POL (ex-MATIC)
Polygon co-founder Sandeep Nailwal announced 22 million POL tokens are lined up for a burn, about 0.20% of supply. This follows a previous burn of 100 million POL. Nailwal also hinted at the Open Money Stack's impact on POL, with details to come. The burns are powered by network fees, but no specific date or source for the next burn was provided.
Polygon (POL) burned 100 million tokens, reducing supply by 1%. POL's price has rebounded to around $0.11, with potential upside if it clears $0.115. Remittix, a crypto-to-bank payment platform, plans to launch its RTX token on November 24, 2026, after a $32 million presale.
Polygon's proof-of-stake chain generated $1.3M-$2.15M in network revenue over 30 days, with daily transactions of 5-6M. Year-to-date, it processed 1.83B transactions, earning $24.7M in fees. All base fees are burned, reducing POL supply. Polygon Labs acquired Coinme and Sequence for $250M, with stablecoin supply exceeding $3B.
Over the past 7 days, AlphAI's AI scored 1 news story mentioning POL-USD (POL (ex-MATIC)). Coverage has been balanced: 0 bullish, 1 neutral, and 0 bearish.
If burns recur as claimed, it reinforces a deflation narrative, but the article lacks on-chain confirmation details and timing.
Polygon (POL) burned 100 million tokens, reducing supply by 1%. POL's price has rebounded to around $0.11, with potential upside if it clears $0.115. Remittix, a crypto-to-bank payment platform, plans to launch its RTX token on November 24, 2026, after a $32 million presale.
Increased on-chain revenue and token burn may support POL price upside.
AlphAI scores every news story that mentions POL-USD with an AI model for sentiment and relevance, and aggregates insider trades from POL (ex-MATIC)'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Polygon co-founder Sandeep Nailwal announced 22 million POL tokens are lined up for a burn, about 0.20% of supply. This follows a previous burn of 100 million POL. Nailwal also hinted at the Open Money Stack's impact on POL, with details to come. The burns are powered by network fees, but no specific date or source for the next burn was provided.
5 min readPolygon (POL) burned 100 million tokens, reducing supply by 1%. POL's price has rebounded to around $0.11, with potential upside if it clears $0.115. Remittix, a crypto-to-bank payment platform, plans to launch its RTX token on November 24, 2026, after a $32 million presale.
2 min readPolygon's proof-of-stake chain generated $1.3M-$2.15M in network revenue over 30 days, with daily transactions of 5-6M. Year-to-date, it processed 1.83B transactions, earning $24.7M in fees. All base fees are burned, reducing POL supply. Polygon Labs acquired Coinme and Sequence for $250M, with stablecoin supply exceeding $3B.
2 min read
