Mastercard chooses Polygon to kill wallet addresses — but POL keeps bleeding

ambcryptoPublicado a 2025-11-18Actualizado a 2025-11-19

Key Takeaways

What has Mastercard chosen Polygon for?

Mastercard tapped Polygon to power verified usernames for self-custody wallets through its Crypto Credential system.

What is POL’s price outlook despite the partnership?

POL remains under bearish pressure and could drop to $0.13 unless new demand lifts it back toward $0.16.

With institutional acceptance of crypto and Web 3 on the rise, Mastercard has joined the bandwagon, expanding its crypto credential to self-custody wallets.

A month ago, Mastercard announced the creation of a self-custody Web3 card that allows worldwide users to retain custody, in collaboration with Polygon Labs and Mercuryo.

Mastercard moves to self-custody wallets

According to official reports, Mastercard has picked Polygon [POL] to power its system that allows users to send crypto to verified usernames.

Thus, users will use usernames instead of commonly used long wallet addresses.

Mercuryo will be the initial issuer, onboarding verified users, and allowing for the creation of Mastercard Crypto Credential aliases.

According to Polygon, with Mastercard Crypto Credentials, users can onboard once, receive a verified username, link a wallet, and access their assets.

The introduction of this feature aims to reduce transfer errors and make crypto tools and their usage easier for all users.

Will this boost Polygon’s usage?

These developments have arisen at the right time, as Polygon’s network activity has been recovering from a recent decline.

The chain’s Active Addresses have bounced back, reclaiming the 1 million mark, to 1.19 million as of this writing. At the same time, Transactions also reclaimed 5 million, hitting a high of 5.39 at press time.

Polygon active addresses and transactions

Source: Defillama

With the partnership with Mastercard, the chain’s network activity is expected to rise even further. This is because Polygon’s integration into Mastercard’s stack exposes the chain to millions of potential users.

Therefore, we could see the chain record more transactions backed by an increased number of active addresses.

What about POL?

Surprisingly, the recent announcement has yet to have a positive impact on POL’s price action. In fact, at press time, POL traded at $0.145, down 3.24% on daily charts.

Amid this decline, the token has held below its Moving Averages (MA) since it made a death cross three weeks ago, reflecting intense bearish pressure.

Source: TradingView

Coupled with that, the positive index of Directional Movement Index (DMI) has declined consistently, hitting a low of 9 at press time.

These market conditions suggest total bear dominance, positioning POL for further losses. If the trend continues, the token will drop to $0.13.

However, if Mastercard brings fresh demand, it will boost POL up to reclaim $0.16.

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Cómo comprar POL

¡Bienvenido a HTX.com! Hemos hecho que comprar Polygon Ecosystem Token (POL) sea simple y conveniente. Sigue nuestra guía paso a paso para iniciar tu viaje de criptos.Paso 1: crea tu cuenta HTXUtiliza tu correo electrónico o número de teléfono para registrarte y obtener una cuenta gratuita en HTX. Experimenta un proceso de registro sin complicaciones y desbloquea todas las funciones.Obtener mi cuentaPaso 2: ve a Comprar cripto y elige tu método de pagoTarjeta de crédito/débito: usa tu Visa o Mastercard para comprar Polygon Ecosystem Token (POL) al instante.Saldo: utiliza fondos del saldo de tu cuenta HTX para tradear sin problemas.Terceros: hemos agregado métodos de pago populares como Google Pay y Apple Pay para mejorar la comodidad.P2P: tradear directamente con otros usuarios en HTX.Over-the-Counter (OTC): ofrecemos servicios personalizados y tipos de cambio competitivos para los traders.Paso 3: guarda tu Polygon Ecosystem Token (POL)Después de comprar tu Polygon Ecosystem Token (POL), guárdalo en tu cuenta HTX. Alternativamente, puedes enviarlo a otro lugar mediante transferencia blockchain o utilizarlo para tradear otras criptomonedas.Paso 4: tradear Polygon Ecosystem Token (POL)Tradear fácilmente con Polygon Ecosystem Token (POL) en HTX's mercado spot. Simplemente accede a tu cuenta, selecciona tu par de trading, ejecuta tus trades y monitorea en tiempo real. Ofrecemos una experiencia fácil de usar tanto para principiantes como para traders experimentados.

290 Vistas totalesPublicado en 2024.12.11Actualizado en 2025.03.21

Discusiones

Bienvenido a la comunidad de HTX. Aquí puedes mantenerte informado sobre los últimos desarrollos de la plataforma y acceder a análisis profesionales del mercado. A continuación se presentan las opiniones de los usuarios sobre el precio de POL (POL).