Polygon Q1 2025: AggLayer, Gaming Surge, and the RWA Onboarding Wave
Polygon’s Q1 2025 performance, as detailed in Messari’s latest report, underscores a pivotal quarter marked by real-world asset (RWA) innovation, network growth, and ecosystem resilience.
🔹 AggLayer Moves from Vision to Reality
The quarter saw the rollout of pessimistic proofs on the AggLayer, a major step in Polygon’s mission to unify liquidity across ZK and sovereign chains. Notably, integrations with Socket, Tria, and Karate Combat highlight growing developer confidence in the multi-chain framework.
🎮 Gaming Still Rules the Chain
With active gaming addresses holding strong and boosted by hits like MATR1X FIRE, Polygon continues to be a home for Web3 gaming. While overall daily active addresses grew 4.4% QoQ to 546k, gaming activity played a significant role in driving user engagement.
💸 Stablecoin Expansion and DeFi Resilience
Polygon PoS saw a 23.3% QoQ increase in stablecoin supply, reaching $2B. DeFi protocols like QuickSwap (+72.5% TVL) and Spiko (+28.9%) reflected sustained user demand even amid broader market caution.
📦 NFT Revival in Full Swing
NFT volume saw a robust 68.2% QoQ rise, aided by projects like Courtyard, whose tokenized Pokémon cards amassed $56.5M in March sales alone.
💼 RWA and Payment Infrastructure
With $140.7M in Visa and Mastercard volumes settled via stablecoin rails, Polygon's traction in real-world asset tokenization and crypto card adoption is no longer theoretical—it’s operational.
🔁 POL Migration Update
Despite a 54% decline in market cap to $1.7B, over 92% of MATIC supply has migrated to POL—demonstrating strong community adoption of the new token standard.
Polygon’s Q1 2025 showed the protocol maturing from L2 pioneer to full-spectrum Web3 infrastructure player.
📚 For deeper metrics and analytics, explore the full Messari report.
