POL’s 100M Burn: The Hidden Trigger Exposed

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Polygon [POL] moved through a narrow corridor of numbers, clinging to the stubborn line at $0.10 as if the air itself depended on it. The altcoin turned the page on its EMA20, a quiet sign that momentum might be stirring, or merely adjusting its coat in a draughty room.

At the moment of writing, POL stood at $0.108, a tidy 4.06% rise on the daily, as if a rumor had wandered through the market. A 17% jump in volume followed, the on-chain ledger rattling with more activity, like a crowd finally noticing the door to a long hallway.

Polygon burns 100M tokens

With POL’s upward thrust wavering, Polygon pressed its deflationary instrument into the market’s pressure, as if pruning a stubborn hedge to coax a bloom from dead winter.

According to the official ledger, a milestone has been burned into memory: 100 million POL. Burns, by their nature, shrink the circulating supply, chase away inflation, and pretend to promise a faster march upward for the asset.

Even more telling, a steady rhythm of token burns hints at higher fees and network revenue, signs of growing usage and a certain stubborn adoption.

As of this writing, Daily Fees and Revenue hover above $200k, with App Fees above $500k. When revenue climbs, it speaks of participation and genuine demand, or at least that is how the numbers like to be heard.

A network with sustained demand can lift its native token, perhaps nudging prices higher, though the doors of opportunity rarely slam shut with a single strike of a hammer.

Any impact on POL price action?

In the short run, the token burns have tended to nudge POL upward, rescuing it from the floor and giving a momentary sense of momentum.

Notably, the altcoin’s Stochastic RSI staged a bullish crossover and crept up to 88.27, while the signal line lingered near 88, stubborn as a sentinel watching the gate.

With Stoch at such heights, there is talk of strong upside, as demand enters the market like fresh troops at dawn. Yet the signal line’s stubborn positioning suggests the other side remains present-an army waiting to strike.

These conditions describe a fierce contest between bulls and bears for control of the deck. For a bullish takeover, POL buyers must force a daily close above EMA20 and EMA50 at $0.11, opening a path toward $0.12.

But if momentum proves transient and sellers cash in these modest gains, the coin would drift back toward $0.106.

Inflo remains elevated

Despite the ongoing token burns, inflation remains stubbornly elevated, a sign of continued sell pressure. Santiment’s data shows the Stock-to-Flow ratio sliding to 8.6 at press time.

A drop in SFR signals low scarcity and a swelling immediate supply, a recipe for pressure on the price as if the pantry were suddenly too full to close the door.

Even more so, the Exchange Supply Ratio surged to a monthly high of 0.003. When ESR rises, it hints that a sizable amount of Polygon has lately wandered onto exchanges, as if the market’s doors were left ajar.

Thus, sellers are more active than buyers on exchanges, adding strain to an already crowded stage. In such times, the market’s gravity tends to pull prices downward, even when the chorus of numbers promises otherwise.

100 million POL burned; inflation remains stubbornly elevated, a reminder that the wind does not always change direction with a single gust.

  • The daily chart shows a 4% uptick, POL crossing EMA20, hinting at a spark of short-term bullish momentum.

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    2026-02-21 14:25