Polygon has launched sPOL, a liquid staking token, enabling greater liquidity for staked POL tokens. Audited for security, sPOL allows stakers to earn rewards while using assets in DeFi, with initial liquidity from the treasury and live pools on Uniswap V4.

Polygon has launched sPOL, a liquid staking token for POL that increases yields for stakers and unlocks 3.6 billion staked POL. It facilitates DeFi engagement, allowing users to migrate existing stakes without penalties and accumulate rewards. Despite its benefits, sPOL carries associated risks.

Polygon announces that the Giugliano hard fork will be activated on April 8, aiming to improve transaction confirmation speed and fee transparency, and support high-throughput payments and tokenized assets. The upgrade will embed fee parameters into the block header and roll out new RPC endpoints to optimize the developer experience. In addition, this upgrade is a major improvement for Polygon after experiencing multiple issues; despite market expectations, the POL token is still down by nearly 5%.

Polygon has recently experienced a rebound of approximately 4%, driven by attention from a new fee allocation proposal. If passed, it would benefit 33,000 delegators and enhance network security. Meanwhile, DeFi project Katana will launch token distribution on March 18, promoting community participation. The market is anticipating changes in POL demand.

Odaily Planet Daily reports that Polygon's official X account announced that February's POL burn amount reached a record high, with a total of 28.2 million POL burned. Earlier reports indicate that February's trading volume for Polymarket, the most important application in the Polygon ecosystem and a prediction market, also hit a historic high.

On February 25, news, Polygon's price has fallen sharply by over 50% from its January 2026 high, reaching an annual low of $0.088 on February 11. The overall market correction and multiple support levels being broken for Bitcoin are closely related. Currently, POL is consolidating in the $0.100 to $0.115 range. According to DeFiLlama data, the total supply of stablecoins on the Polygon network has surged from $2.4 billion in early February to $3.26 billion, while the weekly revenue of DeFi applications on the network has increased by nearly 70%. The rise in activity and liquidity not only indicates an improvement in network health but may also attract more institutional capital into the market.

ChainCatcher message: According to Arkham data, at 14:38, 56,989,100 POL (worth approximately $5,075,600) was transferred from an anonymous address (starting with 0xBdB9...) to FalconX.

Polygon announces the completion of a new round of token burns, permanently removing approximately 25.9 million POL, about 0.24% of the current circulating supply. The project team stated that if this pace continues, the total burn rate by the end of 2026 will approach 3%. This move is seen as an important step for Polygon to strengthen its token economy and tighten supply, aiming to gradually improve the long-term value structure of POL while network usage grows. However, the short-term market response remains cautious. Affected by the overall weakness in the crypto market, POL's price has fallen by about 6%, and trading volume has decreased to approximately $108 million, indicating a temporary cooling of trading activity. But this has not changed the trend of fundamental improvement. Polygon founder Sandeep Nailwal said on social media that there is a direct correlation between network activity and token value; the more frequently the PoS chain is used, the more POL is burned, and the supply will continue to tighten.

January 16 News, the cryptocurrency market experienced light trading on Friday, with all major CoinDesk indices showing gains or losses of less than 1% since midnight UTC. Bitcoin price remained above $94,500, maintaining stability after breaking out of the oscillation range since November last year. Zcash (ZEC) was reported at $411.83, APT at $1.7903, Polygon (POL) saw a slight decline, while privacy-focused payment coin Dash (DASH) continued its strong start to the year, rising over 15% since midnight, with a total increase of 141% over the past week.

Polygon Foundation announces the official launch of Proposal PIP-69, where validator share tokens are displayed as dPOL at a 1:1 ratio to improve wallet visibility, expand the utility of staked POL, and dPOL has ERC-20 functionality to simplify the creation of liquid staking tokens.