Key Insights:
DeFi on Polygon crypto is growing fast, with TVL up 37% and stablecoin usage hitting 3-year highs.
POL price is gaining momentum, but weekly netflows remain negative, showing caution among traders.
Key levels show resistance near $0.25–$0.31. A breakout could take the POL price to $0.50 and beyond.
Polygon’s native token, POL, has shed 6.5% over the past 7 days, and its 3-month chart shows a modest 1.3% rise. Still, with a daily gain of over 7%, there’s renewed interest from traders.
But it’s not just the POL price that’s making noise. Behind the scenes, DeFi activity on Polygon is starting to grow again. And that’s where the real POL price story begins.
DeFi Growth on Polygon Crypto Is Picking Up
In the last three months, TVL (Total Value Locked) on Polygon has grown by 37%, reaching over $1.1 billion. That makes Polygon the second-largest Layer 1 in terms of DeFi growth after Ethereum.
More builders are choosing the network, and this is showin
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