Topic Archive

#POL token

5 Stories Found

Coins•Oct 30, 2026

Polygon Lifetime Transactions Reach 8.3 Billion, Matching World Population, Chainspect Data Shows

Key Highlights: Polygon’s Proof-of-Stake (PoS) chain has recorded over 8.14 billion total transactions with more than 79 million contracts deployed, maintaining an average fee of approximately $0.02. While the cumulative transaction count nears the current estimated global population of 8.32 billion, the figure measures overall throughput rather than individual user adoption. Despite notable metrics—including 743 ...

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Coins•Sep 26, 2026

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 ...

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Coins•Sep 20, 2026

Polygon to Permanently Burn 100 Million POL Tokens

Key Highlights Polygon Foundation CEO Sandeep Nailwal announced a permanent burn of 100 million $POL tokens, with the contract already deployed to testnet and pending Polygon Security Council signatures for mainnet launch. The one-time burn draws from a fee collector holding roughly 121 million $POL, and the community will be able to continue quarterly burns ...

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Coins•Sep 19, 2026

Polygon to Burn 100M POL as Revenue Hits $24.5M, Token Impact Uncertain

Key Highlights Polygon Foundation CEO Sandeep Nailwal announced a plan to permanently burn 100 million $POL tokens, representing approximately 1% of the circulating supply, pending Security Council approval. The burn mechanism is fueled by protocol revenue that reached $24.5 million year-to-date, with DeFiLlama data confirming annual revenue crossing $25 million—a two-year high. $POL price surged ...

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Coins•Sep 18, 2026

Polygon to Conduct Permissionless Burn of 100 Million POL

Key Highlights Polygon Foundation CEO Sandeep Nailwal announced a permissionless contract to burn 100 million POL tokens—approximately 83% of the base-fee collector’s current 121 million token balance—with the first burn executing immediately upon mainnet deployment. The one-time burn represents roughly 0.93% of the current 10.716 billion POL total supply and less than 1% of the ...

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