𝗣𝗼𝗹𝘆𝗴𝗼𝗻 Q1 2025: Strong 𝗚𝗿𝗼𝘄𝘁𝗵 in TVL, NFTs, and Stablecoins — 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗳𝗿𝗼𝗺 𝗠𝗲𝘀𝘀𝗮𝗿𝗶.
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According to the latest Messari report, Polygon (@0xPolygon) continues to demonstrate its strength as a leading Layer 2 solution in Q1 2025. The network’s Total Value Locked (TVL) grew 23%, reaching $1.2 billion, with QuickSwap and Spiko as the top contributors. This growth reflects increasing confidence in Polygon’s scalable infrastructure.
Stablecoins on Polygon saw a 23.3% rise in supply to $22 billion, led by major players USDC and USDT. This surge underlines Polygon’s growing role in facilitating decentralized finance (DeFi) activities with cheaper and faster transactions.
Polygon’s user activity remains impressive, with 3.4 million daily transactions and over 546,000 active wallets recorded in Q1. Such metrics highlight the network’s real-world adoption beyond just speculative interest.
NFT activity also surged, with a record $56.5 million in trading volume during the quarter. Pokémon-themed collections dominated the NFT space, accounting for $29 million of the volume, showcasing the continued popularity of digital collectibles on Polygon.
These findings position Polygon as a major player not only in Layer 2 scaling but also in NFTs and stablecoin ecosystems. The report emphasizes how Polygon’s technology supports a robust and expanding decentralized economy, contributing significantly to blockchain adoption worldwide.
For the full insights, read the Messari report here:
https://messari.io/report/state-of-polygon-q1-2025
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