As reported by 528btc, analysts are discussing whether Polygon's anticipated 'stablecoin super cycle' can reverse the weak performance of POL, as the network is at the center of a multi-billion-dollar tokenized money transition. With ultra-low fees and integrations with major platforms like Visa and Stripe, Polygon currently processes 3 million transactions daily and holds over $1.24 billion in stablecoin supply. The rise of stablecoins could position Polygon as a key settlement layer, potentially boosting POL's transaction revenue and network activity, although the token is currently facing technical resistance near $0.21.
Analysts Debate Stablecoin Super Cycle's Impact on POL Price Outlook
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