I reviewed the data, and the daily trading volume surged to 6 million transactions, marking the highest peak since mid-December 2023. Not only has the trading volume increased, but the number of active wallet addresses has also risen to 1.4 million—this indicates that the number of real users is growing, and it's not just inflated numbers.
What's even more interesting is what users are doing: In the past month, USDC and Tether have had the most frequent contract interactions, indicating a strong demand for transfers and payments. Following closely are DeFi protocols like MakerDAO and Origin, which suggests that operations like lending and stablecoin minting are still essential needs.
From the data, the Polygon ecosystem is transitioning from "built by someone" to "used by someone." It remains to be seen how long this wave of activity can last.
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Polygon has recently gained on-chain popularity.
I reviewed the data, and the daily trading volume surged to 6 million transactions, marking the highest peak since mid-December 2023. Not only has the trading volume increased, but the number of active wallet addresses has also risen to 1.4 million—this indicates that the number of real users is growing, and it's not just inflated numbers.
What's even more interesting is what users are doing: In the past month, USDC and Tether have had the most frequent contract interactions, indicating a strong demand for transfers and payments. Following closely are DeFi protocols like MakerDAO and Origin, which suggests that operations like lending and stablecoin minting are still essential needs.
From the data, the Polygon ecosystem is transitioning from "built by someone" to "used by someone." It remains to be seen how long this wave of activity can last.