Search results for "POL"
2026-03-02
02:22

Due to the increase in Polymarket trading activity, Polygon's POL burn volume in February reached a new all-time high

Odaily Planet Daily reports that Polygon's official X account announced that February's POL burn amount reached a record high, with a total of 28.2 million POL burned. Earlier reports indicate that February's trading volume for Polymarket, the most important application in the Polygon ecosystem and a prediction market, also hit a historic high.
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POL-1,57%
09:29

Can Polygon's price rebound to January's high? Stablecoin activity and application revenue may become key catalysts

On February 25, news, Polygon's price has fallen sharply by over 50% from its January 2026 high, reaching an annual low of $0.088 on February 11. The overall market correction and multiple support levels being broken for Bitcoin are closely related. Currently, POL is consolidating in the $0.100 to $0.115 range. According to DeFiLlama data, the total supply of stablecoins on the Polygon network has surged from $2.4 billion in early February to $3.26 billion, while the weekly revenue of DeFi applications on the network has increased by nearly 70%. The rise in activity and liquidity not only indicates an improvement in network health but may also attract more institutional capital into the market.
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BTC2,9%
POL-1,57%
08:52

Polygon burns 25.9 million POL: Supply tightens combined with on-chain capital inflow, is a price turning point coming?

Polygon announces the completion of a new round of token burns, permanently removing approximately 25.9 million POL, about 0.24% of the current circulating supply. The project team stated that if this pace continues, the total burn rate by the end of 2026 will approach 3%. This move is seen as an important step for Polygon to strengthen its token economy and tighten supply, aiming to gradually improve the long-term value structure of POL while network usage grows. However, the short-term market response remains cautious. Affected by the overall weakness in the crypto market, POL's price has fallen by about 6%, and trading volume has decreased to approximately $108 million, indicating a temporary cooling of trading activity. But this has not changed the trend of fundamental improvement. Polygon founder Sandeep Nailwal said on social media that there is a direct correlation between network activity and token value; the more frequently the PoS chain is used, the more POL is burned, and the supply will continue to tighten.
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POL-1,57%
11:44

Bitcoin fluctuates at high levels, DASH increases by 141% in one week, market trading remains sluggish

January 16 News, the cryptocurrency market experienced light trading on Friday, with all major CoinDesk indices showing gains or losses of less than 1% since midnight UTC. Bitcoin price remained above $94,500, maintaining stability after breaking out of the oscillation range since November last year. Zcash (ZEC) was reported at $411.83, APT at $1.7903, Polygon (POL) saw a slight decline, while privacy-focused payment coin Dash (DASH) continued its strong start to the year, rising over 15% since midnight, with a total increase of 141% over the past week.
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BTC2,9%
DASH2,88%
ZEC1,38%
APT4,33%
01:17

Berachain releases 2025 Year-End Summary: Focus on PoL and the "Bera Builds Businesses" strategy, promoting value to flow back to BERA

Odaily Planet Daily reports that Berachain has released a summary at the end of 2025, reviewing the annual progress and announcing plans for 2026. Data shows that the total PoL staked BERA exceeds 25 million tokens, with PoL income distributed to BGT/BERA holders exceeding $30 million; PoL supports a TVL of over $250 million, and the on-chain stablecoin scale exceeds $100 million. The team emphasizes reducing dependence on market sentiment and third parties, with the core goal of long-term value enhancement of BERA. Strategically, Berachain proposes “Bera Builds Businesses,” focusing on 3–5 high-confidence applications through internal incubation, mergers and acquisitions, or deep cooperation, combining PoL incentives, product, and engineering resources to directly benefit BERA and
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BERA-4,36%
HONEY2,26%
09:20

Polymarket drives Polygon fee revenue over $1.7 million, with over 12.5 million POL burned

ChainCatcher News, Castle Labs posted on X platform that since the beginning of this year, Polygon's protocol fee revenue has exceeded $1.7 million, and over 12.5 million POL tokens have been burned, worth more than $1.5 million. The main reason for the revenue increase is that Polymarket has started charging fees for its 15-minute prediction markets. In the past 24 hours, Polymarket has contributed over $100,000 in fees to Polygon.
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POL-1,57%
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