- The project’s stablecoin supply has surged past $2.76 billion
- This metric has not reached this level since 2021
- A falling wedge pattern points to POL rallying toward $0.50
Digital tokens remained elevated on Monday as most assets preserved bullish structures following the recent rally.
Polygon—whose stability has been highlighted since the Heimdall v2 upgrade on July 10—returned to the spotlight over the weekend.
Polygon PoS saw stablecoin supply recover and exceed $2.76 billion, marking the first time the network has hit this level since the 2021 bull market, according to CEO Sandeep Nailwal.
We just surpassed all time stablecoin supply on @0xPolygon POS, crossed $2.76B first time since 2021
The acceleration is just beginning
We consistently
– Top 3 in bridged inflows
– Top 2 in NFT trading volume
– Top 3 in daily transactions
– 150b+ in stablecoin volumes
– Top 2… pic.twitter.com/i0Zy9bt5wv— Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) July 19, 2025
The broader bull run and recent US crypto bill approvals helped fuel this stablecoin growth.
Stablecoins received a meaningful boost after the signing of the GENIUS Act into law.
These assets play a key role in market stability by acting as on‑chain representations of off‑chain value, providing users with a liquid, familiar store of value and medium of exchange.
The influx of stablecoins into Polygon signals rising confidence in the network as users position for ecosystem growth, higher NFT trading activity, and increasing DeFi usage.
That momentum has renewed interest in the native POL token, which replaced MATIC in a recent rebranding.
POL has formed an upside reversal pattern after a prolonged downtrend since March.
Clearing resistance between $0.42 and $0.45 could push POL toward a key barrier at $0.50.
That move would imply a roughly 95% increase from the current market price of $0.2559.
Network activity confirms a shift in trend
Stronger fundamentals support Polygon’s bullish trajectory.
Over recent months the network has consistently ranked highly across several on‑chain metrics:
- Top 3 in bridged inflows
- Top 2 in NFT trading volume
- Top 3 in daily transactions
- 150B+ in cumulative stablecoin volumes
- Top 2 in daily active users on multiple days
These statistics reflect Polygon’s competitive position as a leading Ethereum scaling solution within the hot L2 landscape.
The impressive growth suggests Polygon remains an attractive option for traders, institutions, and developers.
With multiple verticals—NFTs, DeFi, gaming projects, and real-world assets (RWA)—gaining traction amid the ongoing bull market, Polygon could attract further stablecoin inflows.
POL price outlook: Is $1 next?
POL traded at $0.2559 after gaining more than 5% in the past 24 hours (CoinMarketCap).
Having rebounded from a June low of $0.1666 and with daily volume up roughly 60%, POL shows signs of further upside.
Technical indicators favor the bulls: a falling wedge has formed on the weekly chart.
This classic continuation/reversal pattern often precedes a decisive breakout once confirmed, flushing out cautious sellers and shorts before a sustained advance.
Given the broader market optimism, Polygon bulls will likely target the $0.50 resistance level—about a 95% rise from the current price of $0.2559.
Surpassing $0.50 could open a run toward $0.90 and eventually test the psychological $1 level.
Rising stablecoin supply on Polygon points to steady demand for on‑chain liquidity and supports the case for continued gains in POL as market conditions remain favorable and institutional appetite grows.