Polygon's 2024 Growth Metrics and Developer Activity

**Key Developments:** - Polygon's stablecoin supply increased 10% to $2.3B - QuickSwap DEX reached $87B in all-time trading volume - NFT trading volume hit $2B - Platform now hosts over 500M unique addresses **Market Performance:** Bitcoin's surge past $109K has strengthened altcoin sentiment. With BTC dominance at 66.8%, analysts predict potential capital flow to Layer 1 solutions like Polygon. **Metrics & Forecasts:** - Stablecoin transactions: Up 44% to 81.1M - Adjusted volume: 35% increase to $52B - POL price target: $0.63-$0.70 (analyst predictions) The launch of AggLayer and strong ecosystem metrics position POL for potential growth, though market volatility remains a consideration.

Trendy DeFi announces the launch of a new verified community group with enhanced features: - **Exclusive Access**: Only eKYC-verified investors can join - **Streamlined Support**: All individual support now through official #TrendyDeFi account - **Operating Hours**: 08:00-17:00 GMT+7, Monday-Friday - **Security Measures**: Other unofficial groups closing in 30 days To join: 1. Complete eKYC at [Trendy DeFi Dapp](https://trendydefi.com) 2. Get invite link from @TrendyDefiBot 3. Join within 1 minute Contact: support@trendydefi.com

The Polygon Trendy Pool V2 claim voting has concluded with 567 participants. The results show: - Keep Current Interest Reduction Policy: 388 votes (68.43%) - Immediate Claim Option: 177 votes (31.22%) - Full Lock on Claiming: 2 votes (0.35%) Based on majority support, the current interest reduction policy will continue while awaiting POL token price recovery. The exact claiming start date will be announced next week. View voting record: [Polygonscan](https://polygonscan.com/address/0xC9046BBF290C0d6FBAd1AD112F77a29B1654Cd05)

Polygon ($POL) demonstrates ecosystem strength despite a 14% price dip to $0.22. Key metrics show robust health: - $2.5B stablecoin supply - $134B transfer volume - 14% price surge to $0.2529 from Agglayer Breakout Program The network's position as a leading Ethereum L2 solution, combined with favorable U.S. crypto policies, supports analyst forecasts of $0.6 by November 2025. On-chain metrics indicate growing activity: - Increased active addresses - Enhanced whale movements - Strong staking participation *Previous highlights include NFT volume surpassing Ethereum and Stripe's integration for crypto payments across 3M stores.*

Reliance has launched JioCoin on the Polygon blockchain as a reward token for JioSphere users. The token will enable access to Jio services including mobile recharge, shopping at Reliance stores, and gas stations. Key developments: - Expected price around Rs 43.30 - Users can earn tokens using Indian mobile numbers - Integration with Jio Platforms Limited apps Polygon ecosystem updates: - Partnership with Abu Dhabi Global Market for token disclosure - BlackRock expands tokenized fund offerings - Network stats: 14M weekly transactions, $730M TVL $POL currently trades at $0.1922 after recovering from a recent dip. Analysts project potential 40% gains above $0.2972 resistance.