Source: Messari Q1 2025 | Compiled by Binance Research Team
Polygon has kicked off 2025 with robust developments that strengthen its position as a leading blockchain infrastructure provider. According to Messari’s Q1 2025 report, the network demonstrated strong ecosystem momentum, driven by breakthroughs in interoperability and increasing real-world asset (RWA) adoption.
Agglayer: Pushing the Frontier of Cross-Chain Interoperability
One of the most significant developments was the launch of pessimistic proofs on the Agglayer mainnet—a major step toward secure, low-latency interoperability. These proofs improve trust minimization across chains, providing a strong security foundation for protocols operating in multichain environments.
Notably, the Agglayer has already integrated with projects such as Tria, SOCKET Protocol, Karate Combat, and Rome Protocol, demonstrating growing adoption. Upcoming roadmap features—including multistack support and fast finality—position the Agglayer to become a foundational layer for seamless cross-chain operations.
Polygon PoS: Steady Growth and Rising Utility
The Polygon PoS network experienced moderate but meaningful growth:
Daily Active Addresses: +4.4% QoQ to 546,000
Daily Transactions: +8.0% QoQ to 3.4 million
Stablecoin Supply: +23.3% QoQ to $2.0 billion
Stablecoins emerged as the dominant asset class, reflecting a rise in payment and settlement use cases. Meanwhile, NFT activity surged by 68.2% QoQ, led by a rebound in tokenized assets such as Pokémon NFTs via Courtyard.
DeFi and Payments: Expanding Financial Infrastructure
Polygon’s DeFi ecosystem ended Q1 with a total value locked (TVL) of $744.8 million. Key protocols like Spiko and QuickSwap posted notable TVL increases of 28.9% and 72.5%, respectively, indicating growing user trust and capital efficiency.
In payments, Polygon facilitated:
$140.7 million in Mastercard and Visa volume via stablecoin-linked crypto cards
$245.3 million in payment transfers across 15+ platforms, up 5.8% QoQ
These metrics highlight Polygon's expanding role in real-world finance, especially in payment rails and asset tokenization.
Token Transition: MATIC to POL Migration in Full Swing
Despite broader market volatility reducing POL’s market cap to $1.7 billion (a 54% drop QoQ), the network achieved a major milestone: 92.7% of MATIC supply has been migrated to POL. This signals community and institutional alignment around the new tokenomics and governance model under POL.
Looking Ahead: RWA, Security, and Web3 Scale-Up
Polygon’s 2025 strategy is focused on two fronts:
Agglayer: Advancing secure interoperability and scalability for multichain dApps
Polygon PoS: Deepening adoption in real-world payments, NFTs, DeFi, and RWAs
With continuous protocol upgrades and growing developer activity, Polygon is poised to play a critical role in shaping the Web3 infrastructure landscape.