Polygon (POL) is witnessing strong on-chain activity and user adoption, even as its price consolidates near recent lows. The network is seeing an increase in daily active addresses, indicating a robust network effect. Despite the price downtrend, currently hovering around $0.22, analysts point to $0.25 as a critical resistance level that could signal a potential rebound if breached. European investors gaining access to Polygon further underscores its growing appeal.