Polygon Price Soars: POL Became Best-Performing Crypto in Top 100

Key Insights:

• Polygon price is up and leading the top 100 crypto assets after a strong week, driven by real network activity.
• Record token burns and rising revenue point to growing use of the Polygon network.
• New Open Money Stack plan positions Polygon as long-term blockchain infrastructure.

Polygon (POL) has moved to the top of the crypto market charts this week after recording strong gains that stood out among the top 100 digital assets. The Polygon price move has drawn attention because it is backed by network activity, rising revenue, and a new long-term plan shared by Polygon’s leadership.

Polygon POL Price Outlook at the Moment

Polygon price is trading at levels not seen in months after gaining close to 40% in a short period. Notably, this rise places it ahead of other large cryptocurrencies during the same time frame.

Trading activity has also picked up, with daily volume jumping sharply. It shows that interest is spread across the market.

Even with this rally, Polygon is still far below its all-time high. The token remains down about 88% from its peak during the previous bull market. This gap is shaping how investors view the current move. Some see it as an early recovery phase, while others remain cautious, watching for signs that the strength can last.

Still, current market data shows Polygon’s market value sitting around $1.78 billion. The daily trading volume exceeds $400 million, indicating active buying and selling rather than thin movement.

The fully diluted value matches the market cap, meaning the full supply is already reflected in the price. Short-term price action suggests buyers are responding to real network use rather than social media excitement.

The next direction will likely depend on whether Polygon can keep users, apps, and developers active on the chain. For now, the market is reacting to what is already happening on the network, not what might happen later.

Reason Behind Polygon Price Breakout

The recent breakout in Polygon price is closely tied to on-chain data. As of writing, it is trading at $0.1673, up by 16.61% in the past 24 hours. Over the past seven days, Polygon ranked first among major blockchains by network revenue.

This matters because revenue comes from actual usage, not just transfers between wallets. A major highlight came on January 5, when more than 3 million POL tokens were burned in a single day. This was the highest daily burn ever recorded on the Polygon PoS network.

Token burns reduce the circulating supply, and when they happen during periods of high activity, they can support price growth. The increase in revenue shows that applications on Polygon are being used consistently.

Fees paid by users are fed into the network, and part of that value is removed from circulation through burns. This pattern is different from price spikes driven only by news or short-term trades.

Another factor is the completed shift from MATIC to POL. The new token now plays a clearer role in staking, governance, and network fees. Notably, this clarity has helped users and developers better understand how value flows within the ecosystem.

The One-Stack Money Innovation

Polygon’s recent strength also follows a major announcement from its leadership. The network introduced a new plan called the Open Money Stack. Notably, this idea focuses on building a connected on-chain system that supports apps, financial services, payments, and blockchain infrastructure.

Polygon CEO Sandeep Nailwal explained the goal in simple terms. Money, according to him, should move as freely as information does on the internet.

To achieve this, Polygon wants to reduce fragmentation by offering tools that work together within one stack. This direction shifts Polygon’s image from a short-term trade to a long-term infrastructure project.

By controlling more parts of the system, the network can improve efficiency and support larger volumes of real use. For Polygon, this matters because wider adoption across payments and financial tools can lead to higher network revenue.

More usage can also mean more token burns over time, strengthening the link between activity and value. While the plan is still unfolding, it provides context for the recent growth. It shows that Polygon is focused on building steady use cases rather than chasing trends.