How Do On-Chain Metrics Reveal PENGU's Recent Price Surge?

Active addresses surge by 24% as PENGU price rallies

PENGU, the official token of Pudgy Penguins, has experienced a significant surge in both price and network activity. The number of active addresses on the PENGU network increased by 24% during the recent price rally, indicating growing interest and engagement from users. This increase in active addresses coincides with a notable rise in PENGU's price, which jumped from $0.022078 on October 16, 2025, to $0.021379 on October 25, 2025, representing a 3.2% gain over the period.

The correlation between active addresses and price movement is evident in the following data:

This surge in activity can be attributed to several factors. Firstly, the positive earnings reports from Pudgy Penguins have bolstered investor confidence. Secondly, the increased sales of Pudgy Penguins NFTs have driven more users to interact with the PENGU token. The NFT sales volume rose by 140% in a 24-hour period, further fueling the ecosystem's growth.

The rise in active addresses suggests that more users are engaging with the PENGU network, either through transactions, staking, or other on-chain activities. This increased participation often correlates with a healthier and more robust network, potentially leading to long-term value appreciation for the token.

Whale accumulation drives 37% increase in large transactions

The PENGU token has experienced a significant surge in whale activity, leading to a 37% increase in large transactions. This surge is particularly noteworthy when compared to the overall market trends:

The substantial rise in whale accumulation has had a ripple effect on the token's performance. PENGU's price skyrocketed by 90%, far outpacing the market average of 15%. This price movement coincides with a remarkable increase in trading volume, reaching $1.03 billion on a single exchange during Q3 2025. Such figures underscore the growing interest from institutional investors and high-net-worth individuals in the PENGU ecosystem.

The impact of whale accumulation extends beyond mere price action. Analysts are now projecting a further 40% rally, potentially pushing PENGU's price to $0.044. This forecast is based on the continued influx of large-scale investors and the technical strength observed in recent market data. The significant increase in whale holdings, up 13% over the past quarter, provides strong evidence for this bullish outlook. As institutional interest grows, PENGU's market position may continue to strengthen, potentially reshaping its role in the broader cryptocurrency landscape.

On-chain fees hit 3-month high, indicating growing network activity

Recent data reveals a significant uptick in PENGU on-chain activity, with fees reaching a 3-month high. This surge indicates growing network usage and increased investor interest in the Pudgy Penguins ecosystem. The rise in on-chain fees correlates with PENGU's price movements, as illustrated in the following table:

Despite the recent price decline, the increased on-chain activity suggests a potential bullish sentiment emerging among PENGU holders. Analysts point to several factors contributing to this trend, including the expansion of Pudgy Penguins' brand partnerships and the growing popularity of their NFT collections. The project's integration into mainstream culture, evidenced by appearances in ETF commercials and collaborations with large companies, has likely fueled this on-chain momentum. As network activity continues to rise, some experts predict PENGU could reach the $0.039-$0.040 range in Q4 2025, representing a significant upside from current levels.

FAQ

Can pengu coin reach $1?

While ambitious, PENGU reaching $1 is challenging. It would require a $63 billion market cap, given its 88.88 billion supply. Currently, it's far from this target, but future growth could drive significant price increases.

Is pengu a good coin to buy?

PENGU shows promise as a Web3 project-backed coin. With its strong foundation, it could be a good investment opportunity in the current market.

What is pengu coin?

PENGU is a meme coin launched by Pudgy Penguins creators on Solana. With 88,888,888,888 tokens, it aims to expand to Ethereum and other ecosystems, potentially powering the Pudgy Penguins ecosystem.

How much is a Pengu coin worth?

As of October 2025, a Pengu coin is worth BTC 0.062018. The price has seen a 10.10% decline in the past week, with a circulating supply of 63 billion PENGU.