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Polygon News
Crypto-News-Flash
7d
91
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.
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Coinjournal
7d
33
Image Credit: Coinjournal
POL price surges as Sandeep Nailwal assumes Polygon Foundation CEO role
- Polygon token POL (formerly MATIC) surged to $0.24 as Sandeep Nailwal became the new CEO of Polygon Foundation.
- The rise in POL price coincided with widespread gains in the crypto market.
- Nailwal's leadership follows key growth metrics for Polygon in May.
- Overall trading volume for POL surged as the market cap reached around $2.45 billion.
- Altcoins like Ethereum, Solana, and XRP showed gains alongside POL.
- Nailwal's appointment as CEO signals a strategic shift for Polygon following previous co-founder departures.
- The move is aimed at providing clear direction and focused execution for Polygon Foundation.
- Polygon's ecosystem witnessed growth in total transfers, active addresses, and stablecoin supply.
- Under Nailwal, Polygon will focus on PoS, Agglayer, and deprecate the zkEVM platform.
- Plans include Agglayer v0.3 rollout by June 30, 2025, with further interoperability enhancements.
- Additionally, the Agglayer Breakout program will support projects like Polygon ZisK.
- Nailwal highlighted Polygon's strong financial position for long-term growth without the need to raise funds.
- Notably, POL price hit $1.29 in March 2024.
- The news was shared by Polygon on social media
- The original article is from CoinJournal.
- Polygon's former MATIC token has now been rebranded to POL
- The update follows the appointment of Nailwal Sandeep as the new CEO of Polygon Foundation.
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Coinjournal
2w
17
Image Credit: Coinjournal
POL token flashes recovery signals as Polygon NFTs sales hit $2B
- Polygon's native token, POL, is showing signs of a potential rebound as the network's NFT ecosystem surpasses $2 billion in sales.
- POL has modest gains at $0.2146, down 69% year-on-year, indicating possible stabilization amid a crypto market downturn.
- Monthly Polygon NFT transactions and average sale values are on the rise, with Courtyard's RWA surge driving investor confidence.
- The network's foundational growth, driven by NFT activity and real-world asset tokenization, suggests a cautiously optimistic outlook for Polygon and POL.
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Medium
3w
35
Image Credit: Medium
Ethereum vs Solana vs Polygon: Best Platforms for Smart Contract Development
- When searching for an Ethereum Application Development Company, Ethereum remains a top choice due to its established ecosystem and innovative solutions.
- Solana, known for high-speed and low-cost solutions, is appealing for rapid transaction processing and developer-friendly features.
- Polygon serves as a Layer 2 scaling solution for Ethereum, combining security with speed and affordability.
- Smart contracts are self-executing agreements deployed on blockchains that automate contract terms under predefined conditions.
- Smart contract development involves stages like requirement analysis, design, coding, testing, security auditing, deployment, and maintenance.
- Ethereum, the original smart contract platform, introduced flexible contracts and the Ethereum Virtual Machine.
- Ethereum's upgrades have enhanced scalability and efficiency, addressing congestion and gas fee issues.
- Solana's high-performance blockchain prioritizes speed and scalability, making it ideal for applications with high throughput needs.
- Polygon's Layer 2 solution offloads transaction processing from Ethereum, offering faster and cheaper transactions.
- Factors for choosing among Ethereum, Solana, and Polygon depend on business needs and technical requirements.
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Bitcoinsensus
3d
370
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.
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99Bitcoins
6d
337
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.
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TheNewsCrypto
7d
299
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.
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TheNewsCrypto
7d
208
How Neo Pepe Revolutionizes Polygon Trading for Unbeatable Gains
- Neo Pepe Coin and Toncoin are disrupting the traditional crypto landscape with unique features.
- Neo Pepe Coin offers community governance through DAO functionality, advanced smart contract compatibility, and attractive presale opportunities.
- Toncoin integrates blockchain ecosystems with Telegram infrastructures, offering dApp integration and staking options for reduced costs.
- Neo Pepe emphasizes governance through its DAO system, smart contract versatility, and a lucrative presale.
- Toncoin stands out with dApp integration into Telegram, simplified dApp creation, and staking benefits.
- Both coins cater to different needs in terms of community involvement, use cases, and adoption stages.
- Neo Pepe Coin focuses on decentralized governance and advanced contracts, while Toncoin excels in Telegram integration and staking rewards.
- Investors can benefit from Neo Pepe's presale opportunities and Toncoin's practical utility and global usability.
- Diversifying into both coins can offer a balanced approach to crypto investments for different objectives.
- Neo Pepe and Toncoin present compelling options for investors seeking innovative and practical crypto projects.
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TheNewsCrypto
1w
29
POL (prev. MATIC) Price Prediction 2025, 2026-2030
- Bullish POL price prediction for 2025 is $0.2606 to $0.3465, with a potential rise to $1 soon. Bearish prediction for 2025 is $0.1464.
- The article provides insights into POL (prev. MATIC) price predictions for 2025, as well as projections for 2026-2030 using technical analysis.
- POL (prev. MATIC) is the native cryptocurrency of the Polygon Network, initially launched as an ERC-20 token in 2019, leveraging a proof-of-stake consensus mechanism.
- It serves as the primary payment and governance token on the Polygon Network, used for transaction fees and voting rights, with the recent ticker change from MATIC to POL.
- Current market status of POL: Price $0.2156, 24-hour change 3.40% up, Market Cap $2.25B, Circulating Supply 10.4B POL, All-Time High $1.29, All-Time Low $0.1533.
- Technical analysis indicators such as RVOL, MA, RSI, ADX, RVI are used to predict POL's future price movements and identify resistance and support levels.
- Price predictions for 2026-2030 indicate a bullish trend with potential prices ranging from $1.3 to $2, while bearish scenarios project prices as low as $0.05.
- The comparison of POL with BTC and ETH shows similarities in price movements, suggesting correlation in price actions with these cryptocurrencies.
- The article concludes by stating that a favorable market sentiment could drive POL to $1 and potentially surpass its current all-time high with upgrades in the Polygon ecosystem.
- FAQ section addresses queries related to POL (prev. MATIC), its utility, exchanges for trading, price targets by 2026-2029, and historical ATH and ATL values.
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TheNewsCrypto
1w
119
POL (prev. MATIC) Breaks Downtrend, Surges Nearly 9% Amid Rising Volume
- POL (prev. MATIC) surged nearly 9% amid rising volume, breaking above a descending regression channel after reclaiming $0.2150.
- Technical indicators, such as RSI and MACD, confirmed reduced selling pressure and a shift in market momentum.
- POL is a cryptocurrency and blockchain platform aiming to enhance Ethereum's scalability and transaction speed.
- During the last 24 hours, POL's market action saw positive movement, with a 6.17% uptick, opening at $0.2062 and currently trading at $0.2164.
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Hackernoon
1w
350
Image Credit: Hackernoon
Which RPC node—Ethereum, Solana, or Polygon—is the best choice for your dApp?
- RPC nodes serve as the gateway for dApps to interact with blockchain networks, offering data retrieval and transaction interactions.
- Ethereum, Solana, and Polygon are compared based on network performance, costs, and popular RPC service providers.
- Ethereum, known for its security and decentralization, processes around 15 transactions per second with higher transaction fees.
- Solana, with high throughput and low transaction costs, is optimal for speed-dependent applications like high-frequency trading.
- Polygon, faster and cheaper than Ethereum, is commonly used to scale Ethereum-based dApps, facilitating low-cost transactions.
- RPC Node Providers like GetBlock, Infura, Alchemy, and QuickNode offer API endpoints for Ethereum, Solana, and Polygon.
- GetBlock supports over 50 networks, while Infura is preferred for Ethereum and EVM-compatible chains.
- Alchemy offers upgraded APIs and features for multiple networks, and QuickNode excels in high-performance and multi-chain support.
- Choosing the right RPC provider depends on dApp requirements, such as reliability, speed, cost efficiency, and specific use cases.
- Having a multi-network strategy may involve using the same RPC provider for Ethereum, Polygon, and Solana to ensure infrastructure consistency.
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TheNewsCrypto
3w
4
Lightchain AI Draws Eyes From Polygon and Solana Holders Looking for Higher Risk, Higher Reward
- Lightchain AI, in its Bonus Round with tokens at $0.007, has raised $20.8 million, attracting those seeking aggressive upside in a decentralized infrastructure designed for AI execution.
- Investors are shifting attention from established networks like Polygon and Solana to Lightchain AI for its innovative features and early-stage exposure, offering a compelling case for potential acceleration.
- Lightchain AI positions itself as a high-upside play for risk-tolerant investors with its focus on decentralized AI execution, privacy-first architecture, and scalable governance, drawing interest from aggressive traders.
- As the market moves towards speculative plays, Lightchain AI emerges as a favored option with functional promise, distinct AI-powered computation on blockchain, and structured accumulation surpassing $20.8 million in investment.
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TheNewsCrypto
3w
110
Polygon Co-Founder Mihailo Bjelic Steps Down from Foundation and Labs
- Mihailo Bjelic, co-founder of Polygon, has stepped down from the blockchain project, resigning from the Polygon Foundation board and Polygon Labs.
- Bjelic expressed his decision to resign after significant thought and reflection, stating his continued support for the industry while stepping back from day-to-day involvement.
- He is the third co-founder to leave Polygon, following Jayanti Kanani and Anurag Arjun. While their reasons for departure are known, Bjelic's reason remains unclear.
- Bjelic played a crucial role in Polygon's growth, co-founding the Ethereum Layer 2 in 2017, known for faster transactions, lower fees, and improved scalability, with recent collaborations and achievements marking Polygon's progress.
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Coinjournal
1M
139
Image Credit: Coinjournal
Will Polygon price hit $1 in 2025? Data shows wide volatility range
- Polygon (MATIC) is transitioning to its upgraded token, POL, introducing zkEVM and supporting app-specific blockchains to enhance scalability and decentralization.
- As of May 2025, POL's price is around $0.23, down from $1.29 in March 2024, with 2025 forecast ranging between $0.11795 and $0.47181.
- The migration from MATIC to POL enables staking, community governance, and validation activities, contributing to a moderate price increase to $0.23.
- Analysts predict varying price targets for POL in the coming years, with estimates suggesting a potential rise to $1 by 2028 based on ecosystem growth and adoption metrics.
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Medium
1M
58
Image Credit: Medium
Poly-Gone, Giant Bomb Implodes, Kotaku’s Next?: The Woke-pocalypse Continues
- Polygon and Giant Bomb, two well-known names in gaming journalism, have faced significant upheaval due to their focus on 'wokeness'.
- Polygon's descent into activism led to its sale to Valnet and subsequent mass layoffs, while Giant Bomb's clash with new ownership demands has caused internal turmoil.
- The shift towards activism in gaming journalism has alienated readers, leading to a decline in audience engagement and ad revenue.
- Journalists from these troubled outlets are seeking refuge at Bluesky while Kotaku, another activist-oriented site, may face a similar fate in the future.
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