Polygon
POL
Polygon is a multi-chain scaling platform
Performances
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 1.01% | 0.01% | 9.47% | 16.61% | 31.02% | 30.76% |
Comparison
Fundraising not disclosed
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Token not listed
Details
This content is generated by RD AI and is for reference only
Polygon is a blockchain network scaling solution designed to enhance Ethereum's scalability. It allows developers to create and connect Ethereum-compatible chains, providing fast and economical transaction processing. Usage involves bridging assets to the Polygon network and deploying smart contracts on-chain. It employs proof-of-stake consensus and zero-knowledge proofs to ensure security and efficiency.
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About Polygon
Polygon's evolution is marked by strategic technical upgrades and enterprise adoption. The Ithaca hard fork on July 29 enhanced payment reliability through automatic failover and transaction safeguards, continuing a series of rapid mainnet improvements. Earlier, Polygon zkEVM Mainnet Beta was taken offline on July 1, signaling a shift in scaling architecture. In enterprise adoption, African payments giant Flutterwave selected Polygon as its default blockchain for cross-border payments, while Mastercard launched an AI agent payment protocol initially integrated with Polygon, providing on-chain record permissions. The ecosystem also launched sPOL, a native liquid staking token, strengthening its DeFi infrastructure. These milestones highlight Polygon's focus on payments reliability, institutional partnerships, and scalable infrastructure, positioning it as a leading blockchain for real-world financial applications.
Sandeep Nailwal (Co-Founder & CEO, Polygon Foundation)
Marc Boiron (CEO)
David Silverman (VP of Strategic Product)
Adam Dossa (SVP Engineering)
Mudit Gupta (CTO)
Sanket Shah (VP of Growth)
Jacob W. (Chief Legal Officer)
Joe Hamade (CFO)
Will Button (Director of Platform)
Polygon has seen significant team changes recently. In April 2026, Will Button joined as Director of Engineering, Platform. Meanwhile, several key members departed: Michael Sanders, Senior Director of Partnerships and Investor Relations, left in June (after only 4 months); Mattie Fairchild, Head of Founder Community, and Thamilla Talarico, Director of On-chain Finance Growth-Brazil, left in April; marketing team member smokey left in July. According to public sources, Polygon is transitioning from a blockchain foundation to a payments company, accompanied by multiple rounds of layoffs affecting over 200 people. These personnel changes are closely related to the company's strategic shift.