Researcher Lorentz Lehmann revealed that Polygon acquired Hermes for $250 million in 2021 and renamed it Polygon Zkevm. Lehmann added that ZKEVM deployments have by no means been upgraded to make use of BLOBs and that the chain is now operating at a lack of over $1 million a 12 months.
There’s within the group It was revealed There are plans to section out Polygon Zkevm by 2026, marking the tip of its zero-knowledge scaling efforts. The Ethereum Sidechain can also be planning a pivot with a concentrate on POS and Agglayer, which has the management of CEO Nailwal.
Nailwal will change into CEO of the Polygon Basis
Agglayer will information you thru the subsequent section of the Web: The Trustless Web https://t.co/zfjr3lgzaf.
– Sandeep | Polygon Basis (※,※) (@sandeepnailwal) June 16, 2025 CEO
Sandeep Nailwal, CEO and co-founder of the Polygon Basis, believes that with a sound Treasury Division and tons of of tens of millions of money, Polygon is in the most effective place to proceed constructing in the long run. Nailwal has revealed that Polygon Pos will proceed its efforts to construct an unreliable blockchain web with a concentrate on Stablecoin Funds and Actual World Belongings (RWA).
The inspiration’s co-founder stated the primary milestone on Polygon POS’s Gigagas Roadmap will dwell in Testnet, pushing community capability over 1,000 transactions per 1,000 seconds in early July. Nailwal has revealed that the blockchain is already planning to maneuver to zero-reorg and 1 second finality, with over 5,000 TPS being achieved within the DevNet setting.
“I’ve all the time been away from shifting into the CEO position, as a result of I have been centered on constructing PF as an institutionally ruled basis. However for now, polygons want clear route and centered execution, which suggests stepping up.”
–Sandeep NailwalCEO and co-founder of the Polygon Basis.
The corporate believes that the brand new improve will place Polygon POS on one of the crucial performant blockchains from September to October. The corporate additionally stated there’s a clear path to scale to 100K+ TPS over the subsequent few years. In line with Nailwal, the improve will increase the financial viability of the protocol, thereby rising the worth of the Polestakes.
As a part of the corporate’s Agglayer plan, the CEO stated Agglayer V0.3 had been within the pipeline for a while, however on June thirtieth its performance was improved. Nailwal added that Agglayer V0.3 is full apart from quick interactions.
In line with the group, the Agglayer Breakout program will proceed to spin off the mission, specializing in polygon POS and agglomerators, in addition to large airdrops into pollstakers. Nailwal additionally highlights that companies are doing enterprise making up blockchain networks, and ZK is a crucial software for bringing internet-level scalability to blockchain.
Polygon needs to spin out extra zero-knowledge analysis efforts
Polygon has made a big contribution to ZK and has identified that by spinning extra ZK’s analysis efforts, it has led to it persevering with in a extra impartial method. Nailwal has introduced the subsequent mission of the corporate led by Jordi Baylina, Polygon Zisk.
Polygon stated he is trying ahead to seeing some massive market makers return to the desk not too long ago and make markets with POL after SEC It was dropped Its investigations and litigation associated to Matic as safety. Nailwal added that the inspiration will even be collaborating within the schooling marketing campaign so that everybody can acknowledge the upgrades of Pol from Matic.
Nailwal stated that between 2021 and 22, the corporate sought to institutionalize the mission by laying the inspiration for scaling blockchains in levels. Ethereum later fell into an existential disaster that introduced the polygons and your entire Ethereum ecosystem again to its early levels. He revealed that Pol is doing decrease drag as an Ethereum Layer 2 answer, comparable to TVL base and scene enhance.
