Polygon's POL Holds Near $0.108 After 6.2% Rally on Doubled Volume
- —POL trades near $0.108, down 1.72% on the day
- —Yesterday's 6.2% gain came on volume 106% above the 30-day average
- —Polygon Foundation announced a 100 million POL burn on September 21
- —Network claims capacity of 11 million stablecoin payments per second
Why it matters: The 100 million POL burn would cut supply, but without confirmed causation the rally's durability hinges on macro conditions and yen weakness.
Source: DiarioBitcoin