Polygon’s native POL token is still stranded around the $0.11 major demand territory, but the latest on-chain stats point to a resurgence in trading activity. As the global crypto markets are enjoying a rebound on Wednesday, Polygon’s POL token (ex. MATIC) scored a 5.5% upswing.
Can Polygon Fly Above $1 On $3.26B Stablecoin Push?
That’s coming amidst a yearly high in Polygon’s app revenue, now breaching $1.37 million. Doubtlessly, this positive on-chain activity is heavily boosted by the stablecoin dominance. According to DefiLlama, Polygon Layer-2’s stablecoin market cap has risen 2% in the latest 24-hour period to $3.26 billion.
In contrast, the Polygon chain’s total value locked (TVL) is still in very low figures, portraying a story that could turn into bullish divergence if the demand is met at this Polygon price range. Considering the app revenue, the average rate now exceeds $170K per day, while the garnered fees just surpassed $8 million since the start of the year.
The question most Polygon’s (POL) long-term holders are asking: can Polygon price restore the $1 all-time high? This was achieved on September 13, 2024 – Polygon’s price saw a 88.48% pull-back since then. On a brighter note, the 37.31% bounce back from the cycle low hit on February 6, 2026 looks like an escape from a prolonged bearish trend.
Polygon’s Ecosystem Renaissance Wakes Up POL Price
Luckily enough, the big-time crypto players, otherwise known as whales, have showcased renewed interest in the popular Layer-2 altcoin.
The Chaikin Money Flow (CMF) now flashes 0.12 as price hits $0.01155, but the big Polygon price test lies at $0.1179 – closing above this range opens the path towards September 2025 levels, replicating the bull run towards$0.28.
If that level doesn’t hold, a pull-back to $0.08 is back on the cards.
However, much depends on the geopolitical implications. Interestingly, with the Supreme Court ruling Donald Trump’s global tariffs unlawful, crypto & stock markets witnessed a relief rally days later, but the adoption pace heavily depends on the Crypto President’s team-initiated Clarity Act.
For stablecoin-rich blockchain like Polygon (ex. MATIC), big decisions like a clear regulatory framework for stablecoins across the United States is pivotal in order to restore the lost massive TVL. Once surpassing $11 billion, Polygon’s DeFi ecosystem now revolves around roughly $1.31 billion, according to latest blockchain data from DefiLlama.
People Also Ask:
Polygon is like a turbo-charged upgrade for Ethereum: it makes transactions way faster and cheaper for apps, games, DeFi & payments.
The network’s fundamentals are popping: Stablecoin supply hit $3.26 billion (mostly USDC for quick, low-cost transfers), and DeFi app revenue jumped nearly 70% recently
It’s acting like a short-term ceiling right now. If POL breaks above $0.1179 with solid volume, it could spark more upside (maybe toward $0.12–$0.14 quickly).
