Polygon's native token, POL, experienced a significant surge of 16% over the weekend, reaching $0.29 for the first time since March. This increase occurred while the broader cryptocurrency market, reflected by the CoinDesk 20 Index, remained relatively stable, with Bitcoin and Ethereum showing only modest gains. Factors contributing to POL's performance may include positive developments such as the U.S. government's blockchain initiative and a new integration with a Tether-focused protocol. Despite a slight decrease following its peak, technical models indicate strong bullish momentum for POL, with buying pressure emerging around the $0.277-$0.278 range, suggesting ongoing support for potential further gains.

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