Polygon continues to set new records in the realm of crypto micropayments, achieving over $100 million in monthly volume and capturing a significant market share.
Records in Micropayments
Micropayments between $0.50 and $100 have reached an all-time high, surpassing $100 million for the month. This shows that Polygon controls over 50% of the market in this segment, outpacing Ethereum and other major blockchains.
Shift in Strategy and Technological Updates
CEO Sandeep Nailwal's return to a more active role coincides with significant changes in the company. The team has decided to sunset its zkEVM initiative and focus on its PoS chain and Agglayer infrastructure, which is expected to enhance stablecoin velocity and tokenized asset settlements.
Growth of POL Token and Polygon's Future
Backed by technical progress and rising utility, Polygon's native token, POL, has increased by approximately 10% over the past week. As traditional networks move towards blockchain adoption, Polygon is quietly building the infrastructure for real-world usage.
Polygon is confidently moving towards becoming a powerful player in the crypto micropayments market, marked by significant volume increases and the implementation of new technologies.
