Polygon co-founder Sandeep Nailwal has taken the helm of the Polygon Foundation as its new CEO.
The leadership transition marks a pivotal moment, with Nailwal asserting full control and launching a bold roadmap to reshape the network’s future.
Among his first moves: accelerating the launch of Polygon’s long-anticipated Agglayer, a cross-chain aggregator designed to unify fragmented blockchain ecosystems. The initiative aims to simplify interoperability and improve user experience across chains.
Polygon PoS to Evolve into GigaGAS Chain
Nailwal also announced plans to transform the current Polygon PoS chain into a new high-throughput blockchain dubbed GigaGAS. This upcoming upgrade targets 100,000 transactions per second, positioning Polygon to meet the demands of mainstream adoption.
The GigaGAS chain is expected to deliver massive performance gains while retaining the network’s Ethereum compatibility, making it a powerful foundation for developers and enterprises alike.
zkEVM Chain Set for Shutdown
In a surprising shift, Nailwal revealed that the Polygon zkEVM chain will be phased out. While zkEVM represented a leap in zero-knowledge technology, the foundation now plans to redirect focus and resources toward scalable infrastructure with immediate user benefits.
These strategic pivots, according to the foundation, reflect a move away from passive experimentation toward a “focused and ambitious founder-led vision.”
Focus on Token Value and Stakeholder Utility
The sweeping changes also aim to drive long-term value to POL token holders. With a renewed focus on execution and innovation, the network plans to enhance staking rewards and expand real-world utility.
By consolidating leadership and streamlining its technology stack, Polygon signals a new era—one led directly by its founding vision and centered on delivering scalable, user-centric blockchain solutions.
Source: https://coindoo.com/polygon-ceo-sandeep-nailwal-unveils-major-network-overhaul/