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About Polygon PoS Bridged WETH (Polygon POS)
Analysis of 17 Feb 2026Polygon PoS Bridged WETH (Wrapped Ethereum) is trading near $1,989 as of February 17, 2026, tracking Ethereum which has pulled back below $2,000 amid broader market pressure. The token maintains a 1:1 peg with ETH on the Polygon PoS network.
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Despite price weakness, Polygon's on-chain metrics remain strong: daily transactions nearly doubled from 2.8 million in early 2025 to 5.3 million in January 2026, with daily active addresses reaching 1.4 million. The broader ecosystem holds $12.3 billion in TVL distributed across DeFi (38%) and Gaming/NFT (32%) sectors, with 1.89 million monthly active users.
Large wallet addresses have been accumulating ETH at these levels, signaling potential recovery. WETH remains the primary liquidity pair across Polygon DeFi protocols including Aave, Uniswap V3, and QuickSwap.
