TL;DR Polygon and Pyse launch a model that tokenizes electric delivery motorcycles and monetizes their environmental and urban data on blockchain. The system rewards users with tokens based on the value of the data generated, which is later commercialized for logistics and insurance.
Polygon surprises the NFT market by surpassing Ethereum with a collection backed by physical assets. This performance marks a turning point in the industry, where the tokenization of real objects is increasingly attracting investors seeking tangible value and blockchain security.
With tokenized vehicles now live, Polygon and Pyse say India's EV market is ripe for blockchain-powered green infrastructure.
In recent months, the world of NFTs has witnessed a significant evolution. If in the past the focus was mainly on digital art, today the focus is shifting towards tangible assets, and at the forefront of this transformation is Polygon, which has recently surpassed Ethereum in terms of weekly sales. According to the data from CryptoSlam updated as of April 22, NFTs on Polygon generated 22.1 million dollars in weekly sales, recording an increase of 17.64% compared to the previous week. In comparison, Ethereum stopped at 21.8 million, while Mythos Chain and Bitcoin totaled 14.3 million and 14.1 million respectively. This jump led Polygon to hold 24% of the global NFT transaction volume, out of a weekly total of 92.9 million dollars.
Polygon NFTs have generated $22.1 m in weekly volume, passing Ethereum and Bitcoin and attracting nearly 59 % more buyers. Courtyard's tokenized Pokémon and baseball cards illustrate how insured vault custody and burn‑to‑redeem options have strengthened confidence in hybrid real‑world‑asset models. The post Polygon NFTs Overtake Ethereum with $22M Weekly Sales as Real World Asset Demand Surges appeared first on Cryptonews.
POL (POL) bulls continue to drive the token's short-term rally that began on April 18, pushing the price higher and achieving double-digit percentage growth on the weekly timeframe.
Ethereum lost its spot as the top NFT platform from the first time, to its layer 2 Polygon.
Polygon-based non-fungible tokens (NFTs) took the top spot in digital collectible sales after surging 20% in the last seven days. On April 22, NFT data tracker CryptoSlam showed that Polygon NFTs overtook Ethereum, reaching a $22.3 million volume in the past week.
Not all momentum in crypto is created equal. While price rallies often grab headlines, lasting value tends to stem from functionality rather than flash. Ondo (ONDO) is gaining traction in the real-world asset space with technical strength behind its price action.
Polygon's Ecosystem Token (POL) is rising in price after breaking above the 21-day SMA barrier.
Polygon's flagship DEX merges AI with DeFi to simplify complex tools and make them easily accessible.
Total value locked (TVL) is a widely used metric to track the popularity, adoption, and overall health of decentralized finance (DeFi) projects. However, is it the most accurate reflection of a chain's true value?
As Polygon lays the groundwork for mainstream Web3 adoption in India by bringing blockchain access to over 450 million Reliance Jio users, it remains focused on balancing speed, scalability and affordability, without compromising on decentralization.Polygon is working with Jio, a telecom giant owned by India's richest man, Mukesh Ambani, to find ways to infuse blockchain technology into its existing services. The duo is currently adding blockchain-based capabilities to the JioSphere web browser, which would have been expensive, cumbersome and time-consuming via traditional methods.
Polygon's Ecosystem Token (POL) has halted its decline above the $0.15 support.
Marc Boiron, CEO of Polygon Labs, speaks with a practiced clarity that reflects his background as a lawyer. Over the course of our conversation, he outlines Polygon's strategy to position itself as the connective tissue in an increasingly crowded blockchain ecosystem.
Ondo Finance (ONDO) is showing renewed strength, up more than 4% in the last 24 hours, with trading volume jumping nearly 13% following the collapse of MANTRA's OM token. This shift in capital appears to be favoring other RWA-focused projects like ONDO, which is now gaining momentum across several technical indicators.
Made in USA coins are gaining momentum this week, with Solana (SOL), Ondo Finance (ONDO), and Story Protocol (IP) standing out as top contenders. Solana leads the charge with a 30% rebound and renewed institutional interest.
In the wake of the Mantra scandal, Quinn Thompson, the founder and Chief Investment Officer of Lekker Capital, has once again raised red flags about another RWA project Ondo Finance.
Mantra (OM) collapsed a whopping 90% in the past 24 hours as doubts of a rug pull flooded the crypto market.
Bitcoin (BTC) made a brilliant comeback this week, rising more than 7%, indicating solid buying at lower levels. BitMEX co-founder Arthur Hayes said in a post on X that the US bond market crisis could be setting the stage for more policy response, and that could result in an “up only mode” for Bitcoin.Blockchain and intelligence platform Glassnode said in a post on X that Bitcoin had built solid support at $79,000, with roughly 40,000 Bitcoin accumulated there.
Despite lingering market uncertainty fueled by Donald Trump's escalating trade war, the cryptocurrency market showed signs of recovery this week.
Trump's tariffs kept the markets on edge throughout the week causing havoc in global stocks. At the start of the week, stocks and crypto saw a sharp drop as new tariffs were looming. But as soon as Trump announced a 90-day pause on the tariffs on all countries except China, the markets swiftly rebounded.
With the growing competition in the blockchain ecosystem, Shiba Inu's Layer-2 blockchain, Shibarium, is struggling to keep up with its competitors as its daily trading volume plunges to only $21,000, far behind rivals like Polygon and Base. This raises concerns for Shiba Inu investors as traders seem to be shifting their focus elsewhere.
There are a couple of interesting news items regarding the trend of the price of the crypto SUI and ONDO. The crypto market is going through a difficult time, especially regarding altcoins, but in the general turmoil, there are some good news here and there, even if they are few and only good up to a certain point.
Most altcoins jumped on Thursday as the recent fear among market participants ended after the Liberation Day tariff's pause. These cryptocurrencies may continue doing well this year as Wall Street titans like Blackrock move deeper into the industry.
Altcoins are showing fresh signs of life following Trump's 90-day tariff pause, and three names in particular—XRP, HYPE, and ONDO—are catching investor attention.
Polygon's Ecosystem Token (POL) has started to experience additional selling pressure after failing to hold above the $0.20 support level.
Aavegotchi, a project that combines non-fungible tokens (NFTs) and Web3 gaming, has chosen to stop using Polygon MATIC and move to Base, an Ethereum ETH Layer-2 network.
Ondo (ONDO), Parcl (PRCL), Mantra (OM), OriginTrail (TRAC), and Clearpool (CPOOL) are five RWA altcoins worth keeping an eye on in April 2025.
Aavegotchi, a non-fungible token (NFT) protocol focused on Web3 gaming, has opted to abandon blockchain network Polygon and “go all-in” on Base, an Ethereum layer-2 scaling chain, according to the results of an onchain vote. On April 8, Aavegotchi's community members voted 93.5% in favor of a proposal to “Make Aavegotchi Based Again” by deprecating the protocol's smart contracts on Polygon and re-deploying on Base, according to Aavegochti's governance page.
The move follows sharp drops in user activity and total value locked on Polygon as Base's usage climbs
TL;DR The Aavegotchi community approved, with over 95% support, the migration from Polygon to Base and the deactivation of the Geist contract. All game assets will be duplicated on Base, while contracts on Polygon will be locked to prevent changes or transfers.
The Aavegotchi community has voted to migrate from its existing deployment on Polygon to Base and sunset its Geist Layer 3.
After a sharp correction, RWA tokens are finally hitting critical support zones—making April 2025 a potential turning point. What are RWA tokens, why they matter, and which top 5 RWA tokens investors are eyeing right now.
Crypto whales play a big role in shaping market trends, and their movements often hint at what's coming next. When these major players start selling or reducing their holdings, it often hints at changing market trends. Lately, whales have been offloading Uniswap (UNI), Chainlink (LINK), and Ondo Finance (ONDO), raising concerns about possible price drops.
Crypto whales have begun to quietly shift their altcoin positions following Trump's Liberation Day tariffs. Uniswap (UNI), Chainlink (LINK), and Ondo Finance (ONDO) have all seen declines in the number of wallets holding between 10,000 and 100,000 tokens.
Polygon's Ecosystem Token (POL) is stabilizing above the $0.19 low after breaking above the previous low of $0.29.
The crypto market indicates improving conditions at the start of April following its recent swings in price volatility. At present, Ethereum price hovers at a $1,860 value, but its competing digital currencies are drawing increasing attention from investors.
The traditional four-year crypto market cycle, once closely tied to Bitcoin halving events, is no longer as predictable as it once was.
The halving, once the war drum of the bull market, has fallen silent. In the silence, Bitcoin seeks a new rhythm in a crypto market that dances differently.
The four-year crypto market cycle that traders and investors have become accustomed to is no longer as pronounced due to the maturation of crypto as an asset class and the participation of institutional investors, according to Polygon co-founder Sandeep Nailwal.During a recent episode of Cointelegraph's Chain Reaction, Nailwal said that Overall speculative activity is down due to high interest rates in the United States and low-liquidity conditions, but will rebound once rates are cut and the Trump administration settles into its new role. Although interest rates on 10-year Treasury bonds have come down significantly, rates still remain relatively high.
The strong gains in the past two and a half days meant that POL had a bullish structure on the 4-hour timeframe.
Polygon price has crawled back in the past few days as the number of active addresses on the chain rises. Polygon (POL) rose to an intraday high of $0.
Sui (SUI) was also a top performer, gaining 6% from Tuesday.
The price of Polygon's Ecosystem Token (POL) rises again after retesting $0.190. It now rises to $0.29, the altcoin's lowest price.
Real-world asset (RWA) tokenization platform DigitShares is bringing tokenized real estate trading to Polygon with the launch of RealEstate.Exchange, also known as REX.According to a March 25 announcement, REX is designed to offer retail investors a compliant venue for fractional property investments in a secondary market, potentially addressing the industry's existing liquidity constraints. As Cointelegraph explained, secondary RWA trading platforms provide liquid off-ramps for investors looking to cash out of their holdings.
This week has seen a resurgence in trading activity in the crypto market. It is reflected by the spike in global crypto market capitalization, which has grown by $101 billion in the past seven days.
According to the decentralized total value locked (TVL) aggregator DefiLlama, the total Real World Tokenization (RWA) market has reached $10.2 billion in assets locked. Among the best-performing platforms are Maker's RWA, BlackRock BUIDL, Ethena USDtb, and Ondo Finance, which have clocked a total TVL of over $4 billion.