Polygon POL Token Burn Fuels 12% Price Surge

By Michael FawnThe Polygon (POL) token has rallied by nearly 12% since September 23, 2026, when the network permanently removed 100 million tokens from circulation. This significant Ethereum scaling solution move, confirmed by Polygon Foundation CEO Sandeep Nailwal, aims to enhance scarcity for the digital asset.The burn effectively took approximately 1% of POL’s total supply out of circulation, valued at around $10.22 million at the time. The price climbed to about $0.113, prompting marke