Polygon POL Burn: 100M Tokens Set for Permanent Removal as Revenue Hits $24.5M
TLDR: Polygon plans to permanently burn 100M POL after final Security Council approval for mainnet. The collector contract holds 121M POL generated through network base fees from user activity. Polygon reported $24.5M in 2026 revenue, ahead of figures cited for Arbitrum and NEAR. POL trades near $0.104 as Bitcoin-led market strength supports the broader crypto [...]
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Source: Source: Blockonomi