Bullish
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.
Key points
- Polygon's holder count increased by 107,000 in a month, a 78% rise to 245,000 wallets.
- Monthly crypto card transaction volume surged 122% to over $30.5 million in July.
- PayPal now supports issuing its PYUSD stablecoin on the Polygon network.
Sources
AI-generated from public news sources. Not financial advice.
