Polygon founder Sandeep said the Polygon network has become net deflationary on a year-to-date basis in 2026, with more POL burned than newly minted. According to ChainCatcher, he posted on X that about 105.2 million POL were newly minted in 2026 year to date, while roughly 107.7 million POL were destroyed through the network’s base-fee burn mechanism.
Sandeep attributed the supply decline mainly to base-fee burns driven by high transaction volumes as Polygon operates as a payments-focused chain.
He also said Polygon’s transaction volume in May exceeded that of other public blockchains, with monthly transactions reaching 198 million.
Polygon Founder Sandeep Says POL Supply Turned Net Deflationary in 2026
2026-07-02 12:14:32
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
