- The undertaking’s stablecoin provide has crossed $2.76 billion.
- The metric has hovered beneath this degree since 2021.
- A falling wedge sample suggests POL rallies to $0.50.
Digital tokens remained elevated on Monday as most property exhibited bullish buildings after the newest rallies.
Polygon, which has displayed stability since its Heimdall v2 improve on 10 July, is within the highlight once more.
The Polygon PoS noticed its stablecoin provide recovering previous $2.76 billion over the weekend, touching ranges not seen because the 2021 bull run (in line with CEO Sandeep Nailwal).
We simply surpassed all time stablecoin provide on @0xPolygon POS, crossed $2.76B first time since 2021
The acceleration is simply starting
We constantly
– Prime 3 in bridged inflows
– Prime 2 in NFT buying and selling quantity
– Prime 3 in every day transactions
– 150b+ in stablecoin volumes
– Prime 2… pic.twitter.com/i0Zy9bt5wv— Sandeep | CEO, Polygon Basis (※,※) (@sandeepnailwal) July 19, 2025
The prevailing bull run and the newest crypto bills’ approval in the United States gasoline this stablecoin development.
Stablecoins achieve traction after Donald Trump signed the GENIUS Act into legislation.
These property are important for the markets’ stability as they peg real-world property like fiat.
Elevated stablecoins coming into the Polygon community point out rising belief within the undertaking, with customers betting on potential upticks in ecosystem development, NFT buying and selling, and DeFi exercise.
Such developments have renewed curiosity in native POL, the new coin replacing MATIC.
The alt has shaped a bullish reversal sample after prolonged dips since March.
Overcoming the $0.42 – $0.45 resistance may propel POL towards the impediment at $0.50.
That may translate to a 95.38% enhance from the digital forex’s market value of $0.2559.
Community exercise confirms development shifts
Stronger fundamentals assist Polygon’s bullish trajectory.
It has topped charts in the previous couple of months, constantly ranked as:
- The highest three in bridged inflows
- The highest two in NFT buying and selling quantity
- The highest three in every day transactions
- 150b+ in stablecoin volumes
- The highest two in every day energetic customers on a number of days.
These stats replicate Polygon’s competitiveness within the sizzling Ethereum-scaling and L2 panorama.
The spectacular development means that Polygon stays an ideal alternative for merchants, establishments, and builders.
With many sectors, including NFTs, DeFi, gaming initiatives, and real-world property (RWA) heating up amid the materialising bull run, Polygon would possibly see additional stablecoin surges.
POL value outlook: Is $1 subsequent?
The alt trades at $0.2559 after gaining over 5% prior to now 24 hours (CoinMarketCap).
It has rallied from June lows of $0.1666, and the 60% surge in every day buying and selling quantity suggests additional features for POL.
Technical indicators again the bullish case. A textbook falling wedge is rising on the weekly charts.
This basic formation typically welcomes huge breakouts as soon as confirmed.
Falling wedge patterns entice sidelined cautious consumers and short-sellers earlier than sturdy features.
With the prevailing broad market optimism, Polygon bulls will goal the important thing resistance at $0.50, a 95% upswing from POL’s market value of $0.2559.
The hovering stablecoin provide hints at secure features for the digital forex.
Overcoming $0.50 may catalyse surges to $0.90 earlier than exploding towards the psychological mark at $1.
Cryptocurrencies seem ripe for prolonged features as bulls dominate amid shifting tendencies and elevated institutional urge for food.
