PolygonPOLUSD
Daily Market Briefing
Latest briefing
Polygon's cumulative stablecoin transaction volume surpasses $2.9 trillion
In the past 24 hours, Polygon's cumulative stablecoin transaction volume exceeded $2.9 trillion, marking a significant milestone in its adoption as a digital payment platform. This surge underscores the network's growing role in facilitating stablecoin transactions.
Previous briefings
Polygon's POL token drops 8.9% amid aggressive selling, breaching $0.1 support.
In the past 24 hours, Polygon's POL token experienced a significant decline of 8.9%, falling below the $0.1 support level due to intensified selling pressure. This downturn is attributed to increased market-wide bearish sentiment and heightened selling activity among investors.
Polygon's POL token rises 13% following new stablecoin framework announcement
Polygon's POL token experienced a 13% increase over 24 hours after the announcement of the Open Money Stack, a new stablecoin payment framework set to launch later this year. This development aims to enable instant and reliable cross-chain transfers, enhancing the network's appeal for decentralized finance (DeFi) applications.
Polygon's hard fork restores network stability after finality bug
Polygon's network experienced a temporary disruption due to a software bug affecting node finality, leading to transaction delays. The team implemented an emergency hard fork to resolve the issue, restoring full network stability.
Polygon (POL) drops 8.9% to $0.094, breaking key $0.10 support amid selling
In the past 24 hours, Polygon's POL token experienced a significant decline of 8.9%, falling to $0.094 and breaching the crucial $0.10 support level. This downturn is attributed to aggressive selling pressure, with trading volume increasing by 54.8% to $87.6 million, indicating heightened bearish sentiment. Derivatives data further supports this bearish outlook, showing outflows in perpetual and futures markets. Technical indicators like MACD and ADX DI confirm the downward momentum, with $0.082 identified as the next key support level.
Polygon's POL token drops 4% amid security disclosures and social media buzz
In the past 24 hours, Polygon's POL token experienced a 4% decline, primarily due to the public disclosure of security vulnerabilities and subsequent urgent node upgrade advisories. These developments were further amplified by social media discussions, contributing to increased market volatility.
Polygon's POL token drops 8.9% to $0.092, breaking $0.10 support amid increased selling.
In the past 24 hours, Polygon's POL token experienced a significant decline, falling 8.9% to an intraday low of $0.092 and breaking the $0.10 support level. This downturn was accompanied by a 54.8% increase in trading volume, indicating active distribution. Spot markets saw net inflows of approximately $849,000, suggesting that more POL tokens were moved onto exchanges than off, a pattern typically preceding further selling.
Polygon (POL) drops 9% amid technical issues and security disclosures
Over the past 24 hours, Polygon's native token, POL, experienced a 9% decline, trading between $0.1068 and $0.0970. This downturn is attributed to technical weaknesses and the disclosure of security vulnerabilities that had been patched prior to public announcement.
Polygon (POL) drops 12% to $0.105 amid intensified selling pressure
Over the past 24 hours, Polygon's POL token experienced a significant decline, falling approximately 12% to $0.105. This downturn is attributed to intensified selling pressure, with trading volume decreasing by 34% to $157 million. Additionally, open interest in derivatives dropped by 11.3% to $111 million, indicating reduced market activity and potential profit-taking by investors.
Polygon (POL) drops 12.3% to $0.108 amid intensified selling pressure
In the past 24 hours, Polygon (POL) experienced a significant decline of 12.3%, falling to $0.108. This downturn was primarily driven by intensified selling pressure, which led the price to break below the $0.11 support level and reach a low of $0.105. Trading volume also decreased by 34% to $157 million, indicating reduced market activity.
Polygon's POL token surges over 14%, bolstered by 690% exchange outflows
In the past 24 hours, Polygon's POL token experienced a significant price increase, surpassing 14%. This surge is attributed to a 690% rise in exchange outflows and over $20 million in bridged netflows, indicating strong investor confidence and increased network activity.
Polygon's POL token surges over 50% in a week, breaking key resistance levels.
Over the past week, Polygon's POL token has experienced a significant rally, climbing more than 50% and surpassing critical resistance points. This surge is driven by increased network activity, a proposed overhaul of staking mechanisms, and substantial capital inflows.
Polygon (POL) surges 12.59% on August 24, 2026, amid crypto market rally.
On August 24, 2026, Polygon's native token, POL, experienced a significant price increase of 12.59%, reaching a 30-day high. This surge was part of a broader cryptocurrency market rally, with POL's trading volume more than doubling the 30-day average, indicating heightened investor interest. Despite the gains, POL remains approximately 90% below its all-time high from 2024, suggesting potential for future growth.
Polygon's POL token surges 25% amid network activity boost and staking reform proposal
In the past 24 hours, Polygon's POL token experienced a 25% price increase, driven by heightened network activity and the advancement of a staking and tokenomics reform proposal. The network saw a significant rise in transactions and active addresses, indicating growing user engagement. Additionally, co-founder Sandeep Nailwal announced progress on a proposal to introduce native Layer 1-like staking on Polygon PoS, aiming to enhance staking yields and simplify implementation.
Polygon (POL) surges 26.33% amid broad crypto rally and technical breakout
Over the past 24 hours, Polygon (POL) experienced a significant price increase of 26.33%, reaching approximately $0.112. This surge aligns with a broader cryptocurrency market rally, particularly driven by Bitcoin's performance. The rally was further intensified by a short squeeze, with over $1.24 billion in short positions liquidated across the crypto market. Additionally, POL's breakout from a multi-week consolidation pattern and strong momentum indicators have attracted increased trader interest.
Polygon's POL token surges 6% to $0.078, breaking key resistance levels.
In the past 24 hours, Polygon's POL token has experienced a significant price increase, rising approximately 6% to reach $0.078. This surge is attributed to a notable uptick in trading volume, which has bolstered the token's bullish momentum. Technical indicators suggest that if the current trend continues, POL could target higher price levels in the near future.
Polygon (POL) declines 2.77% amid broad altcoin sell-off
Over the past 24 hours, Polygon (POL) experienced a 2.77% decline, aligning with a general altcoin sell-off driven by market-wide risk-off sentiment. This downturn was further influenced by negative netflows and bearish technical indicators specific to POL.
Polygon's POL token enters deflationary state with over 107 million burned
Polygon's network has achieved a deflationary status in 2026 by burning over 107 million POL tokens, surpassing the 105 million tokens minted during the same period. This reduction is primarily driven by the base fee mechanism, which burns a portion of transaction fees. Despite this positive development, the POL token's price has experienced a decline, trading around $0.06948, attributed to a prolonged technical downtrend since late 2024.
Polygon's POL token reaches record 743 million transactions in Q2 2026.
In Q2 2026, Polygon's network processed a record 743 million transactions, marking a 160% year-over-year increase. This surge is largely driven by the network's focus on stablecoin payments, positioning it as a leading infrastructure for low-cost, fast global transfers. Despite this growth, the POL token's price remains significantly below its all-time high.
Polygon's Ithaca upgrade set for mainnet launch on July 29, 2026
Polygon has announced the deployment of the Ithaca hard fork on its Amoy testnet, with plans to launch it on the mainnet at 2:00 p.m. UTC on July 29, 2026. The upgrade aims to enhance payment stability by introducing automatic failover mechanisms and transaction safeguards. Users should be aware that exchanges supporting the upgrade may temporarily suspend deposits and withdrawals during the transition.
Polygon's POL token drops 12% amid panic selling; signs of exhaustion emerge
Over the past 24 hours, Polygon's POL token experienced a significant 12% decline, contributing to a 25% loss year-to-date. This downturn appears driven by panic selling rather than fundamental issues within the network. Despite the recent sell-off, indicators suggest potential buying interest, with open interest data showing $48.54 million favoring a rebound and a positive funding rate of 0.0036%.
Polygon adds 107,000 holders in a month; payment volume surges 122%
In the past month, Polygon's (POL) holder count increased by 107,000, a 78% rise, reaching 245,000 wallets. This growth is driven by a 122% surge in monthly crypto card transaction volume, exceeding $30.5 million in July. Additionally, PayPal now supports issuing its PYUSD stablecoin on the Polygon network, enhancing its position in digital payments.
Polygon's native token, POL, enters deflationary state with over 107 million tokens burned
In 2026, Polygon's network achieved a deflationary status by burning over 107 million POL tokens, surpassing the 105.2 million tokens minted during the same period. This reduction is primarily driven by the base fee mechanism, which burns a portion of transaction fees. Founder Sandeep Nailwal highlighted the acceleration of this deflationary trend, emphasizing the network's growing role in handling high transaction volumes.
Polygon's POL token rises 3.2% following PayPal's PYUSD integration
In the past 24 hours, Polygon's POL token experienced a 3.2% increase, driven by the integration of PayPal's USD stablecoin (PYUSD) onto the Polygon network. This development enhances Polygon's position in the payments sector, potentially boosting transaction volumes and network adoption.
PayPal integrates PYUSD stablecoin into Polygon network for cross-border payments.
PayPal has expanded its PayPal USD (PYUSD) stablecoin to the Polygon network, aiming to enhance cross-border payment capabilities for businesses. This integration allows companies to accept, transfer, and convert PYUSD seamlessly, leveraging Polygon's existing infrastructure. The move is expected to bolster Polygon's position in the stablecoin transfer market, particularly in the Asia-Pacific region.
Polygon's POL token trading 30.65% above July 16 price prediction
Over the past 24 hours, Polygon's POL token has been trading 30.65% above the projected price for July 16, 2026. This indicates a positive short-term performance, though the market sentiment remains cautious.
PayPal's PYUSD Stablecoin Integrates Natively on Polygon Network
PayPal has integrated its regulated stablecoin, PYUSD, directly onto the Polygon network, enhancing its utility and accessibility. This move aims to position PYUSD as a competitive alternative to established stablecoins like USDT and USDC.
Polygon's POL token burns $7.38M, transitioning to net deflationary structure
In the first half of 2026, Polygon's network processed over $44.74 billion in peer-to-peer stablecoin transactions, with June alone accounting for a record $9.12 billion. This surge underscores Polygon's growing role in real-world payments. Additionally, the network has burned 107 million POL tokens, valued at $7.38 million, contributing to a net deflationary structure.
Mastercard selects Polygon (POL) for direct card transaction settlements
Mastercard has chosen Polygon (POL) to settle card transactions directly using regulated stablecoins, marking a significant integration of blockchain technology into traditional finance. This development positions Polygon at the forefront of fintech innovation, potentially increasing demand for POL tokens.
Polygon achieves net deflation with over 107 million POL tokens burned in 2026.
In the past 24 hours, Polygon's network has officially entered a deflationary state, with over 107 million POL tokens burned this year, surpassing the 105.2 million tokens minted. This milestone is attributed to the high transaction volume, with May alone processing 198 million transactions. Despite this positive development, the POL token's market price remains relatively low, trading at approximately $0.0738, down 1.01% over the past 24 hours.
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