Polygon (POL), formerly known as MATIC, has seen a notable surge in price activity, with the token reaching nearly $0.27 today. This recent rally is attributed to increasing Polygon Network activity and the implementation of its new USDT standard. 25% more active addresses are now being registered on the network and daily transactions have grown by 8%, indicating a growing user base. A key catalyst for this rise was Polygon’s successful upgrade to the USDT0 standard, resulting in improved transaction efficiency and a stronger position for stablecoin activity. Additionally, Polygon is gaining traction as a leading stablecoin hub, with XSGD transfers witnessing substantial growth across Singapore and Asia.