Ethereum News Today: Polygon Burns 100 Million POL While Pepeto and ETH Eye a Breakout Week 09-19-2026 10:23 PM CET | Business, Economy, Finances, Banking & Insurance
Press release from: TOKENWIRE / PR Agency: https://www.tokenwire.io
The ethereum news cycle just shifted from fear to action, and the timing matters. Polygon said on September 19 it will burn 100 million POL tokens in one move. The project earned $24.5 million this year, three times what Arbitrum made, per KuCoin Flash. ETH pushed past $2,635 on CoinMarketCap that same day, as $470 million in shorts got wiped.
A supply burn plus a price jump is how money starts to move. While ethereum news covers the big names, one presale keeps showing up in early buyer searches. That name is Pepeto ( https://pepetocoin.com ) , past $11 million raised, with a live exchange and a Binance listing on the way.
What is driving ethereum news this week?
Polygon CEO Sandeep Nailwal said on September 19 that a new contract is live on testnet, per CryptoBriefing. Once the council signs off, anyone can trigger the burn. It wipes out 83% of the 121 million POL sitting in the fee pool. Revenue hit $24.5 million this year alone, per KuCoin, five t...