Polygon makes a $250 mln stablecoin bet – But POL still struggles

Amid rising institutional and mainstream crypto adoption, tasks have turned to aggressive growth, particularly in stablecoin-linked areas.

Polygon Labs has develop into extremely bold, looking for to dominate the stablecoin market and cross-border settlement.

Polygon Labs’ $250 million acquisition

On the thirteenth of January, Polygon Labs introduced that it had signed an settlement to accumulate Coinme and Sequence for over $250 million in a significant deal.

These acquisitions goal to develop Polygon’s affect in stablecoin and different on-chain cash transactions.

Because the passing of the Genesis Act by the U.S. Congress final 12 months, demand for stablecoins as a method of cost has surged significantly. 

For that cause, Polygon Labs needs to place itself as the key participant within the rising subject as establishments embrace crypto funds. 

Even so, Polygon’s transfer just isn’t an remoted case, as crypto corporations have tried to transition into banks that function on-chain.

Nevertheless, the infrastructure to realize this purpose stays restricted, and Polygon’s acquisition takes a significant step in the direction of expanded market attain. 

What the purchases add to Polygon

Notably, the acquisition of crypto cost agency Coinme and pockets infrastructure Sequence anchors Polygon’s upcoming Open Cash Stack. 

With these infrastructures in place, the agency will probably be well-positioned to streamline cross-border transactions and strengthen its stablecoin funds. 

As such, Coinme provides cash transmitter licenses in 48 states and 50,000 places for fiat-to-crypto. However, Sequence supplies enterprise wallets and cross-chain transaction tech.

Constructing on 2025’s 452 million stablecoin transactions, the transfer eyes mainstream funds, mixing crypto velocity with regulation.

Polygon ecosystem booming

Constructing on its intensified growth, Polygon has skyrocketed to record-breaking ranges. As reported earlier by AMBCrypto, Polygon transactions surged to a document excessive of 1.4 billion in 2025.

This utilization degree prolonged over into 2026, and the variety of transactions has averaged 6 million over the previous two weeks.

At press time, the variety of Each day Transactions held at 6.11 million, based on Defillama, reflecting sturdy on-chain exercise.

Supply: Defillama

Much more importantly, these transactions have been backed by a strong person base. Over the identical interval, the variety of energetic customers has hovered between 400k and 700k, additional indicating sturdy community demand.

Addresses and transactions holding at elevated ranges alerts natural demand for the community, which tends to spice up its token’s value motion.

Bearish strain overwhelms POL, although

Whereas Polygon continued to develop its market attain and community utilization remained elevated, POL has confronted important bearish strain.

The truth is, after climbing to $0.18, POL confronted rejection and retraced to a low of $0.15, then rebounded barely to $0.16 at press time.

This market weak spot was largely pushed by elevated profit-taking between the tenth and the 14th of January. In line with Coinalyze, sellers crashed the market after POL touched $0.18, as Promote Quantity rose to 835.86 million.

Supply: Coinalyze

In consequence, the downward strain intensified, strengthening the draw back momentum because the Relative Energy Index (RSI) fell from 85 to 65.

Though RSI slipped, it stays inside the bullish zone, indicating consumers stay energetic available in the market.

Likewise, its Relative Vigor Index (RVGI) made a bearish crossover and fell to 0.24, additional validating the development’s weak spot.

Supply: TradingView

Thus, if sellers proceed offloading, POL will breach the $0.15 assist and dip additional in the direction of $0.14.

Nevertheless, if the market takes the current Polygon Labs acquisition positively, POL will retest $0.18 and goal a transfer above $0.2.

Remaining Ideas

• Polygon Labs introduced the acquisition of Coinme and Sequence for over $250 million, aiming to develop its attain within the stablecoin market. 
• POL nonetheless faces sturdy bearish strain as sellers dominate the market, risking a dip to $0.14.