Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Bullish Metrics for Polygon, Is POL Making a Comeback?

Bullish Metrics for Polygon, Is POL Making a Comeback?

2025/07/03 16:00
By:

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: 3.4% Market cap: $263.06 M Vol. 24h: $1.06 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 price target of $0.40 in the coming months.

$POL has a potential 100% gain from the current price. Right now it is trading inside a horizontal channel which signals accumulation. Expect a strong breakout soon. pic.twitter.com/PDw48BCHSI

— Band For Bands (@BFB) June 30, 2025

POL Price to $0.28?

On the daily POL price chart, the RSI stands above 44, indicating neutral to mild bearish momentum but room for upside if momentum returns.

Bullish Metrics for Polygon, Is POL Making a Comeback? image 0

POL price chart with RSI and Bollinger Bands | Source: Trading View

Meanwhile, the price is consolidating below the mid band (20-day SMA) around $0.1837, which is acting as a resistance. A sustained close above this level could lead POL to $0.20.

The MACD remains below zero but shows signs of convergence. Traders should aim for $0.24–$0.28 resistance in case of a bullish scenario. However, if the market weakens, POL could see a drop to $0.155.

Bullish Metrics for Polygon, Is POL Making a Comeback? image 1

POL price chart with MACD | Source: Trading View

Subbd: Redefining Content Subscriptions with AI

As POL navigates rising L2 competition, Subbd is quietly carving its niche in the content subscription landscape. Subbd aims to reshape the $85 billion creator economy with an AI-powered, tokenized platform crafted to empower creators while enriching fan experiences.

Subbd enables creators to automate content delivery seamlessly, while supporters gain access to interactive and exclusive offerings, fostering deeper community connections.

At the core of Subbd’s platform is its Ethereum-based native token, SUBBD , which unlocks premium features, staking incentives, and AI-integrated utilities across the ecosystem.

Token holders can stake SUBBD to access exclusive perks, including private livestreams, behind-the-scenes content drops, and gated community events designed to engage loyal supporters.

Subbd presents a good opportunity for investors seeking to act early before the next wave of AI-driven innovation.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Anthropic's Core Concern: Revenue Can Be Withdrawn at Any Time, but Computing Power Costs Are Locked in for up to 20 Years

Zheshang Securities believes that Anthropic's revenue is mainly based on usage-based billing, with remaining performance obligations covering only about 5.1 months of annualized revenue, while compute power costs are already locked in with $895.4 billion in irrevocable commitments, some extending as far as 2045. Revenues can be reduced at any time, but costs are non-exitable, creating a highly asymmetric maturity gap between the two—this is the company's real core constraint.

华尔街见闻•2026/11/11 04:46
Anthropic's Core Concern: Revenue Can Be Withdrawn at Any Time, but Computing Power Costs Are Locked in for up to 20 Years

Triple Pressure from the Federal Reserve, Treasury, and Congress; Goldman Sachs: Liquidity Crisis May Occur in 2027

Goldman Sachs warns that the reserve ratio of bank assets has dropped to around 11%, only slightly above the crisis trough of 2019. In the second half of 2027, a deadlock in debt ceiling negotiations will force the Treasury to rebuild the TGA, triggering a "perfect storm" of a sharp drop in reserves and a surge in T-bill supply; combined with stalled money market fund buying, this will create a huge liquidity black hole. The Federal Reserve could be forced into the awkward position of lowering interest rates and launching large-scale bond purchases to rescue the market.

华尔街见闻•2026/11/11 04:12
Triple Pressure from the Federal Reserve, Treasury, and Congress; Goldman Sachs: Liquidity Crisis May Occur in 2027

U.S. Stock IPO Preview | From Losses to Net Profit of 5.46 Million: The "Three-Dimensional" Platform Business Strategy with a Taste for Golf

Crossing the break-even line, the growth inflection point has arrived.

智通财经•2026/11/11 03:22