Polygon's native token, POL, has fallen to $0.1318, marking an 82% decrease from its peak in December. This price drop comes amid a significant increase in network activity, with active addresses rising by 60% and transactions growing by 80% over the past month. The stablecoin supply on Polygon has reached $3.2 billion, bolstered by Polymarket's total value locked (TVL) climbing to $261 million.
Polygon's decentralized exchange (DEX) platforms, including Polymarket, QuickSwap, and Uniswap, have collectively processed $6.56 billion in monthly volume. Additionally, the network's total value locked in real-world assets (RWA) has reached $761 million, positioning it as the fifth largest in the industry.
Polygon Token Declines Despite Network Activity Surge
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