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Polygon Co-Founder Steps Back as Layer 2 Race Heats Up

Polygon Co-Founder Steps Back as Layer 2 Race Heats Up

Author:
CoindeskEN
Published:
2025-05-24 07:07:24
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Polygon Co-Founder Mihailo Bjelic Exits Layer 2

Mihailo Bjelic—one of the brains behind Ethereum’s scaling darling Polygon—has quietly stepped away from the project’s Layer 2 ambitions. The move comes as competitors like Arbitrum and Optimism gobble up market share.

Was it the 47% drop in MATIC’s price since last cycle’s peak? Or just another crypto founder cashing out before the music stops? Either way, the ’ghost chain’ jokes write themselves.

|Square

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