Ethereum Layer-2 Race Heats Up as Polygon Centralizes Governance Under Co-Founder

Polygon''s ecosystem foundation is undergoing a significant leadership change as co-founder Sandeep Nailwal steps into the CEO role, signaling a strategic shift from decentralized governance to centralized execution. This move comes at a critical time as Ethereum''s layer-2 sector experiences intensifying competition, with Polygon aiming to accelerate infrastructure development through its new AggLayer focus. Nailwal''s leadership is expected to drive rapid advancements in Polygon''s technology stack, positioning the platform as a key player in the evolving layer-2 landscape. The crypto community watches closely as this governance shift could set new precedents for balancing decentralization with operational efficiency in blockchain projects.

Polygon Shifts Governance Model as Co-Founder Takes Helm Amid Layer-2 Race

Polygon''s ecosystem foundation is undergoing a seismic leadership change as co-founder Sandeep Nailwal assumes the CEO role, marking a decisive pivot from decentralized governance. The MOVE comes as Ethereum''s layer-2 sector faces intensifying competition, with Polygon betting on centralized execution to accelerate infrastructure development.

Nailwal''s first mandate involves refocusing the foundation on AggLayer—an interoperability solution designed to bridge fragmented chains—with its v0.3 upgrade slated for year-end. Concurrently, Polygon is sunsetting its zkEVM chain by 2026 due to scaling limitations, redirecting resources toward transforming its PoS chain into a ''GigaGAS'' network capable of 100,000+ TPS.

The Bhilai protocol upgrade looms as a critical milestone, positioning Polygon to support real-time payments and tokenized asset markets. ''We''re done with committee decisions—it''s time to build like we''re still underdogs,'' Nailwal told developers in a closed briefing.

Ethereum Foundation Unveils ''Trillion Dollar Security'' Initiative Amid Leadership Restructuring

The ethereum Foundation has launched a comprehensive security overhaul dubbed ''Trillion Dollar Security,'' targeting systemic vulnerabilities as the blockchain positions itself for mainstream financial adoption. Six critical risk areas have been identified: smart contract flaws, UI weaknesses, centralization risks, consensus protocol robustness, incident response gaps, and network monitoring deficiencies.

This strategic pivot coincides with sweeping governance changes. Aya Miyaguchi, a long-time Foundation member, assumes the newly created presidential role following a reorganization of Ethereum''s Core R&D division. Treasury management reforms address previous criticisms of resource allocation and development pace.

The initiative adopts a phased approach—current diagnostics will soon transition to risk prioritization and developer partnerships. These moves signal Ethereum''s maturation as institutional scrutiny intensifies, particularly regarding blockchain infrastructure resilience.

Ethereum ETFs See Sustained Inflows as Price Breaks $2,700

Institutional money continues flowing into Ethereum investment products, with ETFs recording 14 consecutive days of net inflows. The trend coincides with ETH''s 8% surge past $2,700, fueling speculation about a potential run toward $10,000.

Traditional finance adoption accelerates as Société Générale launches a dollar-pegged stablecoin on Ethereum''s blockchain. Over 25% of ETH''s circulating supply is now locked in staking contracts, creating structural scarcity amid growing institutional demand.

Technical charts show a notable reversal in Q2 2025 after early-year outflows, with the $2,700 breakout potentially marking the start of a new bullish phase. Market participants now watch whether ETF inflows can sustain the momentum needed for five-figure price targets.

Ethereum Breaks $2,800 Resistance, Eyes $3,100 as Analysts Spot Bullish Patterns

Ethereum has surged past the $2,800 mark for the first time since February, reaching a three-month high of $2,879. The breakout follows weeks of consolidation between $2,475 and $2,680, with the cryptocurrency now showing signs of renewed bullish momentum.

Technical analysts point to an ascending triangle formation on ETH''s chart, suggesting potential for another 10% rally toward $3,100. The current price action mirrors early 2024 patterns that preceded ETH''s climb toward $4,000. Market participants note strong whale accumulation and record-high open interest as catalysts.

Key support holds firm at $2,500, while resistance levels loom at $3,200-$3,500. The rally comes amid broader crypto market recovery, with ETH''s market capitalization crossing $345 billion.