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 rally.
Polygon is preparing to permanently burn 100 million POL tokens after its network generated $24.5 million in 2026 revenue. The planned burn represents about 1% of POL’s total supply and targets tokens held by a collector contract.
Polygon CEO Sandeep Nailwal said the contracts are currently on testnet pending final Security Council signatures.
The collector contract currently holds 121 million POL generated through network base fees. Once approved for mainnet, anyone in the community will be able to trigger the initial 100 million POL burn.
The proposal adds a new mechanism to Polygon’s existing token economics. It also comes as Polygon reports rising network activity and continued deflationary conditions.
Polygon POL Nurn Moves closer to Mainnet
The planned Polygon POL burn will permanently remove 100 million tokens from circulation. These tokens cannot return to the market after the burn transaction executes.
Polygon collects POL through network base fees paid when users execute transactions. Those fees flow into the collector contract, which has accumulated 121 million POL.
After the required Security Council approvals, the contracts will move from testnet to mainnet. Anyone can then initiate the first burn without requiring Polygon to manually execute it.
The mechanism will also operate quarterly after the initial burn. Community members will be able to trigger subsequent POL burns as eligible tokens accumulate.
Nailwal said POL has remained deflationary since January 2026. He also said Polygon has continued handling significant activity across payments, trading, and consumer applications.
Polygon has scaled its network to 5,000 transactions per second, according to Nailwal. The planned burn therefore connects token supply mechanics directly with ongoing network activity.
POL Revenue Reaches $24.5M as Token Market Reacts
Polygon reported $24.5 million in revenue year-to-date during 2026. Nailwal compared that figure with $8.41 million for Arbitrum and $5.6 million for NEAR.
Those figures place Polygon’s reported revenue at roughly three times Arbitrum’s level. They also put it at roughly five times NEAR’s reported figure.
The revenue figures cited by Nailwal include specific activity within the other networks. Arbitrum’s figure includes the Robinhood chain, while NEAR’s figure includes Near Intents.
POL was trading at $0.104 after gaining 3.98% over 24 hours, according to CoinMarketCap data provided. The move closely tracked a broader market rally led by Bitcoin.
The provided CoinMarketCap analysis attributed POL’s move primarily to its strong beta correlation with Bitcoin. It cited regulatory optimism and easing macro concerns behind Bitcoin’s strength.
No clear POL-specific catalyst was identified in that market data. However, the planned burn provides a separate token-supply development for traders monitoring POL.
An analyst, @venturefounder, sees POL potentially moving toward $0.17. The same analyst also expects a possible return toward CoinMarketCap’s top-40 ranking.
Those targets remain analysis rather than confirmed outcomes. Traders can instead monitor whether POL holds the $0.10 level during the current market move.
A sustained move above that level could keep $0.11 in focus. A break below $0.10 could expose the token to a pullback toward $0.095.
The core mechanism is straightforward: Polygon collects POL through base fees, stores those tokens, then permanently removes them quarterly. Hence, the 100 million POL burn will reduce the collector balance and establish a recurring community-triggered supply reduction.
