Polygon (POL) leads crypto gains with 16% overvoltage of the weekend while Coindesk 20 is negotiated flat

The native polygon token (POL)An Ethereum scaling network, LED gains throughout the weekend in the Cryptographic reference index of Broad Market .

POL has jumped 16% from the morning of Friday, exceeding $ 0.29 for the first time since early March, according to Coindesk data. Recently, he produced part of the moving advance below $ 0.28.

This decision occurred because the CD20 remained little changed with Bitcoin And Etherum ether (Eth) Publish only modest gains.

Coindesk 20 Performance August 29 – Sept. 1 (Coindesk indices)

Although there was no clear catalyst behind Pol overvoltage, some positive developments may have strengthened the performance of the token.

Polygon was one of the channels mentioned last week in the US government’s initiative to publish key economic data such as GDP on blockchain rails.

The network also announced integration last week with USDT0, a transverse stable -co -chain stable protocol, which could help stimulate the network position as a key liquidity center for Stablecoin flows.

On the technical front, the PT -break signals signal a bullish momentum, showed the Coindesk research model. Despite the consolidation compared to its recent peak, the purchase of pressure in the range from 0.277 to $ 0.278 could report continuous support to additional gains, said the model.

Read more: the American government is starting to push economic data on blockchains like “proof of concept”

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