Polygon cofounder Sandeep Nailwal has taken over as CEO of the Polygon Foundation, ending its institutional governance model to provide clearer direction and faster execution.
As the largest POL holder, Nailwal plans to refocus the ecosystem by retiring zkEVM in 2026 and prioritizing Polygon POS and AggLayer. POS will target stablecoin payments and real-world assets, while AggLayer will enable secure blockchain interoperability.
The Gigagas upgrade, now in testnet, aims to reach 5,000 transactions per second by late 2025. Nailwal also confirmed ongoing airdrops, the launch of decentralized ZK research via Polygon ZisK, and continued leadership at Polygon Labs under Marc Boiron. With the SEC dropping its case against POL, Nailwal is pushing bold reforms to strengthen growth and liquidity.
Sandeep Nailwal also co-founded Sentient Labs, an AI startup that raised $85 million in 2023. Nailwal criticized the foundation’s previous decentralized governance model for causing delays and cited turmoil in the Ethereum ecosystem as a reason to rethink Polygon’s direction. POL, the network’s native token, is currently down 83% from its peak, according to CoinGecko.
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