Polymarket usage up 100x, Polygon price down -90%
This tells us 3 things:
1) as long as you’re building sth with proper product market fit and abstracted UX, the ecosystem shouldn’t matter
2) underlying chains don’t accrue the value of the applications built on top
3) infra is dead, long live actual use cases
BIG UPDATE: 100M POL ready to be permanently BURNED.
Polygon is printing revenue. $24.5m YTD. We are deploying a change that lets anyone in the community trigger its burn.
2026YTD Revenue
Super happy about $NEAR and $ARB getting much deserved love, but in terms of revenue, my analyst at ChatGPT says:
ethereum:0x455e53cbb86018ac2b8092fdcd39d8444affc3f6 : 24.5mn
$ARB : $8.41m (Includes the trailblazing Robinhood chain)
$NEAR : $5.6m (Includes the now legendary Near Intents)
ethereum:0x455e53cbb86018ac2b8092fdcd39d8444affc3f6 is 3x revenue of $ARB, 5x of $NEAR.
I hope the market gods will shower their smiles on ethereum:0x455e53cbb86018ac2b8092fdcd39d8444affc3f6 community too someday.
BTW huge kudos and love to both @NEARProtocol and @arbitrum teams and communities (Forgive me for this bad cope on ethereum:0x455e53cbb86018ac2b8092fdcd39d8444affc3f6 missing out of the rally till now 😥😥)
Anyways, the contracts are on testnet, after the final Security Council signatures, they go to mainnet.
Then anyone can trigger the first burn, permanently burning the 100M POL instantly. Post that every quarter, anyone from the community would be able to burn ethereum:0x455e53cbb86018ac2b8092fdcd39d8444affc3f6 from the supply
Since January 2026, POL has been deflationary and the network is still getting hammered with activity…payments, trades, consumer apps, everything. We have scaled 10x to 5k TPS and multiple earth shattering updates are coming on the TPS front.
Every base fee adds POL to the collector. it has reached 121M POL. It's your time to burn 100M! 🔥