Agglayer unlocks cross-chain liquidity and users across all virtual machines
Polygon Weekly Overview - January 10, 2025
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By The Numbers
Polygon daily active addresses: 595.2K (+15%)
Polygon daily txns: 3.45M (+6.48%)
Polygon Total Volume Locked (TVL): $864M (+2.8%)
NFT weekly sales volume: $7.36M (+12.02%)
Top 3 NFT collections by sales volume:
Courtyard: $2.56M (-11.72%)
LEDNFT: $2.47M (+50.61%)
Piggybox: $321K (+779%)
The percentages and metrics are based on a 7-day timeframe, unless noted otherwise.
Agglayer Spotlight
🟪What happened: Tria integrated its “all-VM chain abstraction stack” with the Agglayer to connect users and unify liquidity across all virtual machines (VM) including Ethereum’s EVM, Solana’s SVM and MoveVM, among others.
🟪Why does it matter: Through this technology, Agglayer can connect users and liquidity from any ecosystem, enabling access to decentralized applications (dApps) without bridging, swapping, or extra gas fees.
The existing fragmentation of liquidity and ecosystems, alongside the lack of interoperability across different virtual machines has been contentious for developers and users. For developers, it’s a difficult choice selecting a software stack and virtual machine for their project, as each comes with its own tradeoffs. For users, bridging and swapping has created friction in cost, efficiency and general complexity that discourages many non-technical people.
Tria offers a user-centric and frictionless experience by eliminating the silos created by different virtual machines and chains. By allowing non-EVM wallets to directly access dApps on the Agglayer, developers have more opportunities to build interoperable products. The real-time cross-chain transactions with the unified liquidity allows for efficient asset routing through the Agglayer’s unified bridge.
This chain abstraction stack connects the currently fragmented blockchain ecosystems under a single user interface. This can create a more unified and accessible blockchain ecosystem across web3.
🟪The big picture: Tria’s integration into the Agglayer ecosystem is a significant step toward creating a highly scalable and interoperable ecosystem.
This year, Agglayer will continue its growth with the launch of fast interop, as well as Polygon PoS, which is set to unlock $2.7 billion in liquidity from the protocol into the ecosystem. Additionally, Agora’s AUSD stablecoin will bring a native cross-chain currency to the ecosystem for stability and yield generation that can benefit all Agglayer connected chains.
Furthermore, Polygon’s ranking as the second-largest ecosystem by active developers in 2024, highlights those builders also will now benefit from the access to all virtual machines within the Agglayer ecosystem and Polygon CDK. This supports the overall mission for building a unifying layer that solves the problem of fragmentation across blockchain, especially as the ecosystem continues to upgrade and expand.
Together, these developments, along with Agglayer’s integration with Tria, can establish it as a platform that connects users and liquidity across web3.
Into the Agglayer
Check out what the Agglayer is bullish for in 2025
Explore the ‘Agglayer Crash Course’ for more resources and information on X
IoTeX, an Agglayer partner, welcomes Ankr as a validator node operator for its DePIN infrastructure
The Aggchain’s decentralized data storage and encryption platform, Bethel, launched on the Apple App Store
Haust Network, an Agglayer DeFi partner, released its testnet on December 30th and reached over 4 million transactions in 3 days
Ecosystem Showcase
ICYM: Polygon hosted an X Space on 2024 milestones and future developments with partners like Courtyard, Lumia, Moonveil and more
Listen to Polygon Labs CEO Marc Boiron discuss the importance of RaaS providers
The All-In podcast released an open market for its 2025 predictions on Polymarket
Watch Polygon PoS’ 2024 ‘wrapped’ achievements video
These stats from it stood out to us:
46M new users
7.6B transactions and $1.45B in trading volume on Polymarket
Featured headlines
You might have seen these Polygon-related headlines recently…
2024 Was Web3's Big Breakout Year, Led by Projects on Polygon PoS (Polygon Labs)
QuickSwap 2024 Year-In-Review (X Article)
Forging New Frontiers: Hunters of Web3 Partners with Wilder World (CoinTrust)
Join in the fun
Want to dive into the Polygon ecosystem full-time? Find the latest job postings here.
Dive into the Polygon developer community and join its Discord
ICYMI: Binance live AMA on Wednesday was with the executive producer of Wilder World
Interested in Magic Newton’s Crystal NFT mint? Join its Discord
For early access to the Agglayer’s metaverse game, Wilder World, sign up here
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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.