Crypto

Polygon CEO Calls for 100M POL Token Burn Amid Deflation

Guavy AI Editorial Team Published September 23, 2026

Instruments

MATIC POL

Polygon CEO Sandeep Nailwal is calling for a burn of 100 million POL tokens, roughly 1% of the supply. This comes after Polygon became deflationary this year.

The token's price is currently at $0.1, and the 4-hour chart shows the EMA50/EMA200 sitting at $0.1 with a MACD death cross.

Nailwal suggests triggering the burn from contract 0x455e53cbb86018ac2b8092fdcd39d8444affc3f6, which is equal to 100 million POL tokens.

The Wire

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