Polygon POL extends rally ahead of fintech-focused rebranding strategy
Polygon’s price extended its rally for an eighth consecutive session as the network transitions toward payments powered by Open Money Stack and prepares for an expected rebrand targeting fintech companies and institutional clients.
Polygon’s native token continued climbing to its highest level since December 2, supported by a sharp increase in network activity and the company’s January 8 presentation of Open Money Stack (OMS) — a modular, chain-agnostic payments infrastructure designed to enable regulated, compliant stablecoin payments and modernize global money movement.
As part of this shift, Polygon is officially positioning itself as a payments company. A rebrand reflecting a fintech- and institution-focused strategy is expected in the coming weeks, while remaining compatible with existing financial systems and regulatory frameworks.
According to Nansen data, Polygon transactions increased by 20% over the past 30 days, surpassing 178 million. Active addresses rose 28% to more than 16 million, while network fees doubled to $1.7 million.
The surge in fees accelerated POL token burns, with the burn rate jumping to more than 5 million tokens this week. Token burning is designed to support price appreciation by reducing the circulating supply.
OMS, new partnerships, and token growth
On Wednesday, January 7, Polygon PoS recorded an all-time high for daily fees generated and burned. POL has gained 29% over the past week and was trading at $0.135 at the time of writing.
POL price dynamics over 7 days. Source: CoinMarketCap
While the full rollout of OMS is expected later this year, Polygon points to its existing network as proof of the system’s readiness. Supporting this view is the sharp rise in stablecoin supply to $3.3 billion by the end of 2025 — a three-year high — alongside major partnerships.
These include Polymarket, a leading prediction market platform recently valued at over $11 billion, as well as agreements with major fintech firms such as Stripe, Shift4 Payments, and Revolut.
As we wrote, Polygon trades flat as bullish momentum persists despite long-term resistance
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