Polygon Foundation CEO Sandeep Nailwal announced that 100 million POL tokens have been permanently burned, reducing the total supply by about 1%. This burn represents one out of every 100 POL tokens in circulation, potentially impacting token scarcity and value. The move signals Polygon's ongoing efforts to manage its token economy and could influence investor sentiment going forward.
Following the Polygon Foundation's announcement of burning 100 million POL tokens, Polygon's token price on Pluang is currently Rp1.807, down 7.43% over the past day as of Sep 24, 2026 10:41 WIB. The market cap stands at Rp19,39 trillion with a circulating supply of 10.6 billion POL tokens. Pluang users show a buying interest with 61% buy orders and a typical hold time of 75 days.
Polygon Foundation permanently burned 100 million POL tokens, about 1% of its total supply, completing a planned token reduction. The burn contract was made accessible for community members to trigger, reflecting a community-driven approach. CEO Sand...
Polygon Foundation CEO Sandeep Nailwal announced plans to permanently burn 100 million POL tokens, pending Security Council approval, to reduce supply and potentially increase token value. This move follows impressive revenue generation of $24.5 mill...
Polygon plans to permanently burn 100 million POL tokens following its network generating $24.5 million in revenue in 2026. The burn, about 1% of total POL supply, will be triggered by the community once final Security Council approval is granted. Th...
