I checked the data, and the daily trading volume surged to 6 million transactions, which is the highest peak since mid-December 2023. Not only are there many transactions, but the number of active wallet addresses has also risen to 1.4 million—this means that there are more real users, not just volume inflation.
What's even more interesting is what users are doing: over the past month, the contracts for USDC and Tether, the two stablecoins, have been interacted with most frequently, indicating a strong demand for transfers and payments. Following closely are DeFi protocols like MakerDAO and Origin, which shows that operations such as lending and stablecoin minting are still essential.
From the data, the Polygon ecosystem is transitioning from "built by someone" to "used by someone". We need to continue observing how long this wave of activity can last.
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MoonRocketman
· 5h ago
6 million trades volume has broken through the atmosphere, and the RSI momentum is still in the accumulation phase. This launch window really isn't at the right time.
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AirdropHunter
· 5h ago
Is this wave of Polygon reliable, or is it going to play people for suckers again?
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notSatoshi1971
· 5h ago
The small flame has risen again, but who knows how long it will last.
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DegenGambler
· 5h ago
6 million transactions, 1.4 million active wallets... Polygon has really come back to life this time, it's not just a false alarm.
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HashBrownies
· 5h ago
6 million transactions, really? Polygon has risen this time, but we still need to see how long it can last. The high interaction of stablecoins indicates that money is being transferred, which is the real demand.
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APY_Chaser
· 5h ago
Polygon's rise is real, but to be honest, how much of the 6 million transactions is inflated?
Polygon has recently gained popularity on-chain.
I checked the data, and the daily trading volume surged to 6 million transactions, which is the highest peak since mid-December 2023. Not only are there many transactions, but the number of active wallet addresses has also risen to 1.4 million—this means that there are more real users, not just volume inflation.
What's even more interesting is what users are doing: over the past month, the contracts for USDC and Tether, the two stablecoins, have been interacted with most frequently, indicating a strong demand for transfers and payments. Following closely are DeFi protocols like MakerDAO and Origin, which shows that operations such as lending and stablecoin minting are still essential.
From the data, the Polygon ecosystem is transitioning from "built by someone" to "used by someone". We need to continue observing how long this wave of activity can last.