- The project’s stablecoin supply has exceeded $2.76 billion.
- This metric has not been at this level since 2021.
- A falling wedge pattern suggests POL could rise to $0.50.
Digital tokens remained elevated on Monday as most assets showed bullish structures following recent rallies.
Polygon, which has shown stability since the Heimdall v2 upgrade on July 10, is once again in the spotlight.
Polygon PoS reported that its stablecoin supply recovered over $2.76 billion on the weekend—levels not seen since the 2021 bull run (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 prevailing bull market and recent approval of crypto legislation in the United States have supported this stablecoin growth.
Stablecoins have strengthened after the signing of the GENIUS Act by Donald Trump.
These assets are important for market stability because they are pegged to real-world assets such as fiat currency.
The increased flow of stablecoins onto the Polygon network indicates growing confidence in the project, with users betting on ecosystem growth, NFT trading, and DeFi activity.
This development has renewed interest in the native token POL, the new coin replacing MATIC.
The altcoin has formed a bullish reversal after an extended decline since March.
Clearing resistance in the $0.42–$0.45 range could push POL toward the $0.50 barrier.
That would represent a 95.38% increase from the current market price of $0.2559.
Network activity confirms trend shifts
Stronger fundamentals are underpinning Polygon’s bullish trajectory.
In recent months the network has ranked consistently across key metrics, including:
- Top three in bridged inflows
- Top two in NFT trading volume
- Top three in daily transactions
- Over $150 billion in stablecoin volumes
- Top two in daily active users on several days
These statistics reflect Polygon’s competitiveness in the heated Ethereum scaling and Layer 2 landscape.
The impressive growth suggests Polygon remains an attractive choice for traders, institutions, and developers.
As sectors including NFTs, DeFi, gaming projects, and real-world assets (RWA) heat up amid the unfolding bull market, Polygon could see further inflows of stablecoins.
POL price outlook: Is $1 next?
POL trades at $0.2559 after gaining more than 5% in the last 24 hours (CoinMarketCap).
The token has risen from June lows of $0.1666, and a 60% increase in daily trading volume points to potential further gains for POL.
Technical indicators back the bullish case. Weekly charts show a textbook falling wedge.
This classic pattern often precedes substantial breakouts once confirmed.
Falling wedges typically trap cautious buyers and short sellers before strong upside moves.
Given the broad market optimism, Polygon bulls will target the key resistance at $0.50, roughly a 95% increase from the current POL price of $0.2559.
The rapidly growing stablecoin supply suggests the token could enjoy steady gains.
Clearing $0.50 could catalyze a move to $0.90 and ultimately push toward the psychological $1.00 level.
Cryptocurrencies appear positioned for more sustained gains as bullish momentum dominates amid shifting trends and rising institutional appetite.