Polygon ecosystem explosion: RWA assets surpass $1 billion, payment volume surges by 49%

The Polygon ecosystem performed strongly in the third quarter of 2025, with PoS payment application transaction volume reaching $1.82 billion, achieving a significant quarter-on-quarter rise of 49%. Even more noteworthy is that the value of real-world assets (RWA) on the platform has surpassed $1.1 billion, covering a range of areas such as corporate bonds, government bonds, and commodities. Additionally, Polygon holds an absolute dominance in the blockchain prediction market with 88% of TVL, and is consolidating its leading position in various Decentralized Finance (DeFi) areas with its modular architecture tools like zkEVM and AggLayer.

Payment Explosion and RWA Breakthrough: Polygon's Dual Engine Drive

The explosive growth of Polygon in the two key areas of payment infrastructure and real-world asset tokenization is the core driver of its ecological value rise.

(Source: Messari)

• Payment application transaction volume surges: According to Messari and Dune data, the transfer volume of Polygon PoS payment applications reached $1.82 billion in the third quarter of 2025, a quarter-on-quarter rise of 49%.
• Core contributors: Among them, Paxos leads with a transfer volume of $319.4 million (a rise of 443.2% month-over-month), followed closely by Avenia with $285.5 million and Revolut with $243.4 million. Applications like BlindPay and Cobo contributed an additional $1.06 billion in total, indicating strong demand for Polygon's infrastructure.
• RWA assets surpass $1.1 billion: Real-world asset (RWA) activity on Polygon has significantly accelerated, with the on-chain issued asset value exceeding $1.1 billion.
• Dominance in the bond market: This platform hosts over 273 assets and 3,000 holders, maintaining a 90% market share in tokenized corporate bonds.

(Polygon Ecosystem RWA Data | Source: RR2capital)

• RWA category distribution: According to data from RR2 Capital, commodities lead the RWA category with 485 million USD, followed by corporate bonds (238 million USD) and government bonds (122 million USD).

Multi-Domain Leadership: zkEVM and AggLayer Strengthen Network Effects

Polygon has not only made progress in payment and RWA sectors but has also established a dominant position in key segments of Decentralized Finance, thanks to its robust technology stack.

• Prediction market absolutely leads: Polygon dominates blockchain-based prediction markets with 88% of the Total Value Locked (TVL), totaling $232.07 million. Data from DeFiLlama shows that the TVL shares of other competitors like Ethereum, Base, and Gnosis are all less than 5%.
• Advantages of Modular Technology: Polygon's proactive multi-department expansion is driven by its modular architecture and scaling tools such as zkEVM and AggLayer. These technologies protect multiple chains through a unified liquidity framework, thereby strengthening the network effects of the Polygon ecosystem.
• Strategic Positioning: Polygon is positioning itself as a top-tier platform, serving not only payments but also tokenized assets and financial services, with the goal of surpassing Ethereum and supporting a broader “value internet.”

Conclusion

Polygon's data performance in Q3 2025, particularly the explosive growth in the payment and RWA sectors, demonstrates the tremendous success of its modular scaling strategy. With over $1 billion in RWA assets and nearly 50% growth in payment transaction volume, it is clear that Polygon is becoming the preferred infrastructure for institutions and enterprises adopting blockchain technology. Although its native token POL has seen a short-term price correction, the strong network fundamentals and the ongoing expansion of multi-sector activities suggest that Polygon has significant long-term growth potential.