Polygon’s POL token has gained nearly 12% since the network permanently burned 100 million tokens on September 23. The tokens, worth about $10.22 million at the time, came from network fees accumulated in Polygon’s fee-collection system, and the burn represented roughly 1% of POL’s total supply. Polygon Foundation CEO Sandeep Nailwal confirmed the transaction. A token burn permanently removes assets from circulation, potentially increasing scarcity if demand remains steady or rises, but the reduction does not guarantee further price gains. The process also allows the community to trigger future fee-funded burns, linking supply reductions more closely to network activity. POL was trading near $0.113 at the time of writing, up about 11.6% from its level around the burn date. It briefly reached $0.11497 but failed to hold above $0.115, making that level the nearest test for buyers. A break above $0.115 could open a path toward $0.12, although the $0.12-$0.125 region may be more difficult because of a sharp rejection earlier in September. Holding above $0.11 would support the recovery, which has also moved POL above several price averages that previously restricted it. On a decline, the first area to watch is $0.107-$0.110; losing that range could send the token toward $0.102, near the starting point of the latest post-burn advance. POL still needs sufficient demand to defend its recent gains.