Is $POL a Buy Right Now? A Deep Dive into @0xPolygon PoS Metrics
I’ve been digging into the latest Polygon PoS data (via Blockworks Research), and here’s what the charts are really telling us about $POL: 👇
I’m sorry but no one, I mean no one, is bullish enough on @WilderWorld
The work the team has done, the belief the community has, the things that Z-Chain will accomplish (shoutout @gateway_eth)
I cannot overstate how excited I am and how honored we are that they are @Agglayer aligned
So much to come, higher with haste 🤘
Huge congrats to the Wilder World team for launching their FPS into early access. There’s $100K on the line with the first tournament live.
All running on Z Chain, connected to @Agglayer.
Every transaction on Polygon PoS runs on POL, the native gas and staking token.
Last year, the network's native token upgrade expanded its utility and laid the foundation for Polygon's aggregated, gigagas roadmap.
97.83% of the MATIC ➪ POL upgrade is complete
Stake big. Yap often.
New quest on @flipsidecrypto for yappers that stake POL.
We're rewarding community members actively pushing Polygon alpha x securing the Polygon Network. Boosted rewards live for two months.
Just reviewed the July stablecoin numbers on Polygon. The team's hard work is paying off:
Stablecoin supply grew by 14% month over month to $2.7B
Transfers up since June by 10.6% to 98M
P2P activity up by 12% ($1.2B)
Bridge volume up by 123% ($420M)
And non custodial wallets drove 97% of the volume last month.
Biggest providers are @Bitso ($70M), @RevolutApp ($48M) and @Blindpay_lab ($33M)
This is huge, Super Protocol, an AI Depin built on Polygon is going to power DeFAi of @CoinMarketCap using their confidential AI compute
They have been building diligently for quite some time, happy for them to get some CT attention
Some ecosystems focus on building apps, but @0xPolygon is engineering a self-sustaining economic engine.
⚙️Engine: The AggLayer, merging liquidity into a single, unified ocean of value.
⛽️ Fuel: $POL native restaking, delivering virtually limitless economic security.
⚡️ Spark: The Breakout Program, powering core protocols like @Katana_Finance.
The flywheel is in motion, and its quiet hum is rising into a roar. This is network effects in action, and the conviction is unmistakable, even here in Lagos.
Polygon $POL daily stats:
➢ 520M+ total wallets
➢ 313K new wallets in 24H
➢ 4M+ daily txns
➢ 88K contracts deployed in 24H
➢ $0.00 avg txn fee
➢ 41.7M $POL burned
➢ 56.2 TPS + only 114 pending txns
➢ Network utilization: 37.8%
Scaling like a beast, while still dirt cheap
If this isn't adoption, what is?
Sometimes the right choice feels wrong for years, but pays off in the long run.
In 2018, everyone was raising $15-20 million in the ICO boom. We even had a $3 million offer after winning a competition. The influencers literally said "the check is ready" let’s just shake hands.
I was sitting in our tiny Mumbai office, looking at my co-founders. We hadn't paid ourselves in months, and I was two months away from my upcoming wedding
But this gut feeling remained: if I take this money, there will always be a ceiling to what we can achieve. Easy money always comes with invisible chains.
Selling out and saying yes would be the easy option. So we said no.
Then the bear market hit, and crypto winter began. It got to a point where VCs wouldn't even take our calls. I remember one meeting in Singapore where the VC literally said "I have to catch an Uber" while I was trying to walk him through while pitching also. I caught a glimpse on his phone that the car was 8 minutes out.
My friends all thought I was insane for turning down the offer. "You had $3 million and you walked away?"
That choice forced us to build differently. We had to solve real problems because we couldn't afford to solve fake ones. Then in 2020 we raised USD 550mn at 8-9 FDV.
Monthly @0xPolygon DeFi Update:
Polygon’s DeFi ecosystem has been crushing it for yet another month, as it has been for years. In the last 30 days, this DeFi ecosystem has seen 4.7M transactions and 378.5K users, making a 5.6% increase in user growth this month.
As for the ecosystem, it is constantly brimming with a lot of different dApps outperforming on a daily basis as is covered in the “Protocol Spotlights” highlighted on this account. On the TVL side of things, here’s who stands among the top 10:
1- @QuickswapDEX ($432.68M)
2- @aave ($311.06M)
3- @Spiko_finance ($148.15M)
4- @Polymarket ($116.67M)
5- @MorphoLabs ($89.31M)
6- @Uniswap ($80.44M)
7- @gauntlet_xyz ($63.98M)
8- @0xfluid ($54.47M)
9- @BlackRock ($48.18M)
10- @tangibleDAO ($41.94M)
According to @Defillama, DEX volume in the past 24h is $166.88M with Perps volume being $4.56M. However, for the whole month of July, DEX volume was $4.7B with Perps volume at $57.44M, most of which is accredited to Uniswap, Quickswap, and Sushiswap.
Shoutout to Morpho for its performance and hard work in the past 30 days, all translating in the form of explosive growth and pumped up metrics, like:
-UAWs +112.9% (66)
-Transactions +445.26% (518)
- Volume +30.71% ($249.94M)
-Contracts Balance +5.34% ($62.35M)
It’s hard to try and recall the last time Polygon’s DeFi ecosystem wasn’t performing, straight up a near impossible task the way it’s just been thriving for close to 3 years straight. And with the way this technology is advancing and the way this ecosystem is shaping up, it seems like this growth will continue forever.
Data:https://t.co/OCYFVeOJDl
https://t.co/dNozDafA9J
https://t.co/FiJlYIT5Qy
GM CT
Took my time to explore a little bit on @0xPolygon.
And realized that @0xPolygon’s AggLayer is quietly revolutionizing Web3 interoperability.
It’s literally connecting PoS to zkEVM and beyond, like the internet for blockchains…
seamless and scalable.
With ~5s finality and 1000 TPS, this could be the key to Ethereum’s global adoption🚀
What’s your take on AggLayer’s potential?