Polygon Network Token

24h change: -0.26%. From $0.0761 to $0.0759.

• Sandeep Nailwal announced that Polygon burned 107 million POL tokens in 2026. This exceeds tokens newly minted from staking rewards. Burns stem from base fees generated by strong transaction volumes, especially payments. The shift tightens circulating supply and reflects genuine utility growth that you can observe through network metrics.
• Payment volumes on platforms like Paxos and Rio nearly doubled from May to June 2026. This indicates expanding real-world use for stablecoins and transfers. Strong on-chain metrics have not yet driven POL price appreciation. The trend shows network utility increasing even as token trading remains subdued.
• Polygon Labs promotes the Open Money Stack for regulated, borderless stablecoin payments and settlement. CEO Marc Boiron discussed its thesis in recent podcasts and updates. POL powers staking, governance, and value accrual in this payments-focused model. It aims to connect on-chain activity directly to benefits for token holders and ecosystem growth.

24h change: +0.18%. From $0.0758 to $0.076.

• The network has burned 107 million POL tokens in 2026 so far. This exceeds new tokens minted from staking rewards by a small margin, driven by base fees from high payments activity. The development ties token economics more closely to real usage and reduces circulating supply over time. It reflects the success of upgrades that increase fee generation without proportional inflation.
• The network processed approximately $80 billion in stablecoin volume during May 2026 with 198 million transactions. It topped other blockchains including Solana and BNB Chain that month. Mastercard integration allows settlement of card transactions using regulated stablecoins on Polygon. Cumulative volume now exceeds $2.4 trillion, highlighting real-world payments adoption.
• Polygon chain now supports 5,000 payments per second at low cost. Credible has surpassed $152 million in total payments volume on the network. Uquid integration enables one-click crypto checkout across more than 178 million products. These steps advance the Open Money Stack vision for enterprise onchain payments and stablecoin use.

24h change: -0.58%. From $0.074 to $0.0736.

• Polygon processed approximately 80 billion dollars in stablecoin volume during May 2026 and recorded 198 million stablecoin transactions. Cumulative stablecoin volume on the network now exceeds 2.4 trillion dollars. The chain also hit all-time high transaction counts in Q2 with 743 million transactions, up 160 percent year over year. These figures highlight its emergence as a key settlement layer for payments especially in emerging markets.
• POL hit an all-time low near 0.07 dollars in early July 2026. This marks a decline of more than 94 percent from its all-time high near 1.29 dollars. On-chain activity including stablecoin usage and transaction volumes continues to reach new highs. Analysts point to a divergence between token price performance and growing network utility.
• Recent network upgrades including Heimdall v0.9.0 and Bor improvements have enabled support for 5000 payments per second. New integrations such as Uquid for one-click crypto checkout and the Chain Development Kit for custom blockchains expand capabilities. Focus on the Open Money Stack and enterprise adoption continues. These technical advances position the network for broader real-world payments use.

24h change: +1.27%. From $0.0728 to $0.0737.

• The Polygon network burned approximately 107.7 million POL tokens in 2026 while minting about 105.2 million, resulting in a net reduction in supply. This shift follows network upgrades that burn base fees generated from high transaction activity, particularly in payments. Founder Sandeep Nailwal highlighted the development, noting strong on-chain usage with Polygon leading public blockchains in monthly transactions. The change reduces circulating supply and reflects growing utility as a payments-focused chain.
• Exchanges including Bybit and Binance paused deposits and withdrawals in late June and early July 2026 to support Polygon hard forks and upgrades at specific block heights. These updates enhance network functionality following the POL migration from MATIC and align with broader scaling efforts like AggLayer integration. The changes contribute to improved economics, including fee burns that support the deflationary trend. Users needed to complete transfers before the scheduled maintenance windows.
• Polygon processed leading transaction volumes among public blockchains, including $80 billion in stablecoin volume in one month and 198 million transactions in May 2026. The network positions itself as infrastructure for global payments with low fees around $0.002 and focus on regulated on-chain money movement. This activity directly contributes to POL burns through base fees. Developments like the Open Money Stack and AggLayer aim to scale further toward gigagas throughput for AI agents and micropayments.

24h change: +2.29%. From $0.0712 to $0.0728.

• Bybit and other exchanges are temporarily suspending POL deposits and withdrawals to support the upgrade expected at approximately 14:10 UTC on July 2 at block height 89531000. The upgrade is a technical hard fork that does not affect trading. It forms part of ongoing improvements to the chain as Polygon scales its payments and stablecoin capabilities.
• The network recorded 743.5 million transactions in Q2 2026, its highest quarterly total. This activity aligns with Polygon's pivot toward payments infrastructure, including support for 5,000 payments per second. One integration recently surpassed 152 million dollars in total payments volume on the chain. These developments show growing real-world usage.
• Polygon recently burned 7.38 million dollars worth of POL tokens, pushing the network into a net deflationary state based on current activity levels. This ties into broader token economics as the chain generates revenue from payments and stablecoin usage. Analysts note that higher transaction volumes could further strengthen these mechanics without relying on inflation.