Ethereum Layer-2 scaling solution Polygon (POL) has disclosed crucial performance data in a post on X. Per the data, Polygon has grown substantially this year regarding liquidity, its Proof-of-Stake (PoS), and the AggLayer. Polygon is known for its unique architecture, which supports high transaction throughput with reduced latency.
Processed Transactions and Key On-chain Data on Polygon
As highlighted in the post, Polygon’s PoS has processed transactions totaling $214 billion of Decentralized Exchange (DEX) volume since January 2024. For context, Polygon’s PoS provides a foundation for new and current blockchain projects to build on Ethereum (ETH) without scalability difficulties.
Additionally, Polygon noted that assets worth $102 billion have been added to the PoS through Centralized Exchanges (CEXes). This translates to over 679 million deposits on the platform since the start of this year. Polygon believes other chains plugged into the network can benefit from this
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