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Golden Ten Data reported that on July 1, Polygon founder Sandeep published data on the X platform stating that since 2026, Polygon has minted approximately 105.2 million new POL tokens, while the base fee mechanism has burned about 107.7 million POL tokens. The amount burned surpasses the amount issued, meaning the Polygon network has officially achieved annual net deflation. Sandeep added that the reduction in POL supply is mainly due to Polygon operating as a payment chain and accommodating high transaction volumes, which increases base fee burning. In May, Polygon processed more transactions than other public blockchains, with a single month transaction count reaching 198 million.

BlockBeats News, July 1st, according to Whale monitoring, Circle minted 250 million USDC on the Solana network today at 10:12 AM (UTC+8).

Glonghui, July 1｜U.S. digital content provider Shutterstock (SSTK.US) fell more than 27% in after-hours trading to $10.09; a certain exchange fell more than 15% to $0.73. According to reports, the exchange stated that, due to the UK competition regulator insisting on the sale of Shutterstock’s editorial business as a condition for approving the merger, the company has canceled its merger plan with Shutterstock.