24.05.2025
Mirjan Hipolito
Cryptocurrency and stock expert
24.05.2025

Pushpendra Singh: Polygon co-founder Mihailo Bjelic steps down amid crypto concerns

Pushpendra Singh: Polygon co-founder Mihailo Bjelic steps down amid crypto concerns @pushpendrakum: Polygon co-founder steps down

Mihailo Bjelic, co-founder of the cryptocurrency project Polygon (MATIC), is stepping down from his role. His decision to leave follows a recent trend in the cryptocurrency sector, where multiple co-founders of various projects have chosen to move on. This development has raised questions about the stability and future direction of these projects.

Pushpendra Singh, a prominent voice in the crypto community, points out that these frequent exits are not encouraging signs for the industry. As projects like Aptos also face significant changes, Singh expresses concerns over the robustness of current crypto developments.

Despite these challenges, Polygon has remained a notable player in the crypto landscape, renowned for its scalability solutions on the Ethereum network. The departure of Bjelic leaves uncertainty about how the leadership shift will impact Polygon's strategic path moving forward.

In the previous news, tweet author Pushpendra Kumar discussed crypto market trends.

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