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Home » Altcoins » POL price rises as Polygon USDC transfers surge amid its returns to the US
Altcoins

POL price rises as Polygon USDC transfers surge amid its returns to the US

Crypto Observer StaffBy Crypto Observer StaffJuly 23, 2025No Comments5 Mins Read
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  • Polygon (POL) price jumps as Polymarket returns to the US.
  • USDC micro-transfers on Polygon are up 141%.
  • Polygon is expanding its stablecoin and real-world asset ecosystem.

Polygon’s native token, POL, is showing fresh signs of life as the network sees a major resurgence in activity. The token has risen 7% over the past week and by 14% over the past two weeks.

This resurgence reflects a larger shift within the Polygon (POL) ecosystem as it positions itself at the forefront of real-world blockchain use cases.

With a strategic focus on stablecoin payments and institutional engagement, Polygon’s resurgence could mark the beginning of a new growth cycle.

Polymarket has secured a US return through QCEX acquisition

Polygon-linked prediction market Polymarket has reentered the US market by acquiring QCEX, a licensed derivatives exchange, in a $112 million deal.

This acquisition follows the closure of regulatory investigations by the Commodity Futures Trading Commission (CFTC) and the US Department of Justice, clearing the way for Polymarket to resume operations on American soil.

We’re coming home. 🇺🇸 https://t.co/2UIFrCSpQP

— Polymarket (@Polymarket) July 21, 2025

Following news of Polygon-backed Polymarket’s legal return to the United States on July 21, the price of POL surged by 10%, reaching a high of $0.2630.

Notably, Polymarket’s US comeback is a critical development. It not only restores access to the world’s largest financial market but also signals broader regulatory acceptance of decentralised prediction platforms.

With regulatory hurdles now behind it, Polymarket is set to become a major player in the burgeoning space of on-chain prediction markets.

Founder and CEO Shayne Coplan emphasised that the platform’s return aims to bring compliant crypto predictions back to American users, a move expected to increase demand for Polygon’s infrastructure and token, especially as transaction volumes climb.

USDC transfers on Polygon skyrocket

While Polymarket’s regulatory breakthrough has drawn headlines, the surge in stablecoin activity on Polygon is equally noteworthy.

According to recent data, small USDC transfers on Polygon (transactions under $1,000 have soared by 141% since the beginning of the year.

According to data compiled by Peter Liem, an analyst at Polygon Labs, the network now handles more of these micro-payments than Solana, reflecting its growing role in the global stablecoin economy.

According to a recent report by Polygon, the total stablecoin supply on Polygon has crossed $2.8B.

Total stablecoin supply on Polygon has crossed $2.8B USD.

A three-year all-time high ✨ pic.twitter.com/YDmzXggYJD

— Polygon (@0xPolygon) July 22, 2025

Rising transaction fees on rival networks like Tron have driven users to seek alternatives, and Polygon has emerged as a top choice.

While Tron still dominates in overall stablecoin volume, according to a recent report, its fees have more than doubled, making it less viable for everyday payments.

In contrast, USDC transfers on Polygon cost only a fraction of a cent, offering a compelling advantage for users in developing economies.

In countries like Argentina and Brazil, where inflation has devalued local currencies, the low-cost, high-speed nature of Polygon has made it the preferred blockchain for stablecoin use.

These countries now account for a large share of the $562 million in USDC micro-transfers processed on Polygon in June alone.

Polygon is positioning itself for real-world utility

Beyond payments and predictions, Polygon is continuing to enhance its technical foundation.

The network’s Heimdall v2 upgrade, recently rolled out, aims to improve stability and reduce blockchain reorganisations.

The most complex upgrade in Polygon history is live! Heimdall v2 brings:
• finality down to ~5 seconds (from ~1min)
• better network stability
• modern, future-proof core infrastructure

The team worked diligently with node operators to ensure a smooth upgrade, and despite a… https://t.co/L2d0J4Igob

— Polygon (@0xPolygon) July 11, 2025

Meanwhile, new infrastructure such as the Katana chain is designed to increase bandwidth for high-volume applications like decentralised finance and digital payments.

Polygon Labs is also building an ecosystem tailored for real-world assets (RWAs), including tokenised government bonds and stablecoins.

A dedicated 14-person team has been deployed to scale these efforts, reflecting the network’s commitment to driving adoption beyond speculation.

These moves align with the broader industry trend of integrating blockchain into traditional financial systems.

Financial institutions such as JPMorgan, Citigroup, and Bank of America are reportedly preparing to include stablecoins in their products.

With USDC gaining ground globally and Polygon proving itself in micro-payments, the chain is poised to capture institutional interest alongside retail growth.

Polygon (POL) price set to rise on investor optimism

In response to these developments, the Polygon (POL) token has attracted bullish sentiment from traders.

Its price has steadily climbed over the past week, mirroring rising trading volume and renewed market attention.

Although POL remains far below its all-time high of $1.29 set in March 2024, current activity suggests that investor confidence is returning.

Eyes are now on whether Polygon (POL) can sustain this momentum, with a target at the $0.50 to $0.80 range in the coming months if adoption trends continue and the broader crypto market remains stable.



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