Polygon, an Ethereum side chain and layer two scaling solution, has experienced substantial uptake by enterprises and industries in the last year. Consequently, numerous analysts eagerly anticipate ...
Polygon trades at $0.239, holding above key support after weeks of weakness below the $0.25 mark. Net inflows of $484,800 on Oct. 2 signal tentative accumulation but remain modest versus prior surges.
Polygon daily transactions are back to a one-year high, returning to the baseline levels during the 2021 bull market. Polygon reached record levels in late 2024, due to the popularity of Polymarket.
Through both its POS and zkEVM blockchains, Polygon has exhibited declining usage measured by monthly DAAs and TVL. Since the end of the US Election, roughly $500 million in stablecoin supply has left ...