Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

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.
USDC-0.02%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)