Polygon Price Rises 12% Since 100M POL Burn — Can It Hold Above $0.11?
Key Highlights Polygon permanently burned 100 million $POL tokens—approximately 1% of total supply—worth roughly $10.22 million on September 23. $POL has surged nearly 12% since the burn, trading near $0.113, but faces immediate resistance at the $0.115 level. The burn introduces a community-governed, fee-funded mechanism linking future token removal directly to Polygon network activity. Polygon ...