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Polygon delivers 10x revenue growth and 5k tps, Sandeep Nailwal reveals

Polygon delivers 10x revenue growth and 5k tps, Sandeep Nailwal reveals
Polygon plans staking, tokenomics overhaul

Sandeep Nailwal, CEO at Polygon Foundation, announced that the Polygon team is developing a proposal to overhaul staking and tokenomics in response to community demand.

He shared that Polygon delivered 10x growth this year in revenue, achieved 5,000 transactions per second, and implemented a 25% reduction, though the specific area of reduction was not disclosed.

Earlier this year, Sandeep Nailwal emphasized Polygon’s continued leadership among established blockchains in an interview, as reported in Polygon remains a leader among original blockchain networks. He also pointed to Polygon’s role in facilitating $3 billion stablecoin FX volume in LATAM, highlighted in Polygon sees $3B stablecoin FX volume in LATAM, Sandeep Nailwal notes. The latest tokenomics initiative comes as the team builds on these milestones.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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