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Polygon surpassed 8 billion blockchain transactions, while May stablecoin activity reached $80 billion across 198 million transfers. Visa, Meta, and Revolut are testing large-scale payment solutions involving MATIC.
POL plunged 8.9% to $0.092 amid intense selling pressure, raising concerns over whether it can hold the $0.09 support level.
Polygon Labs completed the Austin and Kyoto hard forks, patching critical vulnerabilities before any exploits occurred. Node operators must update their software, while POL fell 9.3% over 24 hours but gained 25.8% over 30 days.
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