Polygon has led all assets in network growth over the past 30 days, showing an impressive 1,019% increase in new addresses.
Polygon’s transaction count stands at 2.61 million, with a trading volume of $80 million in the last 24 hours.recently transitioned from MATIC, with the upgrade process running smoothly, converting MATIC tokens to POL in a 1:1 ratio. This ensured that investors retained their portfolio value without any losses.
This surge was followed by Wrapped Ethereum on Polygon with 263% growth, LayerZero on Optimism with 254%, LayerZero on Arbitrum with 219%, and USD Coin on Polygon with 171%.These statistics highlight that Polygon not only dominates on its own network but also in cross-chain performance. Historically, rising network growth is an indicator of increased utility, which boosts the long-term market cap potential for projects.Polygon’s transaction count has surged since the ecosystem upgrade.
This index became extremely bearish on altcoins in July but is now turning higher in line with global liquidity. Historically, such shifts have been followed by periods of strong performance in the crypto market.Given the rapid growth in the Polygon ecosystem and its strengthening market position, it is poised to be a solid investment for long-term gains.When assessing the “in/out of the money” metric, data reveals the largest number of profitable addresses. Approximately 7.
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