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Polygon zkEVM is running at a loss of over $1M annually

Polygon zkEVM is running at a loss of over $1M annually

Polygon zkEVM is reportedly running at a loss of more than $1 million per year.
EthereumPolygonPOLMATIC
Jun, 17, 2025
3 min read
by CryptoPolitan
Polygon is moving away from zkEVM scaling solution

Polygon is moving away from zkEVM scaling solution

Polygon has announced its plan to phase out Polygon zero-knowledge Ethereum Virtual Machine (zkEVM) by 2026, marking the end of its zero-knowledge ...
PolygonPOLMATIC
Jun, 11, 2025
3 min read
by CryptoPolitan
Polygon's Sandeep Nailwal Takes Over as Foundation CEO Amid Strategic Shakeup

Polygon's Sandeep Nailwal Takes Over as Foundation CEO Amid Strategic Shakeup

Nailwal will steer the Polygon Foundation as it shuts down zkEVM, doubles down on PoS, and plots a return to Ethereum scaling dominance.
TechPolygonMATIC
Jun, 11, 2025
by CoinDesk
Polygon Co-founder Mihailo Bjelic Departs From Project, Leaving a Legacy of Blockchain R&D

Polygon Co-founder Mihailo Bjelic Departs From Project, Leaving a Legacy of Blockchain R&D

Bjelic will leave the board of Polygon Foundation and wind down his involvement with Polygon Labs.
PolygonMATIC
May, 24, 2025
3 min read
by ZyCrypto
Last Chance For Polygon As Crypto Analyst Predicts MATIC Price Will Surge Above $1 Again

Last Chance For Polygon As Crypto Analyst Predicts MATIC Price Will Surge Above $1 Again

Polygon’s price action over the past week has been characterized by a moderate pullback following what initially appeared to be a decisive breakout...
RSIPolygonFibonacci ExtensionPolygon News
May, 02, 2025
2 min read
by NewsBTC