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We perform a comparative theoretical study of the data at spacelike momentumtransfer for the $\gamma^*\gamma\to\pi^0$ transition form factor, just reportedby the Belle Collaboration, vs. those published before by BaBar, also includingthe older CLEO and CELLO data. Various implications for the structure of the$\pi^0$ distribution amplitude vis-\`a-vis those data are discussed and theexisting theoretical predictions are classified into three distinct categories.We argue that the actual bifurcation of the data with antithetic trends isartificial and reason that the Belle data are the better option.

Comparing antithetic trends of data for the pion-photon transition form factor