Polygon price crashes as transactions rise after Madhugiri hardfork, as expert questions its valuation

cryptonews12-13

Polygon price continued its steady downtrend this week, even as the network’s activity surged after the Madhugiri hard fork. Summary Polygon price has slumped to the lowest point this year. The ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPolygon price crashes as transactions rise after Madhugiri hardfork, as expert questions its valuation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-12-13 15:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/polygon-price-crashes-as-transactions-rise-after-madhugiri-hardfork-as-expert-questions-its-valuation/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Polygon price continued its steady downtrend this week, even as the network’s activity surged after the Madhugiri hard fork.\n\n\nSummary\n\n\n\nPolygon price has slumped to the lowest point this year.\nThe ...</p>\n\n<a href=\"https://crypto.news/polygon-price-crashes-as-transactions-rise-after-madhugiri-hardfork-as-expert-questions-its-valuation/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SUI","symbol_name":"Sun Communities Inc","start_time":0,"source_url":"https://crypto.news/polygon-price-crashes-as-transactions-rise-after-madhugiri-hardfork-as-expert-questions-its-valuation/","article_id":"2591394376","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/polygon-price-crashes-as-transactions-rise-after-madhugiri-hardfork-as-expert-questions-its-valuation/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2591394376","pubTimestamp":1765610882,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Polygon price has slumped to the lowest point this year.The network activated the Madhugiri hard fork this week.The number of transactions in the network has soared.Polygon  token slumped to a new fresh low after it transitioned to POL from MATIC last year. It was trading at $0.1200, down by double-digits from the September high of $0.2970.The ongoing Polygon price crash is happening despite the network having some of the best fundamentals. For example, the number of transactions has gone parabolic after the developers activated the Madhugiri hard fork, which introduced new features.It boosted the transaction speeds by 33%, introduced 1-second block consensus, and the supported of the recently launched Ethereum Fusaka upgrade.SUI falls behind Polygon on almost every metric, has massive monthly unlocks and inflation – yet it has 5× the Market Cap and 15× the FDV.What’s going on with these valuations?Let’s break it down:Network revenue in November: 928K vs 724KTVL: 1.19B vs 931MStablecoi","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"SUI":"Sun Communities Inc","BK7104":"黄金","POL.AU":"POLYMETALS RESOURCES LTD","BK4228":"单户式住宅房地产信托","BK4215":"住宅房地产投资信托"},"translate_title":"Madhugiri硬分叉后交易量增加，Polygon价格暴跌，专家质疑其估值","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"POL.AU":1,"SUI":1},"content_text":"Polygon price continued its steady downtrend this week, even as the network’s activity surged after the Madhugiri hard fork.\n\n\nSummary\n\n\n\nPolygon price has slumped to the lowest point this year.\nThe network activated the Madhugiri hard fork this week.\nThe number of transactions in the network has soared.\n\n\n\nPolygon (POL) token slumped to a new fresh low after it transitioned to POL from MATIC last year. It was trading at $0.1200, down by double-digits from the September high of $0.2970. \nThe ongoing Polygon price crash is happening despite the network having some of the best fundamentals. For example, the number of transactions has gone parabolic after the developers activated the Madhugiri hard fork, which introduced new features.\nIt boosted the transaction speeds by 33%, introduced 1-second block consensus, and the supported of the recently launched Ethereum Fusaka upgrade. \nData shows that Polygon handled over 8.1 million transactions within a single day after this upgrade happened. More numbers by Nansen show that the network’s transactions have risen by 93% in the last 30 days to over 158 million. This growth makes it the second-fastest-growing chain in crypto after Monad. \n\n💜 @0xPolygon keeps the momentum rollingPost-Madhugiri, Polygon just processed 8.1M+ transactions in a single day, its strongest activity in the last three monthsThis is what real-world scale looks like 😎📊 https://t.co/ycircbywyu pic.twitter.com/TC8pbaUQET— Chainspect (@chainspect_app) December 12, 2025\n\nMore data reveals that the number of active addresses on Polygon has jumped by 54% in the last 30 days to 13 million. As a result, the amount of fees collected jumped by 27% to $778,000. This is important as Polygon constantly burns its fees, a move that helps to offset new POL issuance. \nPolymarket has played a role in boosting the Polygon ecosystem. Data shows that the network had a volume of $4.3 billion in November, a figure that will keep growing now that it has expanded in the United States. Polymarket runs on Polygon’s network.\n\nNovember went parabolic.$4.33B in prediction volume on Polygon. @Polymarket’s biggest month ever.Onchain markets stay winning. pic.twitter.com/S93RBsbIhY— Polygon | POL (@0xPolygon) December 11, 2025\n\nThe ongoing Polygon price crash has led to concerns that it has become highly undervalued. A popular analyst compared its market cap with that of Sui (SUI). \nPolygon has a DeFi TVL of over $1.19 billion compared to Sui’s $931 million. It also has over $2.825 billion in stablecoin supply compared to Sui’s $0.5 million. Polygon also makes more money, has fewer unlocks, and yet it is 5x smaller than Sui.\n\nSUI falls behind Polygon on almost every metric, has massive monthly unlocks and inflation – yet it has 5× the Market Cap and 15× the FDV.What’s going on with these valuations?Let’s break it down:Network revenue in November: 928K vs 724KTVL: 1.19B vs 931MStablecoin market… pic.twitter.com/UY2DkomPLM— Vadim (@crypto_vadim) December 12, 2025\n\nPolygon price technical analysis \nPOL price chart | Source: crypto.news\nThe daily chart shows that the POL price has been in a steady freefall in the past few months. It has tumbled from a high of $0.2970 in September to $0.12 today. As a result, it has moved below the key support level at $0.1520, a point it failed to move below several times. \nPolygon price remains below all moving averages, while top oscillators have continued falling. On the positive side, the token has formed a falling wedge pattern whose two lines are about to converge.\nThe wedge pattern means that the POL price may rebound soon. Such a rebound may see it rise to the key resistance level at $0.1520, which is nearly 30% above the current level.\n\n\n\n\n\n                You might also like:\n            \n\n                Ripple, Circle receive conditional national bank charter approvals from OCC","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2591394376","isCrawlerRequest":true}