CandleFocus Polymarket, Web3 apps boost stablecoin activity on Polygon
2025-01-15
Author: Content Editor
Stablecoin usage on Polygon remains high, making it one of the primary chains for stablecoin transfers. However, its status has been affected by the shift towards newer Layer 2 (L2) chains like TRON, Solana, and BNB Smart Chain. Despite this, Polygon still sees significant inflows of bridged ETH and is among the top 5 most active chains in terms of inflows and outflows with Ethereum. The network has a large number of stablecoin wallets, surpassing Ethereum and Solana. Polymarket is a major contributor to the usage of stablecoins on Polygon. Polygon aims to regain its relevance by hosting AI agent launchpads and has also announced its Season 2 community grant, with a focus on AI projects. Despite the network's activity, the native POL token is showing weakness in its price.
Related News
XLM Breakout Alert! Traders Eye 30% Rally Nexo reveals 2025 annual growth plan UK Appoints Emma Reynolds as Economic Secretary to Oversee Crypto DeepLink and SoonChain Join Forces to Revolutionize Web3 Gaming Bitcoin and altcoins rose after the US CPI data: what next? Bitcoin Renews Push to $100K, Reclaims $99K, as US Inflation Rises to 2.9% Deutsche Borse’s Crypto Arm Enables Lido Staked ETH (stETH) Custody & Staking X Is Fiat XRP Hits 7-Year High Price as XRP Ledger Meme Coins Surge Again Bitcoin price nears $100K as US dollar dips on CPI relief Bitcoin Now Less Volatile Than Nvidia, PayPal, and AMD in Sign of Growing Maturity Justin Sun invites you to join him at Trump inauguration for $50k Whale Makes Massive $1.96 Million Investment in $AIXBT Token Analyst Explains Why XRP Surging So Easily Despite Large Market Cap Fetch.ai and Zus Network Forge Partnership to Revolutionize AI Storage Stellar Lumens Eyes $2.46 as Analysts Predict Major Price Surge Helium’s tech provided emergency cell service during Hurricane Helene Price action ahead of the inauguration is ‘rigged for unpredictability:’ K33 Two Bullish Pattern Hint Dogecoin Set for Over 30% Rally Giant Whales Deploy $100M to Cardano as Price Climbs Above $1 MyTonWallet introduces NFT card customization feature in latest update Bitcoin May Test $100,000 in Coming Days, Top Analyst Predicts Machine learning algorithm predicts Bitcoin price for January 31, 2025 Stellar integrated into Nansen for advanced crypto analysis Solana DEX Volume Soars: Will SOL Price Reach $300? CoinGecko Shares Annual Report of 2024, Bitcoin Bull Run, and Crypto Market Surge Dogwifhat Las Vegas sphere project faces scrutiny as influencers in charge still hold $700k in donations Hedera Hashgraph price could soar as HBAR forms a bullish pattern Altcoin ALGO Poised for 60% Trend Pump as Analyst Expects Algorand Price to Breakout in an Uptrend Governance, rewritten: DeAIOs go for decision-making without human limits | Opinion VeChain Enables Real-Time Energy Tracking in Brazil’s Solar Revolution Cardano News: Aiken Transforms into a Powerful Tool for Smart Contract Development XDC Network price soars as its DeFi TVL hits all-time high Introducing the IOTA Builder Server 2,816,572,700,000 Shiba Inu Stun Largest Crypto Exchange in 24 Hours US government says 120,000 Bitcoin seized from 2016 hack should be returned to Bitfinex ‘I Could Just Offer to Acquire TikTok’: Tron Founder Justin Sun XRP Price Prediction For January 15, 2025 What is DeFAI? The AI-enabled DeFi narrative looking to take 2025 by storm Bitcoin Price Analysis: Can BTC Rebound to Challenge $100K After Flash Crash? AI Agent ElizaOS Is Getting a Robot Body—But It's Not For Sex Switchboard to become first Solana oracle network to go live on Jito's growing restaking platform Tim Scott Announces Banking Committee Priorities for 119th Congress Binance Alpha Unveils New Batch of Projects: Aimonica, VitaDAO, and GRIFT Trump’s SEC to revise crypto policies reshaping enforcement rules Eric Trump Adds SUI to Portfolio as Crypto Eyes Gains Chainlink Price Forecast as 10M LINK Tokens Exit Exchanges Shiba Inu (SHIB) Price Growth Denied Again Aethir Expands GPU Network with EigenLayer, Offers New Staking Opportunities Cardano Price Analysis: Is ADA Ready to Surge Past the $1.3 Barrier? XRP Price Stands Just 16% From All-Time High After Breaking Month-Long Barrier DWF Labs, NEAR Protocol Inked Partnership, AI Agents in Focus BTguru Partners with Chainlink to Improve Tokenization in Turkey Berachain Flush With $1.6B in Liquidity Ahead of Launch ? Bitcoin nears $100K as CPI data shows signs of cooling Bybit launches FarmX, a farming platform, within SpaceS Arweave loads data onto lunar lander headed to the moon, meant to last for thousands of years Polymarket, Web3 apps boost stablecoin activity on Polygon AI agents’ market cap surges 222% in Q4 2024, driven by Solana Hyperliquid’s $7.5B airdrop marks shift from centralized token listings Solana adoption is on fire; over 10 million unique active addresses for 8 weeks and counting Bitcoin or Ethereum? We asked AI which is a better buy now that 2025 started 1Money raises $20 million in seed funding to build Layer 1 ‘exclusively designed’ for stablecoin payments EU stock exchange Boerse Stuttgart sees crypto drive 25% of 2024 revenue TikTok ban: Can crypto survive without TikTok’s influence? Sui Price Eyes $10 as Bullish Breakout Gains Momentum Chainalysis says stablecoins occupied majority of illicit crypto transaction volume in 2024 Stellar (XLM) Skyrockets 13% as Golden Cross Appears on Hourly Chart Bitcoin Bounces Back, But Ex-Binance Boss Warns About FOMO CryptoQuant Announces Bitcoin (BTC) Price Target for 2025! "At Least $145,000…" Will Dogecoin Rally to $0.39 as Open Interest Spikes to $4B? Bank of Namibia grants provisional licenses to two crypto exchanges Blockchain.com reflects on the trends and milestones achieved in 2024 Russian man sentenced to 7 years in prison for sending crypto to Ukrainian armed forces BREAKING! US Inflation Data Released! What Was Bitcoin's (BTC) First Reaction? Santiment Explained: While Bitcoin (BTC) Rises, These Two Altcoins Were Most Talked About! Ethereum Price Analysis: Bulls Target $3,415 This Week Why Bitcoin could shock traders with drop to $70,000, a deep dive HeLa Space Partners with Friend3AI to Revolutionize Web3 Social Networking XLM Price Prediction for January 15 ETH Price Prediction: What's Next? Crypto Market Sees $342 Milllion in 24-Hour Liquidations, Ethereum Tops List Solana (SOL) Price Prediction for January 15 Crypto Strategist Sees BTC Bears Flipping Bullish Following Bitcoin’s ‘Notable Momentum’ Recovery HashKey predicts bitcoin to break through $300,000 in 2025 SHIB Burns Crash 55%, But Here's Surprising Price Move CoinMarketCap X Account Shares Token Address! Toncoin (TON) Skyrockets 104% in Whale Moves Amid Market Shorts Liquidation South Korea’s Upbit Faces FIU Hearing Over KYC Violations XRP on Verge of $3: Key Levels to Watch Reputed Analyst Highlights Key Historical Patterns on the LUNA Price Chart, Does a 600% Pump Await the Altcoin? Cardano (ADA) Price Prediction for January 15: What to Expect in the Next 24 Hours XRP: Analysts' Predictions Point to a Bright Future Why XRP is the Talk of the Market: Key Trends and Insights XRP, XLM on the Rise, BTC Price Taps $97K Ahead of CPI Announcement (Market Watch) Hong Kong court serves tokenized legal notice to illicit Tron wallets What are the odds Donald Trump frees Ross Ulbricht? Bitcoin derivatives market signals increased volatility ahead of Trump inauguration Here’s how much Bitcoin the U.S. Government owns Brickken secures $2.5M to expand tokenized assets platform in Europe Bitcoin Caught Up in a Macro-Driven Sell-Off, May Fall Further: Standard Chartered XRP price snaps 8-year downtrend vs Bitcoin as predictions target $14 XDC Network Token Soars 21%, Hits Four-Year High Tether files lawsuit against Swan Bitcoin over joint venture dispute 90% of Crypto Assets Reviewed Do Not Meet Listing Standards: Coinbase Thailand proposes banning Polymarket amid online gambling crackdown World Liberty Financial’s $4.8M Loss: What It Means for Trump’s Crypto Project Ripple’s XRP flips BlackRock by market cap 17-storey Crypto Tower announced in Dubai as blockchain businesses thrive Will XRP hit $3 this week? LayerZero releases high-performance database optimized for blockchain data Corporate Bitcoin Adoption Forges Ahead as More Listed Firms Ride the Wave ENA Price Prediction: Bearish Breakout Points to $0.57 Risk Ripple CEO Slams Gary Gensler Over His Intention to Fight Until ‘Bitter End’ Against Ripple Why These Altcoins Are Trending Today — January 15 Why is the Backpack move a game changer for FTX EU creditors? Xrp Price Prediction for January 15 : What to Expect in the Next 24 Hours What’s Behind XRP’s $155B Market Cap and 11.64% Price Surge? Binance Keeps Making Delist Announcements! "12 More Trading Pairs Delisted!" XDC surge to 3-year high, more gains ahead? Bitcoin Price Today Trades at $97,000 as Trump’s Inauguration Sparks Uncertainty Michael Saylor Reveals How Much Bitcoin Is Worth Will Dogecoin (DOGE) Price Hit $3 In January? Crypto Community Reacts to US SEC Lawsuit Against Elon Musk $80 Million XRP Transfer Stuns Major US Exchange Coinbase Crypto hedge funds struggle to keep pace with Bitcoin’s 120% surge in 2024 Malaysia’s PM wants to develop crypto and blockchain policies after meeting with CZ and UAE leaders Chainlink Launches Cross-Chain Token (CCT) Standard, LINK Adds 6% Grass Unveils 2025 Roadmap: What You Need To Know AI Agent AIXBT Rallies 74% in 24 Hours, Invalidates Traders Skepticism Chainlink Whales Buy Over 1.35M Tokens, What’s Next For LINK Price? Bitcoin ETFs continue to see outflows while Ether ETFs rebound South Korea's Leading Cryptocurrency Exchange Bithumb Announced That It Will List This Altcoin on the KRW Market! Ionic and Ozean Team Up to Bring $100M TVL Power to OP Superchain December 2024: the month of growth of RWA on Algorand 'Rich Dad Poor Dad" Says Only 'Stupid' People Cannot Get Rich with Bitcoin Wintermute exec raises concerns over CeFi price discovery, urges more DeFi usage Bitcoin Hits $97K as Bullish Sentiment Grows, is $100K in Sight? Crypto Analyst Says Bitcoin Parabolic Trend in ‘Strong Health,’ Unveils Timeline for End of BTC Bull Market Meme project hacked after Telegram chat with founder, impersonating Jupiter DEX JUST IN! Binance Announced That It Would Delist This Altcoin, The Price Dropped Sharply! BlackRock doesn’t like being compared to MicroStrategy when it comes to Bitcoin Polygon Community Grants Program Season 2 Now Open Stalled Stablecoin Supply Casts Doubt on BTC's Bullish Recovery as U.S. Inflation Report Looms POPCAT price analysis: mapping a potential recovery path after a 50% drop Here’s What Happened On-Chain Before XRP Jumped to $2.87 TTT Labs, ZNS Connect Unite to Revolutionize Community Engagement in Web3 Bitcoin Price Faces Challenges: Will It Break Through and Rise? Neo collaborates with PumpBTC to expand BTCfi ecosystem on Neo X EVM sidechain Cardano Overtakes Bitcoin, Will ADA Price Hit $1.5? Trump’s family crypto venture World Liberty Financial exchanges more WBTC for ETH and USDT South Korea plans to introduce new crypto law in second half of 2025: report XRP spikes 12% as whales continue 'enormous accumulation' — Santiment Why Is XRP Price Skyrocketing 10% Today? Thailand Boosts Crypto Ambitions, Welcomes Bitcoin ETFs on Local Exchanges POPCAT drops 49% in 30 days: Odds of it reclaiming $0.82 are… Is HBAR the Key to the Tokenization of Real-World Assets on Hedera? Cool-ish PPI reading paves way for CPI report Will There Be A DeFi Cycle In This Crypto Bull Run? VIRTUAL whales buy the dip – Analyzing impact on price action PancakeSwap Launches Solv Protocol IFO on BNB Chain for $BTC Staking and Liquidity Yuga Labs may sell the intellectual property rights for CryptoPunks to an unnamed bidder Inflated TVL Figures Could Pop a $30B Bitcoin Defi Ecosystem What’s the Future for CFTC After Rostin Behnam Announces Departure? Jordan eyes blockchain tech for gov’t operations Pepe Coin Price Could Flip Shiba Inu As Expert Predicts ‘Perfect Storm’ Cardano Overtakes Bitcoin, Will ADA Price Hit $1.5? NFTs just had their worst performing year since 2020: DappRadar Trump’s family crypto venture World Liberty Financial exchanges more WBTC for ETH and USDT XRP Price Prediction For January 15 Crypto Market Gainers Led by Fartcoin, AI16Z, and Others Bison expands banking network with Deutsche Bank partnership SEC’s Gensler Sues Elon Musk Over Delayed Twitter Stake Disclosure, Days Before Resignation Meta says it isn’t ending fact-checks outside the US yet Elderglade And Spintop Partner to Bring Retro PvPvE and Web3 Tools Together CDARI Partners with IronChain Bank to Advance Web3 Ecommerce Innovation Expert Says With XRP You Are Not Just Holding a Crypto, But a Key to a New Financial Ecosystem Cryptocurrency Market Today: BTC, XRP, and AIXBT Lead Recovery Ahead of US CPI Inflation Data Bitcoin breakout ‘likely no later’ than Jan FOMC meeting: 10x Research 10X Rally For Hedera Imminent? Announcement of Layer2 On HBAR Sparks Bullish Hedera Price Prediction Crypto advocate Tom Emmer named vice chair of crypto and AI subcommittee Osprey Funds to seek SEC approval to convert Bitcoin trust into ETF Samson Mow says ‘It’s only a matter of time’ until Bank of Japan embraces BTC — Unfortunately, that won’t help Impeached South Korean president Yoon arrested weeks after martial law attempt Memecoin price prediction 2025 – 2031: Is MEME a wise investment? Indonesia could be charting new frontiers as a global adoption leader Will This Week’s CPI Figures Keep Bitcoin on Track to $200,000? Nubank expands rewards feature for USDC holders, offering 4% annual returns Trump-backed World Liberty Financial moves over $60 million worth of Ethereum as part of 'treasury management' Satoshi Action Fund raises $300,000 as it advances Bitcoin advocacy Terminus Teams Up with AIA Labs And AEON for Seamless Blockchain & Web3 Payments BREAKING: Coinbase Adds a Surprise Memecoin to Its Listing Roadmap – Big Jump in Price Bitcoin Consolidates as Short-Term Holdings Decline to Lowest Point Since Mid-November CryptoPunks NFT floor price spikes 13% on rumors of IP sale Shiba Inu (SHIB) Can Win This Market Correction, XRP Breakout Back in Game, Ethereum (ETH) Below $3,000: What to Expect?