POL eyes 95% surge as Polygon’s stablecoin supply hits 3-year highs
The post POL eyes 95% surge as Polygon’s stablecoin supply hits 3-year highs appeared on BitcoinEthereumNews.com. The project’s stablecoin supply has crossed $2.76 billion. The metric has hovered beneath this level since 2021. A falling wedge pattern suggests POL rallies to $0.50. Digital tokens remained elevated on Monday as most assets exhibited bullish structures after the latest rallies. Polygon, which has displayed stability since its Heimdall v2 upgrade on 10 July, is in the spotlight again. The Polygon PoS saw its stablecoin supply recovering past $2.76 billion over the weekend, touching levels not seen since the 2021 bull run (according to CEO Sandeep Nailwal). We just surpassed all time stablecoin supply on @0xPolygon POS, crossed $2.76B first time since 2021 The acceleration is just beginning We consistently – Top 3 in bridged inflows– Top 2 in NFT trading volume– Top 3 in daily transactions– 150b+ in stablecoin volumes– Top 2… pic.twitter.com/i0Zy9bt5wv — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) July 19, 2025 The prevailing bull run and the latest crypto bills’ approval in the United States fuel this stablecoin growth. Stablecoins gain traction after Donald Trump signed the GENIUS Act into law. These assets are vital for the markets’ stability as they peg real-world assets like fiat. Increased stablecoins entering the Polygon network indicate growing trust in the project, with users betting on potential upticks in ecosystem growth, NFT trading, and DeFi activity. Such developments have renewed interest in native POL, the new coin replacing MATIC. The alt has formed a bullish reversal pattern after extended dips since March. Overcoming the $0.42 – $0.45 resistance could propel POL toward the obstacle at $0.50. That would translate to a 95.38% increase from the digital currency’s market price of $0.2559. Network activity confirms trend shifts Stronger fundamentals support Polygon’s bullish trajectory. It has topped charts in the last few months, consistently ranked as: The top three in bridged…
The post POL eyes 95% surge as Polygon’s stablecoin supply hits 3-year highs appeared on BitcoinEthereumNews.com.
The project’s stablecoin supply has crossed $2.76 billion. The metric has hovered beneath this level since 2021. A falling wedge pattern suggests POL rallies to $0.50. Digital tokens remained elevated on Monday as most assets exhibited bullish structures after the latest rallies. Polygon, which has displayed stability since its Heimdall v2 upgrade on 10 July, is in the spotlight again. The Polygon PoS saw its stablecoin supply recovering past $2.76 billion over the weekend, touching levels not seen since the 2021 bull run (according to CEO Sandeep Nailwal). We just surpassed all time stablecoin supply on @0xPolygon POS, crossed $2.76B first time since 2021 The acceleration is just beginning We consistently – Top 3 in bridged inflows– Top 2 in NFT trading volume– Top 3 in daily transactions– 150b+ in stablecoin volumes– Top 2… pic.twitter.com/i0Zy9bt5wv — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) July 19, 2025 The prevailing bull run and the latest crypto bills’ approval in the United States fuel this stablecoin growth. Stablecoins gain traction after Donald Trump signed the GENIUS Act into law. These assets are vital for the markets’ stability as they peg real-world assets like fiat. Increased stablecoins entering the Polygon network indicate growing trust in the project, with users betting on potential upticks in ecosystem growth, NFT trading, and DeFi activity. Such developments have renewed interest in native POL, the new coin replacing MATIC. The alt has formed a bullish reversal pattern after extended dips since March. Overcoming the $0.42 – $0.45 resistance could propel POL toward the obstacle at $0.50. That would translate to a 95.38% increase from the digital currency’s market price of $0.2559. Network activity confirms trend shifts Stronger fundamentals support Polygon’s bullish trajectory. It has topped charts in the last few months, consistently ranked as: The top three in bridged…
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