Polygon has announced that Pol Token is targeting 100,000 transactions per second (TPS) in another important move, as it is listed on the Solana platform. Sandeep Naiwal, the new CEO of the Polygon Foundation, shared this on the X roadmap.
According to Nailwal, the roadmap is already in motion, with the first release of Amoy TestNet expected to be released on Mainnet by the first week of July. This is expected to increase the speed of the polygon POS until it exceeds 1000 TP. More upgrades are expected to continue.
He said:
“By October, the chain will become one of the most performant and best UX chains in the ecosystem by achieving 5000 TP without Reorgs.”
Based on the roadmap, the Polygon POS chain will be integrated with Agglayer by the end of 2025 to create an ecosystem that allows money, assets and validated data to travel seamlessly globally. This will allow money to move quickly, provide the comfort and privacy that end users need, and eliminate the need for intermediaries and waiting periods.
All of these are part of a long-term plan to push polygon TPS to 100,000 by 2026, and are missions that the project considers to be achievable. Therefore, we plan to scale effectively while attracting more valters to promote decentralization.
The roadmap shows that organizations prioritize institutional support by partnering with companies such as Stripe, Reliance Jio, Hamilton Lane, Apollo and BlackRock.
Pol is now available in Solana
This latest announcement comes days after Niwal became CEO of the Polygon Foundation amid many wholesale changes. He announced at X that he was moving upstairs to guide the foundations in the right direction and stimulate intensive execution.
He believes it’s time to put the foundation in the right direction, with millions of liquidity, without the distractions or pressure to raise more funds, and with millions of liquidity to sustainably build millions of liquidity. Switch-ups follow years of polygon struggle to stay relevant as other Ethereum Layer-2 networks have gained more market share.
Meanwhile, Polygon token Pol is now available on the Solana network via Wormhole’s Native Token Transfer (NTT) framework. Wormhole has announced the development. This noted that POL can be used within a thriving Solana ecosystem without losing its core functionality.
The availability of Pol in Solana shows that polygon foundations are ready to operate cross-chains and can increase Pol values with increased usage. The token has also enjoyed some regulatory clarity since the Securities and Exchange Commission (SEC) dropped the lawsuit.
Do these changes provide the necessary results for the polygon foundation?
Pol tokens have increased by 6% over the past seven days as this number of changes were announced on the Polygon Platform. However, according to CoinmarketCap, it is trading at $0.22, a 6% decline over the past 24 hours due to market slump.
Still, one exciting update that can significantly increase the ratings of POL is to significantly increase the foundation’s general interest. This is the launch of Agglayer, which could potentially link and collaborate with various chains in the industry.
In the long run, Polygon intends to lead global payment systems and real-world assets, with all current movements being directed towards that goal. It will connect all global retail payment networks, stock exchanges trading in chains, or several AI agents or IoT devices that operate on micropayments across the chain connected to Agglayer.
This is consistent with the long-term vision of polygons, as it works towards situations where there is no difference between the polygons and the other chains. Agglayer works behind the scenes, allowing transactions to flow completely freely throughout the aggregated network. This will change the way the global payment network works.
If the Polygon Foundation is able to achieve its roadmap, the Pol Token can be significantly more valuable.
