Polygon, after completing the token switch from MATIC to POL, has become a disruptor in the Layer2 track. This transition is not just a formal adjustment; it hides a redefinition of the entire ecosystem.

The most direct manifestation is in the deflationary mechanism. An average of 1 million POL tokens are burned daily, accounting for 3.5% of the total annual supply at the current rate. Within a single 24-hour period, transaction revenue skyrocketed by 7 times, with over 10 million POL tokens burned—these figures are enough to demonstrate market recognition of this mechanism. Daily revenue exceeds $574,000, a figure that directly surpasses other Layer2 solutions, indicating what? It shows that POL's cash flow is now competitive.

The layout of the payment ecosystem is even more of Polygon’s strength. The open currency stack framework aims at global payment channels, with capacity expansion of 30% and gas fee stabilization already implemented. This means large-scale micro-payments are no longer a dream but a feasible reality. From a technical perspective, this is paving the way for the payment track.

Of course, no project is perfect. The governance process of the AI-DID framework remains unclear, and reputation metrics have shortcomings in trust verification. These issues cannot be ignored, but they also point to future directions for improvement.

Whether POL can firmly establish itself as the leader in Layer2 payments still depends on whether it can effectively solve governance challenges in the future. Based on current data and ecosystem layout, this dark horse truly deserves the market’s renewed attention.