🔥 Sandeep Takes the Wheel! POL Token Holders, Don’t Miss What’s Next! 🚀🧠
🧑💼 In a major leadership move, Sandeep Nailwal, co-founder of Polygon, is stepping in as the new CEO of the Polygon Foundation, the group behind the popular layer-2 blockchain. Meanwhile, Marc Boiron will stay on as CEO of Polygon Labs, one of the many projects under the Foundation. With $POL token prices down over 68% in the last 6 months, Nailwal says it’s time to refocus and bring serious value to POL holders 💪💸.
⚙️ One of the biggest changes? Polygon will stop working on zkEVM next year and instead pour all energy into Polygon POS and Agglayer. The goal: supercharge POS to handle over 5,000 transactions per second (TPS) by this September–October. And that's just the beginning! Testnets already show over 1,000 TPS, with long-term plans aiming to hit 100,000+ TPS. This would make Polygon one of the fastest and most scalable blockchains out there ⚡📈.
💰 Even better, Nailwal confirmed that the Foundation is not planning any new fundraising — thanks to a strong cash reserve from their earlier $450M round. The focus now is on building powerful tech for real-world payments, stablecoins, and connecting blockchains with Agglayer 🌐. With the SEC dropping its investigation into POL, Nailwal believes this will attract big market makers back, improving liquidity and potentially boosting the token’s value 🚀📊.