Polymarket’s 15-minute market permits customers to wager on short-term “up or down” value actions of main cryptocurrencies, inflicting a surge in exercise on the Polygon blockchain and incurring hefty community charges.
These markets are identified to be resolved each quarter-hour primarily based on Chainlink value feeds, making them fast-paced and interesting to high-frequency merchants and arbitrage methods.
In keeping with fort labPolygon has skilled explosive progress this 12 months. For the reason that begin of the 12 months, the chain has reportedly generated greater than $1.7 million in charges and spent greater than 12.5 million POLs, or greater than $1.5 million.
Why will Polygon’s charge era improve in 2026?
The primary motive for Polygon’s charge improve is expounded to Polymarket’s launch of 15-minute market charges every week in the past. reported Written by Cryptopolitan.
In keeping with a Fort Labs report, Polymarket earned over $100,000 in charges for Polygon previously 24 hours.
The charges set by Polymarket on the 15-minute market additionally triggered gasoline costs to rise. Nonetheless, this was managed with the Dandeli exhausting fork, which went reside with block 81,424,000, rising the chain’s throughput to twenty mgas/s.
The rise in on-chain capability is predicted to make sure the community can deal with surges in exercise with extra predictable gasoline costs. An evaluation of chain-wide P2P transaction volumes reveals that Polygon at the moment leads the micropayments class with a 37% market share.
Nonetheless, in different classes, together with small, medium, and huge funds, the share remains to be concentrated in Ethereum. Constructing on the present hype, Polygon plans to accomplice with suppliers akin to Revolut, Stripe, Flutterwave, and Decard to facilitate stablecoin transactions and on-chain financial exercise.
All that is reportedly a part of Polygon’s Open Cash Stack, which targets more cash on-chain purposes and simpler spending, so the off-ramp will probably be non-compulsory reasonably than required.
Because the chain continues to evolve and construct out use circumstances past cryptocurrencies, and as Polygon’s paper is deployed on Agglayer and Open Cash Stack, extra sources like Polymarket are anticipated to additional contribute to the chain’s progress and produce it again from the brink of obscurity.
What’s Polygon’s Open Cash Stack?
In keeping with an extended article by Polygon Lab CEO Marc Boiron: Posted With X, Polygon’s Open Cash Stack is a complete ecosystem designed to help the whole on-chain migration of the world’s monetary system.
Within the article, the authors level out that regardless that the Web has freed up info, monetary transactions are nonetheless severely constrained by geography, time, and infrastructure. They declare Polygon goals to vary this by making fund transfers “unrestricted and programmatic,” shifting from sluggish and costly legacy techniques to sooner and extra dependable techniques.
Open Cash Stack is an built-in expertise suite designed to make blockchain invisible to finish customers, that includes on-chain utilities akin to high-performance blockchain rails, simplified on/off ramps mixed with cross-chain interoperability, superior pockets infrastructure, and high-yield alternatives.
Though the general migration timeline may take 10 years, Polygon is assured that the protocols that outline this class will probably be established inside the subsequent three years.
Within the coming weeks, Polygon Labs plans to launch a number of initiatives centered on funds, compliance, and on-chain cash primitives to advance from imaginative and prescient to execution.
