Polygon's price has surged from $0.0995 on January 1 to $0.1270, driven by increased burn rates and transaction growth. The network's burn rate has accelerated, with 8.2 million POL tokens burned this year, compared to 11.8 million in the entire previous year. This increase in burn rate is accompanied by a 19% rise in transactions to 178 million, making Polygon the third-fastest growing blockchain. The number of active addresses on Polygon has also increased by 28% to 15.9 million, surpassing other layer-2 networks. The network's fees have risen by 80% to $1.63 million, contributing to its profitability. Additionally, Polygon's popularity in the payment industry has grown, with significant partnerships and a stablecoin supply reaching $3 billion. Technical indicators suggest further price increases, with bulls targeting a resistance level of $0.1953.