Polygon Adds 107K Holders in One Month as Payment Volume Surges 122%

Polygon's POL token added 107,000 new holders in one month, growing from 138,000 to 245,000 wallets—a 78% increase—according to CoinMarketCap data. The network expansion was driven by a payment volume surge and AI integration, with Monthly Crypto Card Volume jumping 122% to over $30.5 million with fifteen days remaining in July, compared to $13.69 million in June. Polygon ranks sixth among blockchains by daily DEX volume at $433 million, having processed more than $2.6 trillion in stablecoins since inception.

Polygon Processes Record Payment Volume Amid AI Expansion

Monthly Crypto Card Volume on Polygon has already surged more than 122%, hitting a record high with fifteen days remaining in July. Over $30.5 million has been processed so far, compared to $13.69 million in June, according to Paymentscan data.

The network has moved more than $2.6 trillion in stablecoins since inception—exceeding the total value of physical dollar bills and coins in circulation in the US.

Polygon CEO Sandeep Nailwal confirmed the building of 13 projects with AI, where one is already settling real transactions across 5 chains. The AI economy contributed to the increase in wallet numbers on the network.

Network Records $433M Daily DEX Volume as Whale Exits Position

Polygon ranked sixth among the top eight chains by daily DEX volume, recording $433 million according to DefiLlama.

A whale made four deposits totaling 14 million POL worth $1.17 million to Binance. The wallet no longer holds any POL after fully exiting the position.

POL Price Breaks $0.82 Resistance Level

POL has been rising since the start of July, respecting a trendline support. The token broke above a key resistance at $0.8200.

Demand levels that could prevent a full retracement to $0.68 were identified at $0.78-0.80, $0.75, and $0.73 based on technical chart structures.

FAQ

How many new POL holders did Polygon add in one month?
Polygon added 107,000 new holders in one month, growing from 138,000 to 245,000 wallets according to CoinMarketCap data—a 78% increase.

What is Polygon's Monthly Crypto Card Volume for July?
Polygon's Monthly Crypto Card Volume surged 122% to over $30.5 million with fifteen days remaining in July, compared to $13.69 million in June according to Paymentscan.

What is Polygon's daily DEX volume ranking?
Polygon ranked sixth among blockchains by daily DEX volume, recording $433 million according to DefiLlama data.