Crypto market’s weekly winners and losers – POL, JASMY, NIGHT, ZEC

The new year started with a bang, but the excitement didn’t last long.

After a strong first week, the crypto market has fallen back into its all-too-familiar cycle of ups and downs. Bitcoin [BTC] and Ethereum [ETH] both made negligible moves, with weekly losses of 0.95% and 1.60%.

So how did the rest of the market hold up?

Weekly winners

Polygon [POL] –  Usage numbers skyrocket

What makes POL’s rally stand out is that the network didn’t flinch while the price took off. Daily active addresses held steady through early January, with transactions climbing in step with other major EVM chains.

crypto

Source: TradingView

Polygon [POL] pushed nearly 50% higher in a short span, breaking out cleanly with expanding volume. RSI was overbought,…

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