Cosmos, Polygon, and BlockDAG Spark Bullish Sentiment in Crypto Markets

Crypto markets are showing signs of life this week, with Cosmos and Polygon leading the charge back into bullish territory.

The two established Layer 1 networks have posted steady weekly gains, with Cosmos' ATOM token up 8% and Polygon's POL token nearly 10%. This follows a long stretch of sideways trading for both assets, which are still trading at significant discounts to their all-time highs: ATOM is down 95.9%, while POL is down 91.3%.

In contrast, BlockDAG (BDAG) has activated Buyback MAXX Mode, a 72-hour-only event that offers buyers 34x the coins for the same spend compared to the standing entry price. The direct entry price has dropped sharply, while the USDT Buyback Price has been raised by 67%.