𝗣𝗼𝗹𝘆𝗴𝗼𝗻’𝘀 𝗤1 2025: 𝗕𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝗧𝗵𝗿𝗼𝘂𝗴𝗵 𝘁𝗵𝗲 𝗡𝗼𝗶𝘀𝗲

Despite broader market volatility, Polygon continued to strengthen its ecosystem in Q1 2025. According to the latest Messari report, the protocol recorded notable gains in user activity, DeFi growth, and infrastructure upgrades, showcasing its staying power and future readiness.

User & Transaction Growth

Polygon PoS recorded an average of 546K daily active addresses, up 4.4% quarter-over-quarter. Daily transactions climbed to 3.4 million, an 8% increase, reflecting Polygon’s consistent appeal to users and developers even in tough market conditions.

DeFi Expansion

The Total Value Locked (TVL) on Polygon PoS stood at $744.8M by quarter-end. Notably, QuickSwap and Spiko showed strong performance, growing their TVL by 72.5% and 28.9% QoQ, respectively. In addition, stablecoin supply surged 23.3% to nearly $2B, dominating on-chain usage. This indicates increased user confidence and institutional involvement in the Polygon DeFi landscape.

NFT Market Recovery

The NFT sector on Polygon showed strong momentum, averaging $1.4M in daily volume, up 68.2% from the previous quarter. A significant highlight was Courtyard’s Pokémon-themed NFTs, which generated $56.5M in March alone, illustrating Polygon’s strength in onboarding mainstream collectors and IPs.

AggLayer Goes Live

One of the biggest technological milestones came with the mainnet launch of AggLayer on February 3, 2025. By introducing pessimistic proofs, AggLayer enables secure interoperability between chains with different security models.

Conclusion

Polygon’s performance in Q1 2025 reaffirms its commitment to scalable infrastructure, user growth, and ecosystem expansion. With innovations like AggLayer and thriving sectors across DeFi and NFTs, Polygon is not just enduring the bear — it’s building beyond it.

Full Messari report:

https://messari.io/report/state-of-polygon-q1-2025