/app.intotheblock.com\/coin\/MATIC\" target=\"_blank\" rel=\"noopener\">IntoTheBlock<\/a> has also revealed a significant increase in whale activity in the Polygon network. At press time, concentration by large holders on the network was at 85%, while large transactions grew by more than $294 million in the past week. The platform defines transactions greater than $100K as large transactions.<\/p>\n<p>The increase in Polygon\u2019s adoption and utility, on the back of its scaling solutions and partnerships, has also played a major role in the asset\u2019s upward trajectory. The projects and platforms integrated with Polygon have prompted growth in its ecosystem, contributing to its rising demand, hence resulting in a positive impact on the MATIC price.<\/p>\n<h2>Polygon Price Analysis<\/h2>\n<p>The daily chart shows that the Polygon price has been on a strong upward trajectory, breaking above the crucial support level of $0.5455. At the time of writing, Polygon was trading 2.88% higher at $0.5833. The digital currency remains above and below the 50-day and 200-day exponential moving averages, respectively.\u00a0 Its Moving Average Convergence Divergence (MACD) indicator is giving a buy signal.<\/p>\n<p>As such, the Polygon price is likely to continue moving higher in the ensuing sessions as bulls eye the resistance level at $0.6355. A move past this level would prompt subsequent gains to the 200 EMA at $0.7270. On the flip side, a move below the immediate support at $0.5455 could push the price lower to find support at $0.5000.<\/p>\n<div id=\"attachment_15756\" style=\"width: 1028px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/globalcoinreport.com\/wp-content\/uploads\/2023\/10\/427-1.png\"><img decoding=\"async\" aria-describedby=\"caption-attachment-15756\" loading=\"lazy\" class=\"size-full wp-image-15756\" src=\"http:\/\/globalcoinreport.com\/wp-content\/uploads\/2023\/10\/427-1.png\" alt=\"\" width=\"1018\" height=\"457\" \/><\/a><\/p>\n<p id=\"caption-attachment-15756\" class=\"wp-caption-text\">MATIC Price Chart<\/p>\n<\/div>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/globalcoinreport.com\/polygon-price-surges-to-august-highs-in-the-wake-of-whale-activity\/\">Polygon Price Surges to August Highs in the Wake of Whale Activity<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/globalcoinreport.com\">Global Coin Report<\/a>.<\/p>\n\n","protected":false},"excerpt":{"rendered":"<p>Polygon price has been on a strong bullish trajectory for the past few days on the back of increased whale activity and positive on-chain data. The native asset of the Polygon network has climbed by nearly 15% in the past week and is up by more than 7% in the month to date. Even so, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":29980,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12030],"tags":[1070,5427,20261,20260,1924,13521,14098,5641],"dealstore":[],"offerexpiration":[],"class_list":["post-29979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-activity","tag-august","tag-highs","tag-polygon","tag-price","tag-surges","tag-wake","tag-whale"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Polygon Price Surges to August Highs in the Wake of Whale Activity - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=29979\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Polygon Price Surges to August Highs in the Wake of Whale Activity - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Polygon price has been on a strong bullish trajectory for the past few days on the back of increased whale activity and positive on-chain data. The native asset of the Polygon network has climbed by nearly 15% in the past week and is up by more than 7% in the month to date. Even so, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fivemor.com\/?p=29979\" \/>\n<meta property=\"og:site_name\" content=\"Som2ny Network\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-16T01:12:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/427-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1018\" \/>\n\t<meta property=\"og:image:height\" content=\"457\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/fivemor.com\/?p=29979#article\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/?p=29979\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\"},\"headline\":\"Polygon Price Surges to August Highs in the Wake of Whale Activity\",\"datePublished\":\"2025-01-16T01:12:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=29979\"},\"wordCount\":470,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=29979#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/427-1.png\",\"keywords\":[\"Activity\",\"August\",\"Highs\",\"Polygon\",\"PRICE\",\"Surges\",\"Wake\",\"whale\"],\"articleSection\":[\"Altcoin\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/fivemor.com\/?p=29979#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fivemor.com\/?p=29979\",\"url\":\"https:\/\/fivemor.com\/?p=29979\",\"name\":\"Polygon Price Surges to August Highs in the Wake of Whale Activity - Som2ny Network\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=29979#primaryimage\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=29979#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/427-1.png\",\"datePublished\":\"2025-01-16T01:12:18+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/fivemor.com\/?p=29979#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fivemor.com\/?p=29979\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/?p=29979#primaryimage\",\"url\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/427-1.png\",\"contentUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/427-1.png\",\"width\":1018,\"height\":457},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fivemor.com\/?p=29979#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fivemor.com\/?bp_activities=1\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Polygon Price Surges to August Highs in the Wake of Whale Activity\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fivemor.com\/#website\",\"url\":\"https:\/\/fivemor.com\/\",\"name\":\"Som2ny Network\",\"description\":\"Daily Deals\",\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fivemor.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/fivemor.com\/#organization\",\"name\":\"Som2ny Network\",\"url\":\"https:\/\/fivemor.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png\",\"contentUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png\",\"width\":300,\"height\":86,\"caption\":\"Som2ny Network\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png\",\"caption\":\"admin\"},\"sameAs\":[\"https:\/\/fivemor.com\"],\"url\":\"https:\/\/fivemor.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Polygon Price Surges to August Highs in the Wake of Whale Activity - Som2ny Network","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fivemor.com\/?p=29979","og_locale":"en_US","og_type":"article","og_title":"Polygon Price Surges to August Highs in the Wake of Whale Activity - Som2ny Network","og_description":"Polygon price has been on a strong bullish trajectory for the past few days on the back of increased whale activity and positive on-chain data. The native asset of the Polygon network has climbed by nearly 15% in the past week and is up by more than 7% in the month to date. Even so, [&hellip;]","og_url":"https:\/\/fivemor.com\/?p=29979","og_site_name":"Som2ny Network","article_published_time":"2025-01-16T01:12:18+00:00","og_image":[{"width":1018,"height":457,"url":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/427-1.png","type":"image\/png"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/fivemor.com\/?p=29979#article","isPartOf":{"@id":"https:\/\/fivemor.com\/?p=29979"},"author":{"name":"admin","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371"},"headline":"Polygon Price Surges to August Highs in the Wake of Whale Activity","datePublished":"2025-01-16T01:12:18+00:00","mainEntityOfPage":{"@id":"https:\/\/fivemor.com\/?p=29979"},"wordCount":470,"commentCount":0,"publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"image":{"@id":"https:\/\/fivemor.com\/?p=29979#primaryimage"},"thumbnailUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/427-1.png","keywords":["Activity","August","Highs","Polygon","PRICE","Surges","Wake","whale"],"articleSection":["Altcoin"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/fivemor.com\/?p=29979#respond"]}]},{"@type":"WebPage","@id":"https:\/\/fivemor.com\/?p=29979","url":"https:\/\/fivemor.com\/?p=29979","name":"Polygon Price Surges to August Highs in the Wake of Whale Activity - Som2ny Network","isPartOf":{"@id":"https:\/\/fivemor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/fivemor.com\/?p=29979#primaryimage"},"image":{"@id":"https:\/\/fivemor.com\/?p=29979#primaryimage"},"thumbnailUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/427-1.png","datePublished":"2025-01-16T01:12:18+00:00","breadcrumb":{"@id":"https:\/\/fivemor.com\/?p=29979#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fivemor.com\/?p=29979"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/?p=29979#primaryimage","url":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/427-1.png","contentUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/01\/427-1.png","width":1018,"height":457},{"@type":"BreadcrumbList","@id":"https:\/\/fivemor.com\/?p=29979#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fivemor.com\/?bp_activities=1"},{"@type":"ListItem","position":2,"name":"Polygon Price Surges to August Highs in the Wake of Whale Activity"}]},{"@type":"WebSite","@id":"https:\/\/fivemor.com\/#website","url":"https:\/\/fivemor.com\/","name":"Som2ny Network","description":"Daily Deals","publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fivemor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/fivemor.com\/#organization","name":"Som2ny Network","url":"https:\/\/fivemor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/#\/schema\/logo\/image\/","url":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png","contentUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png","width":300,"height":86,"caption":"Som2ny Network"},"image":{"@id":"https:\/\/fivemor.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png","caption":"admin"},"sameAs":["https:\/\/fivemor.com"],"url":"https:\/\/fivemor.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts\/29979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29979"}],"version-history":[{"count":0,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts\/29979\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/media\/29980"}],"wp:attachment":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29979"},{"taxonomy":"dealstore","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fdealstore&post=29979"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fofferexpiration&post=29979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}