Polygon continues to affirm its status as a leading Layer 2 ecosystem in Q1 2025, according to Messari’s latest report. Here’s a breakdown of the top highlights:
1. Strong Financial Metrics
Polygon generated $14.3M in revenue, up 42% QoQ.
Average daily active addresses reached 1.17 million, making Polygon one of the most used chains by real users.
Gas fees rose 25%, indicating rising demand despite L2 scaling.
2.Ecosystem Growth
Polygon CDK saw widespread adoption for creating ZK-based chains like Astar zkEVM, Immutable zkEVM, and Canto.
Over 50 chains are now building on CDK, demonstrating real modular traction.
3. DeFi and NFT Momentum
TVL surged to $1.49B, with protocols like Quickswap, Balancer, and Uniswap leading the charge.
NFTs had a quieter quarter but Lens Protocol and Zora built on Polygon highlight future creator-focused growth
4. Governance Evolution
Polygon 2.0's upgrade roadmap and governance decentralization began in earnest, with the Community Treasury and Polygon Improvement Proposals (PIPs) gaining traction.
Conclusion:
Polygon’s multi-chain vision backed by zero-knowledge tech is being realized. It’s not just about speed and cost anymore—it’s about sovereignty, interoperability, and developer tooling.
Sources & Links:
Read the full report by Messari here:
https://messari.io/report/state-of-polygon-q1-2025