Binance Throws Weight Behind Polygon’s Game-Changing Network Upgrade

Breaking: Crypto giant Binance steps up as key ally for Polygon's high-stakes tech overhaul.

Why it matters: When the world's largest exchange backs your blockchain upgrade, the market listens—even if half the traders don't understand the tech.

The backstory: Polygon's been quietly building while ETH maxis argue about 'real L2s.' Now they've got CZ's stamp of approval (and probably a few extra zeros on the trading volume).

Between the lines: This isn't just tech support—it's a strategic play for Binance to stay relevant in the post-ETF, institutionally-captured crypto landscape.

Bottom line: Network upgrades used to be developer affairs. Now they're marketing opportunities—complete with exchange-sponsored fireworks.

What is the Polygon Network Upgrade?

Polygon’s upcoming upgrade, called the Bhilai Hard Fork, is a scheduled update to the network’s Core infrastructure. 

The upgrade involves updating Polygon’s Bor nodes, which are essential parts of the network’s blockchain infrastructure responsible for processing transactions and maintaining security. The new Bor version (v2.1.1) introduces changes to improve network performance and support a key protocol improvement proposal known as PIP-60.

Polygon co-founder and CEO Sandeep Nailwal said the upgrade is expected to boost the Polygon proof-of-stake chain’s throughput to around 1,000 transactions per second (TPS), with finality in under five seconds. A follow-up upgrade planned for October could push performance even higher, to 5,000 TPS with one-second finality.

Validators running Bor nodes must update their software and adjust certain configuration settings, including increasing the gas limit to 45 million to align with the upgrade requirements.

The hard fork is part of Polygon’s broader effort to enhance scalability and governance. It supports the network’s transition toward adopting a new token standard, POL, aimed at improving how it operates for both users and developers.