Key Takeaways
- Polygon co-founder Sandeep Nailwal is now CEO, refocusing the project after key co-founder exits.
- Agglayer targets 1,000 TPS by July, 5,000 by September, and 100,000 TPS long-term.
- POL trades at $0.2222, with renewed momentum following SEC case dismissal and upcoming Agglayer v0.3 launch.
The price outlook for Polygon’s native token, POL, is showing signs of renewed momentum as major leadership and strategic changes take shape. With co-founder Sandeep Nailwal stepping in as CEO of the Polygon Foundation, investors are closely monitoring how this shift could drive a breakout for POL amid a broader crypto market revival.
Sandeep Nailwal Reshapes Polygon’s Future
Sandeep Nailwal’s appointment as CEO signals a turning point for the Polygon ecosystem. Previously in a passive role, Nailwal is now taking full control of the Foundation, which oversees Polygon Labs and associated initiatives.
In a recent announcement on X, Nailwal made it clear: the era of “incongruent” and hands-off leadership is over. He outlined a bold strategy that includes shutting down the zkEVM project by 2026 and doubling down on Polygon’s Proof-of-Stake (PoS) network and Agglayer, a modular scaling solution. The focus now is on transaction throughput, stablecoin payments, and real-world asset (RWA) adoption.
Polygon’s Gigagas testnet, targeting 1,000 TPS by July and scaling up to 100,000 TPS, underscores the ambition. The upcoming release of Agglayer v0.3 on June 30 will serve as a key milestone.
Internal Shakeups Set the Stage for Reset
Nailwal’s leadership move follows the exit of several other Polygon co-founders, including Jaynti Kanani, Anurag Arjun, and most recently Mihailo Bjelic in May 2025. These departures created a leadership vacuum and exposed internal disagreements on vision and execution.
Nailwal’s startup-style leadership approach, backed by Polygon’s strong cash reserves and independence from external funding, is designed to accelerate innovation and decision-making.
This comes amid favorable macro conditions, including a crypto market boost following Donald Trump’s 2024 re-election, with Bitcoin surging past $109,000 and Ethereum holding around $2,700.
Can POL Price Break Out?
At the time of writing, POL trades at $0.1984, slightly down 2%. However, the sentiment has improved following the SEC’s dismissal of its securities case involving MATIC. IncreaPolygon (POL) Eyes Breakout at $0.22 as CEO Sandeep Nailwal Targets 100,000 TPS
sed confidence among market makers has led to better liquidity.
With the June 30 Agglayer v0.3 launch and airdrops lined up for POL stakers, the token is entering a critical phase. If Nailwal’s execution meets expectations, the foundation is in place for a potential POL price breakout.
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 Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses
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