Bullish Metrics for Polygon, Is POL Making a Comeback?
The post Bullish Metrics for Polygon, Is POL Making a Comeback? appeared on BitcoinEthereumNews.com.
Key Notes Polygon hit a record 11.12 million P2P stablecoin addresses in H1 2025. The network led USDC active user growth in June. POL is trading near $0.182 with analysts eyeing a potential breakout toward $0.40. Polygon’s MATIC $0.18 24h volatility: 4.0% Market cap: $265.43 M Vol. 24h: $1.16 M stablecoin ecosystem has recently seen explosive growth. According to Polygon Foundation CEO Sandeep Nailwal, the network recorded over 11.12 million P2P stablecoin addresses in the first half of 2025. This figure is more than the combined totals of 2022 and 2024. Nailwal expects this momentum to continue in the next half of the year as global regulatory frameworks around stablecoins mature. We’re at 11M P2P stablecoin addresses on Polygon for H1 (more than all of 2022+2024 combined). Even larger growth expected in H2 🔥 pic.twitter.com/PLf0KMZbBz — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) July 3, 2025 Polygon also outperformed other networks in monthly USDC active user growth in June, as per the data by Token Terminal. This positions Polygon as a key player in stablecoin infrastructure, attracting more investor interest amid rising regulatory clarity. #Polygon leads in USDC monthly active user growth, per Token Terminal. pic.twitter.com/Xh3UpL9T95 — Christiaan (@ChristiaanDefi) June 29, 2025 Despite the strong on-chain metrics, POL (formerly MATIC), the native token of Polygon, is facing market headwinds. At the time of writing, POL is trading around $0.1823, down by 4.7% in the past 24 hours amid a broader crypto market pullback on Friday. Over the past year, POL has seen a decline in market interest as competition among L2 networks intensifies. It has 64% in value and shed $4 billion in market capitalization since December 2024. Notably, POL has been trading within a horizontal accumulation channel since March, suggesting a potential breakout. Analysts on X are setting a…
Filed under: News - @ July 4, 2025 12:29 pm