Polygon (Old)

Burn

<h2 id="span-style-font-size-16px-foundation-announces-plan-to-retire-100m-tokens-span">Foundation Announces Plan to Retire 100M Tokens</h2>
Polygon news today centres on a planned 100M POL burn announced September 18, 2026. Foundation CEO Sandeep Nailwal <a href="https://x.com/sandeepnailwal/status/2100998914820464670?s=20" rel="noopener noreferrer nofollow">shared the update on X</a> at 10:52 PM IST. He said 100M POL is ready to be permanently burned.
The post says the contracts sit on testnet, a practice version of the blockchain. After final Security Council signatures, they move to mainnet, the live network.
<h2 id="span-span-style-font-size-16px-how-any-community-member-can-trigger-the-burn-span-span">How Any Community Member Can Trigger the Burn</h2>
Once the contracts reach mainnet, anyone can trigger <a href="https://www.coingabbar.com/en/crypto-blogs-details/crypto-token-burn-explained" rel="noopener noreferrer nofollow">the first burn</a>. That action removes 100M tokens from supply for good.
After that, any community member can trigger a burn each quarter. In Polygon news today, this means no single team sets the timing.
<h3 id="span-span-style-font-size-16px-the-steps-run-in-this-order-span-span">The steps run in this order:</h3>
<ul>
 <li>Testnet: contracts run on testnet now</li>
 <li>Approval: final Security Council signatures</li>
 <li>Launch: move to mainnet</li>
 <li>First action: any user triggers the 100M removal</li>
 <li>Later: quarterly removals open to the community</li>
</ul>
The post also mentions a collector that gathers POL from fees. Every base fee, meaning the minimum charge per transaction, adds POL to it. The collector has reached 121M POL, according to the post.
The post adds that POL has been deflationary since January 2026, meaning supply shrinks. Nailwal also said the chain has scaled 10x to 5k TPS, meaning transactions per second.
<img alt=" Polygon news today official X post" src="https://d3iuzwoiyg9qa8.cloudfront.net/webadmin/storage/public/commonEditerImage/LQgcU2p3whbJ1TaVjIL1jbd3sv55St6jkyDDaCUP.png" width="300" title=" Polygon news today official X post">
Source:<a href="https://x.com/0xPolygon/status/2101006522419445945?s=20" style="font-size: 16px; background-color: rgb(255, 255, 255)" rel="noopener noreferrer nofollow">Official X Post</a>
<h2 id="span-span-style-font-size-16px-revenue-figures-shared-against-arbitrum-and-near-span-span">Revenue Figures Shared Against Arbitrum and NEAR</h2>
Polygon news today also includes a revenue comparison that Nailwal shared with two other tokens.
<table>
 <colgroup>
 <col width="114">
 <col width="159">
 <col width="200">
 </colgroup>
 <tbody>
 <tr>
 <td>Token</td>
 <td>2026 revenue so far</td>
 <td>Note</td>
 </tr>
 <tr>
 <td>POL</td>
 <td>$24.5M</td>
 <td>Network total</td>
 </tr>
 <tr>
 <td>ARB</td>
 <td>$8.41M</td>
 <td>Includes the Robinhood chain</td>
 </tr>
 <tr>
 <td>NEAR</td>
 <td>$5.6M</td>
 <td>Includes Near Intents</td>
 </tr>
 </tbody>
</table>
The post says its total is 3x <a href="https://www.coingabbar.com/en/arbitrum-news-arb-price-surge-10-dollar-target-2030" rel="noopener noreferrer nofollow">that of ARB</a> and 5x that of NEAR. YTD means year to date, so the figures cover 2026 only. The comparison covers revenue only, not profit or costs.
<h2 id="span-span-style-font-size-16px-ston-fi-adds-a-cross-chain-route-from-ton-span-span">STON.fi Adds a Cross-Chain Route From TON</h2>
<a href="https://x.com/ston_fi/status/2100890368988356858?s=20" rel="noopener noreferrer nofollow">STON.fi posted a</a> cross-chain travel guide on September 18, 2026, at 3:41 PM IST. Cross-chain means moving assets between different blockchains.&nbsp;
The guide says users now have a simple route from TON and other supported networks. It likens TRON to <a href="https://www.coingabbar.com/en/crypto-currency-news/stablecoin-news-us-bank-usbdc-stellar" rel="noopener noreferrer nofollow">a stablecoin</a> terminal and this chain to a city beside Ethereum.
<h3 id="span-span-style-font-size-16px-the-guide-highlights-these-traits-span-span">The guide highlights these traits:</h3>
<ul>
 <li>EVM compatibility, short for Ethereum Virtual Machine</li>
 <li>Lower transaction costs</li>
 <li>Apps, payments, DeFi, <a href="https://www.coingabbar.com/en/prediction-market-news-2026-growth-risks-and-regulatory-shift" rel="noopener noreferrer nofollow">prediction markets</a>, and RWA activity</li>
</ul>
DeFi means decentralized finance, and RWA means real-world assets. The project's account reposted the guide at 1:33 AM IST on September 19.&nbsp;
Its caption invites TON and TRON users to go cross-chain. This route adds another item to Polygon news today.
<img alt="Polygon Official X Post" src="https://d3iuzwoiyg9qa8.cloudfront.net/webadmin/storage/public/commonEditerImage/NuPZBpUzoMaI6PwNm2NviscbxZCHZcyZyhePDyEq.png" width="300" title="Polygon Official X Post">
Source: <a href="https://x.com/0xPolygon/status/2101039454936875051?s=20" style="font-size: 16px; background-color: rgb(255, 255, 255)" rel="noopener noreferrer nofollow">X Post</a>
<h2 id="span-span-style-font-size-16px-pol-price-snapshot-on-september-19-span-span">POL Price Snapshot on September 19</h2>
The Polygon price stood near $0.1043 on CoinMarketCap on September 19, 2026, up 4.42% in 24 hours. Readers following <a href="https://www.coingabbar.com/en/crypto-news-market-rises-bitcoin-ethereum-price-up-today" rel="noopener noreferrer nofollow">crypto news today</a> may note the 8.45% rise in volume.
<table>
 <colgroup>
 <col width="162">
 <col width="141">
 </colgroup>
 <tbody>
 <tr>
 <td>Metric</td>
 <td>Value</td>
 </tr>
 <tr>
 <td>Price</td>
 <td>$0.1043</td>
 </tr>
 <tr>
 <td>24-hour change</td>
 <td>+4.42%</td>
 </tr>
 <tr>
 <td>Market cap</td>
 <td>$1.11B</td>
 </tr>
 <tr>
 <td>24-hour volume</td>
 <td>$178.69M</td>
 </tr>
 <tr>
 <td>Rank</td>
 <td>#59</td>
 </tr>
 <tr>
 <td>Circulating supply</td>
 <td>10.71B POL</td>
 </tr>
 <tr>
 <td>Holders</td>
 <td>253.27K</td>
 </tr>
 </tbody>
</table>
Fully diluted valuation, the value if all tokens circulate, also stands at $1.11B. The 24-hour chart showed a low near $0.0999 and a high near $0.107.
<img alt="CoinMarketCap Chart Showing Polygon Price" src="https://d3iuzwoiyg9qa8.cloudfront.net/webadmin/storage/public/commonEditerImage/eSNKLzT8ZokxCo80GiAZbx8603W0a9TtRuDIRcf6.png" width="300" title="CoinMarketCap Chart Showing Polygon Price">
Source: <a href="https://coinmarketcap.com/currencies/polygon-ecosystem-token/#Chart" style="font-size: 16px; background-color: rgb(255, 255, 255)" rel="noopener noreferrer">CoinMarketCap Chart</a>
Note: Prices can change quickly, so figures may not reflect the latest value. Readers should check a live price tracker for current data.
<h2 id="span-span-style-font-size-16px-expert-take-reading-the-burn-against-supply-span-span">Expert Take: Reading the Burn Against Supply</h2>
The plan looks modest against total supply. It equals about 0.93% of the 10.71B circulating supply, or roughly $10.4M at the price above.
Several points deserve care:
<ol>
 <li>The community trigger reduces reliance on one team action</li>
 <li>Revenue figures are self-reported and not audited</li>
 <li>Simple division gives about 4.4x for NEAR, not the 5x stated</li>
 <li>Timing depends on final signatures and the mainnet release</li>
</ol>
Polygon news today shows a plan that is clear in design but unfinished.
<h2 id="span-span-style-font-size-16px-what-to-watch-next-and-final-take-span-span">What to Watch Next and Final Take</h2>
<a href="https://www.coingabbar.com/en/polygon-price-prediction-trapped-below-010-29-trillion" rel="noopener noreferrer nofollow">Polygon news</a> today will next hinge on three checkpoints. They are the mainnet launch, the first 100M removal, and later quarterly burns. Readers can follow official project channels for confirmed updates.
Until the contracts go live, the plan stays an announcement. For Polygon news today, on-chain data will confirm or reject these claims.
YMYL Disclaimer: This article is for educational and informational purposes only. It is not financial advice, a price prediction, or a guarantee of returns. Crypto assets carry risk, so readers should do their own research.

Polygon News Today: Will POL Price Hold $0.1043 After 100M Burn Plan?

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