A naukri.com initiative
Polygon News
Crypto-News-Flash
2w
8
Image Credit: Crypto-News-Flash
Polygon Launches Heimdall v2 on PoS Mainnet—PIP-43, 44 & 62 Now Live
- Polygon has launched Heimdall v2 on its Proof-of-Stake mainnet, activating improvements with decreased block finality to five seconds, significantly enhancing transaction speed.
- The upgrade includes advancements outlined in PIP-43, PIP-44, and PIP-62, making Polygon more attractive for real-time blockchain transactions and financial institutions integrating tokenized assets.
- Polygon's technological overhaul features CometBFT v0.38.x, eliminating tech debt, retiring Heimdall v1, and setting the stage for increased scalability and future features like single-block instant finality.
- The next steps for Polygon involve achieving transaction speeds surpassing 5000 TPS, integrating with Agglayer for multichain liquidity, and enhancing network responsiveness and reliability for enterprise users and fintech startups.
Read Full Article
Like
Crypto-News-Flash
2w
217
Image Credit: Crypto-News-Flash
German State Bank NRW.BANK Launches First €100M Blockchain Bond on Polygon
- Germany's NRW.BANK issues a €100 million digital bond using the Polygon blockchain, showing blockchain technology meeting financial institutions' real-world needs.
- The two-year digital bond was issued on the Polygon Proof-of-Stake network and marks a significant moment for tokenized finance in Europe.
- NRW.BANK's use of Polygon's efficient platform could potentially change how bonds and financial instruments are issued and traded in the future.
- The move was made possible by Germany's Electronic Securities Act and involved partnerships with Cashlink Technologies and institutional investors, signaling a shift towards tokenized assets.
Read Full Article
13 Likes
Crypto-News-Flash
2w
314
Image Credit: Crypto-News-Flash
Polygon PoS Hard Fork Set for July 10: Heimdall v2 Slashes Finality to 5 Seconds
- Polygon PoS network is set to launch the Heimdall v2 upgrade on July 10, reducing finality to approximately 5 seconds.
- The upgrade aims to improve safety, speed up checkpoints, and enhance user experience on the network.
- The migration process is expected to take about 30 minutes on the mainnet, with node operators advised to prepare accordingly.
- Following the upgrade news, Polygon's native token, POL, experienced a 7% surge in the daily timeframe, reaching $0.2, with increasing market cap and trading volume.
Read Full Article
18 Likes
TronWeekly
3w
307
Image Credit: TronWeekly
Best Altcoins to Buy Mid-July 2025 for Massive Upside Potential
- Solana has surged after the launch of the U.S.-listed Rex-Osprey Solana and Staking ETF, with potential targets up to $200.
- Polygon is transitioning to POL with 85% of tokens migrated, introducing multi-chain support and robust staking mechanisms for Web3.
- TOKEN6900 ($T6900) stands out as a 'Non-Corrupt Token' with radical transparency, no VC allocations, and high APY staking of 266%.
- The cryptocurrency market in July 2025 is marked by ecosystem developments like a new ETF offering staking rewards, decreased token inflation, and a $50 million DeFi upgrade.
Read Full Article
18 Likes
Crypto-News-Flash
3w
386
Image Credit: Crypto-News-Flash
Polygon Hits Uniswap Milestone with $100B Total Volume
- Polygon has achieved a significant milestone by surpassing $100 billion in total volume on Uniswap, underscoring its growing influence in the DeFi sector.
- Over 17% of weekly USDC user activity now occurs on Polygon, indicating its rising adoption and prominence within the decentralized finance ecosystem.
- Polygon's success on Uniswap demonstrates its rapid growth and solidifies its position as a key player in the DeFi space, with the network handling substantial on-chain transactions.
- With recent initiatives like partnering with Pyse for token-based electric motorcycles and supporting the RWA platform Karpous, Polygon is expanding its reach to real-world projects and simplifying investments for a broader audience.
Read Full Article
23 Likes
Medium
3w
106
Image Credit: Medium
Kotaku’s Sold for Pocket Change: Woke Warriors Nerfed by Their Own Soapboxes
- Kotaku sold to Swiss tech firm after G/O Media's collapse.
- Kotaku and other outlets faced crises due to activist journalism.
- Deadspin's downfall sparked by blackface accusation controversy, legal issues.
- Staff struggles, misaligned priorities contributing to demise of gaming journalism outlets.
Read Full Article
6 Likes
TronWeekly
4w
323
Image Credit: TronWeekly
Polygon Launches Katana with $240 Million in DeFi Deposits
- Polygon has officially launched Katana, a new Layer 2 blockchain focused on enhancing DeFi experiences, reaching over $240 million in deposits within three weeks.
- Katana integrates major DeFi projects like Morpho, Sushi, and Vertex, as well as supports innovative tokens such as Agora’s AUSD and EtherFi’s weETH.
- Airdrop of 1.5 billion KAT tokens (~15% of total supply) to POL token holders as a reward for community participation and long-term network growth.
- Polygon's Katana aims to address DeFi fragmentation by aggregating liquidity from diverse protocols into a self-sustaining engine, fostering higher returns and efficiency across various DeFi segments.
Read Full Article
19 Likes
Crypto-News-Flash
4w
133
Image Credit: Crypto-News-Flash
How Does Polygon Bridge Work? A step-by-step Guide to Cross-Chain Transfers
- The Polygon Bridge enables seamless token transfer between Ethereum and Polygon networks.
- It utilizes smart contracts for secure, trustless transfers of Ether, ERC-20 tokens, and NFTs.
- The bridge reduces gas costs, increases transaction speed, and supports decentralized applications on both networks.
- Users benefit from faster speeds, reduced costs, security, and interoperability between Ethereum and Polygon.
Read Full Article
8 Likes
Livebitcoinnews
1M
184
Image Credit: Livebitcoinnews
NFT Sales Plummet 18% as Polygon Outshines Ethereum
- NFT sales dropped by 18.43% to $116.9 million, with Polygon surpassing Ethereum with $23.3 million in sales.
- Courtyard on Polygon led sales with $17.4 million, driven by a surge in sellers.
- Polygon recorded a 24.98% growth, while Ethereum experienced a 32.23% decline.
- Bitcoin decreased to $103,000, and Ethereum lost 4% in the past week, indicating a weak crypto market.
- Courtyard's dominance on Polygon contributed to the rise of real-world asset-backed NFTs.
- The broader crypto market saw challenges, with Ethereum wash trading volume decreasing by 81.19%.
- Solana moved to fifth place with $8.7 million in sales, a 42.74% increase, while Mythos Chain held sixth position with $14.1 million in sales.
- Buyer growth on Polygon and Solana suggests sustained market interest despite declining sales.
- Polygon's efficiency in terms of low transaction costs and scalability challenges Ethereum's traditional role in NFT trading.
- The data provided by CryptoSlam offers insights into blockchain sales trends.
- The rise of sellers and buyers on Polygon points to ongoing market engagement.
- The liquidity of real-world asset-backed NFTs like Courtyard and the efficiency of Polygon draw attention in the competitive NFT market.
- Ethereum's drawbacks, including high costs and slow transaction speeds, continue to pose challenges amidst market shifts.
- The market retraction in NFT sales indicates a shift towards more cost-effective blockchain networks.
- Polygon's status as an Ethereum layer-2 solution provides a fast and economical alternative for NFT traders.
- Despite declining sales, the trend towards Polygon and Solana showcases evolving preferences in the NFT market.
Read Full Article
11 Likes
Crypto-News-Flash
1M
99
Image Credit: Crypto-News-Flash
Sandeep Nailwal Becomes Polygon Foundation CEO, Declares Zero-to-One Reboot
- Sandeep Nailwal has become the CEO of Polygon Foundation, emphasizing faster decisions and a leaner structure.
- Polygon drops zkEVM and shifts focus to PoS scaling and Agglayer interoperability.
- Nailwal takes control as CEO, stressing clear direction and focused execution.
- Polygon Foundation, including Polygon Labs, remains under Nailwal's leadership.
- The Foundation possesses significant cash reserves for long-term development.
- Strategic decisions are made to strengthen POL and enhance market clarity.
- Polygon zkEVM will be closed next year, with a focus on Polygon PoS and Agglayer.
- Polygon PoS will specialize in stablecoin payments and real-world assets.
- The Gigagas roadmap aims for over 5,000 TPS with sub-one-second finality by September or October.
- Agglayer version 0.3 is set to launch, focusing on interoperability features by Q3 end.
- The Ethereum instability caused Polygon to reset its growth plans.
- Polygon is realigning its structure towards bolder and faster changes.
- ZK research is being separated into standalone projects, with Polygon ZisK led by Jordi Baylina.
- Polygon will continue contributing to ZK efforts in a more neutral capacity.
- Polygon aims for user-focused adaptations away from its previous research-focused approach.
Read Full Article
6 Likes
Crypto-News-Flash
2w
139
Image Credit: Crypto-News-Flash
Polygon Teams Up with Agora and AUSD to Build AggLayer Future
- Polygon partners with Agora and AUSD to establish AUSD as the native stablecoin powering the AggLayer cross-chain ecosystem.
- Katana, built on AggLayer, uses AUSD to simplify DeFi yield strategies and unify liquidity across chains.
- The partnership designates AUSD as the primary stablecoin within AggLayer, guaranteeing reserves with major institutions like State Street and VanEck to cater to users uncertain about fully decentralized financial systems.
- Polygon's recent collaborations, including the launch of Heimdall v2 and the growth in DeFi activity on the network, indicate a trend of increasing acceptance and adoption of Polygon as a primary network for DeFi and stablecoin transactions.
Read Full Article
8 Likes
TheNewsCrypto
3w
282
Polygon Expands Its Ecosystem, But Lightchain AI Opens Its Bonus Round With $21M Already Raised
- Polygon is expanding its ecosystem through new partnerships and technical upgrades, enhancing its position in the blockchain space.
- Lightchain AI has launched its Bonus Round after raising $21.1 million in 15 presale stages, offering fixed pricing for investors before the mainnet launch.
- Polygon's strategic efforts include Polygon 2.0 release with zero-knowledge-based Layer-2 chains, high-profile integrations, and institutional exposure, establishing it as a scalable network.
- Lightchain AI's presale stands out with its real-world AI tasks, staking, and governance utility, offering discounted tokens and cost efficiency for investors.
Read Full Article
16 Likes
Bitcoinsensus
1M
420
Image Credit: Bitcoinsensus
Polygon (MATIC) Price Prediction July 2025: Can MATIC Rebound to $3?
- Polygon (MATIC) is currently in a delicate phase in mid-2025, hovering between hope and hesitation.
- Market trends indicate altcoins, including MATIC, are closely tracking Bitcoin's movements.
- Despite market uncertainty, Polygon's ecosystem growth remains robust, with developments in L2 adoption and scalable DeFi infrastructure driving interest.
- Factors impacting MATIC's short-term price include market sentiment, technical analysis, and upcoming market events.
- The recent liquidity grab and potential reversal signal a dynamic market sentiment.
- Technical analysis suggests a bullish structure on the daily chart with potential for a breakout towards $3.
- Upcoming updates on scalability and market events could further influence MATIC's price in 2025.
- Price predictions for July 2025 vary, with bullish scenarios targeting $0.45, $0.70, and even $3, while bearish scenarios suggest retracement to $0.15–$0.17.
- Analysts view MATIC as undervalued compared to its ecosystem activity, supporting a cautiously bullish stance.
- Factors such as L2 adoption, Bitcoin trends, and network upgrades are key drivers of Polygon's price changes in 2025.
- Support and resistance levels for MATIC are projected around $0.20, $0.35, $0.70, with potential for reaching $1+ based on market dynamics.
Read Full Article
25 Likes
99Bitcoins
1M
371
Polygon Has a New Plan: Is It Too Late for POL?
- Polygon plans to pivot towards the PoS and AggLayer under new leadership with CEO Sandeep Nailwal.
- As Ethereum's scalability challenges persist, Polygon offers a sidechain solution for low fees and high scalability.
- The sidechain has attracted billion-dollar dApps in DeFi, NFTs, and more, including Uniswap and Polymarket.
- Despite ambitious development efforts, the POL token has struggled, currently trading lower than its rebranding listing price.
- Sandeep Nailwal has taken over as CEO of the Polygon Foundation to revitalize the project and focus on core initiatives.
- Polygon plans to enhance its PoS and AggLayer to improve scalability and interoperability.
- The platform aims to release AggLayer v3.0 by June 2025 and target over 1,000 TPS with sub-second finality on Polygon PoS.
- However, Polygon faces challenges from competitors like Base and Arbitrum, leading the layer-2 space with higher TVL.
- To regain its position, Polygon must align closely with Ethereum's evolving ecosystem and make bold changes.
- As Polygon renews its focus under new leadership, the question remains whether these changes are timely enough.
- The crypto market's volatility and competition within the layer-2 sector present challenges for POL's recovery.
- Time will tell if Polygon can rise from its current challenges and regain its former prominence in the Ethereum scaling space.
Read Full Article
22 Likes
TheNewsCrypto
1M
326
Polygon Overhauls Governance as Co-founder Nailwal Becomes CEO
- Sandeep Nailwal becomes the first CEO of the Polygon Foundation, transitioning away from decentralized governance.
- The change aims to streamline decision-making, prioritize infrastructure initiatives, and enhance execution.
- AggLayer v0.3, an interoperability protocol, will launch by year-end under Nailwal's leadership.
- New projects like Katana and Privado ID will offer incentives to POL stakers to foster ecosystem growth.
- The Foundation plans to sunset the zkEVM chain by 2026, supporting project migrations and providing transition grants.
- Polygon's proof-of-stake chain will evolve into the 'GigaGAS' network targeting high transaction speeds by July 2025.
- Polygon processed over $514 billion in stablecoin transactions and aims to be a key player in Web3 financial services.
- Core leadership within Polygon remains stable with Marc Boiron as CEO of Polygon Labs, Mudit Gupta as CTO, and Ryan Niedzialek as COO.
- The changes signal a shift towards founder-led growth and emphasize staking as a primary focus.
- Nailwal criticizes past governance as 'institutionalized' and aims to bring tighter execution and a product-oriented strategy.
- The new direction focuses on core infrastructure, faster decision-making, and aligning ecosystem growth with token holders.
- The upcoming upgrades aim to improve scalability, lower gas fees, and integrate AggLayer across Polygon's network.
- Polygon's partnerships with major financial institutions like BlackRock and JPMorgan underscore its ambitions in the digital assets space.
- The internal restructuring under Nailwal's leadership signifies a significant change in Polygon's operational model.
- Despite changes, Polygon's key leadership positions remain filled to support Nailwal's vision for growth and innovation.
- The article discusses Polygon's plans for network upgrades, project migrations, and the evolution of its blockchain ecosystem.
- Axelar's recent rally and potential sustainability are briefly touched upon in the highlighted crypto news section.
Read Full Article
19 Likes
For uninterrupted reading, download the app