Polygon's Growth Signals Altcoin Recovery Amid Bitcoin Rally

馃殌 Polygon's $87B Secret

By Trendy DeFi
Jul 7, 2025, 2:03 PM
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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.​

Sources
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