Polygon token holders are demanding clarity on whether they will benefit from Polygon Labs’ pivot to a for-profit payments company. Holder Just Hopmans noted that POL is roughly 98% below its all-time high and holders have no equity or claim on future profits. Polygon Labs CEO Marc Boiron stated the transition aims to ensure profitability by 2027. Meanwhile, Polygon’s stablecoin transfer volumes hit a record $106 billion in 2025, but its market share in the stablecoin settlement sector dropped from 1.54% to 0.72% since 2023, as competitors like Solana and Base gained ground.
The community of Polygon holders is pressing for clarity on whether the recent Polygon Labs profitability push will benefit them. Token holder Just Hopmans stated, “Polygon Labs is becoming a for-profit payments company, while POL is roughly 98% below its ATH. Holders have no equity in Polygon Labs and no claim on its future profits.”
He further asked how the company’s success will create value for POL and the network. POL, rebranded from MATIC in late 2024, surged to $1 before crashing to $0.06, a 93% drop. Despite losses, POL holders increased 78% to over 245,000 in the past month.
Hopmans also noted the Polygon Foundation moved over 50 million POL in H1 2026 without clear communication. Polygon Labs CEO Marc Boiron said the transition to a blockchain payment firm would ensure profitability in 2027. The project has yet to respond.
Polygon’s stablecoin transfer volume hit a record $106 billion in 2025, and $70 billion so far in 2026. However, its market share fell from 1.54% in 2023 to 0.72% in 2026, while Solana and Base grew from zero to 22% and 16%, respectively.
