Polygon (POL)

Polygon Names Sandeep Nailwal CEO, Shifts Focus to PoS and Agglayer

Polygon co-founder Sandeep Nailwal has assumed the role of CEO at the Polygon Foundation, marking a pivotal shift in leadership as the Ethereum scaling protocol embarks on an aggressive path of growth and technical consolidation.

Announced via a detailed post on X, Nailwal now oversees strategic direction across the Polygon ecosystem, including its core development entity, Polygon Labs. While Marc Boiron will continue as CEO of Polygon Labs, Nailwal’s elevation signals a more streamlined and centralized approach to governance.

“Polygon needs sharp execution, bold bets, and fewer layers of institutional red tape,” Nailwal stated, criticizing prior decentralization efforts for hindering progress. His leadership marks the beginning of a new “zero-to-one” phase, focused on rapid deployment and unified decision-making.

Focus Shifts to Polygon PoS and Agglayer

The foundation’s roadmap is undergoing significant realignment. Polygon’s zkEVM will be deprecated by 2026, making way for a renewed focus on two flagship components: Polygon PoS, targeting stablecoin and real-world asset (RWA) adoption, and Agglayer, a cross-chain protocol envisioned as the trustless “Internet of Blockchains.”

Technical upgrades are already underway. The Polygon PoS chain, under the new Gigagas roadmap, is in testnet, with throughput surpassing 1,000 TPS and internal devnets reaching speeds over 5,000 TPS. Finality times are expected to drop below one second, with long-term scaling targets of 100,000 TPS.

Agglayer v0.3 is set to roll out in the week of June 30, bringing nearly all core features except for fast interoperability, which is now slated for Q3. The Agglayer Breakout program will also launch ZK-centric initiatives, including Polygon ZisK, led by Jordi Baylina.

Branding Unification and Market Outlook

In a strategic rebrand, the once-neutral “Agglayer” will now operate directly under the Polygon umbrella, creating a singular brand identity for the ecosystem.

On the market front, Polygon’s native token POL is trading at $0.2191, down 2.92% but stabilizing near the key 0.236 Fibonacci level ($0.2176). A confirmed breakout above $0.2372 and $0.2466 could signal a reversal, with major resistance at $0.2773.

Also Read: Polygon (POL) Faces Critical $0.28 Support: Can It Stage a Comeback After 80% Decline?

As Nailwal centralizes authority and sharpens focus, the coin appears poised for a new era of execution and scale.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of CoinBrief.io. Before making any investment decisions, you should always conduct your own research. Coin Brief is not responsible for any financial losses.

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