Polygon plans to pivot, focusing on the PoS and AggLayer with leadership from CEO Sandeep Nailwal. POL has been dragging lower as Ethereum layer-2 solutions like Base and Arbitrum increase in TVL. Ethereum is inherently less scalable, making it impossible to run a Facebook-like dApp without users incurring thousands in fees and congesting the network. … Read more
Polygon co-founder Sandeep Nailwal has been appointed CEO of the project’s foundation, marking a strategic shift to accelerate decision-making and double down on scaling AggLayer. Sandeep Nailwal, co-founder of Polygon (POL), has been appointed CEO of the project’s foundation. The move aims to speed up decision-making amid increasing competition in the blockchain industry, Nailwal said … Read more
Polygon co-founder, Sandeep Nailwail’s donation fund, Blockchain For Impact, has surpassed $90 million in funding for healthcare innovation. BFI also pledged another $200 million for future initiatives. According to a press release sent to crypto.news, Blockchain For Impact has allocated more than $90 million in funding for innovations in the healthcare sector, biomedical research as … Read more