Polygon co-founder Sandeep Nailwal has been appointed as the CEO of the project’s foundation, a move intended to streamline decision-making and accelerate the development of AggLayer, Polygon’s interoperable blockchain scaling solution.
This leadership restructuring follows Nailwal’s concerns over the foundation’s decentralized and institutionalized decision-making processes, which he suggested have caused operational inefficiencies and delays. He emphasized that these practices needed overhaul in order to swiftly adapt to increasing competition within the blockchain industry.
His appointment also aligns with echoes of discontent in the broader Ethereum community, where there has been debate over Ethereum’s continued reliance on Layer 2 scaling solutions such as Polygon.
In his new role, Nailwal plans to prioritize AggLayer enhancements, supporting connectivity among multiple blockchains, digital payments expansion, and integration of real-world assets. Nailwal indicated that non-core initiatives will either be spun off into independent projects or discontinued entirely.
The upcoming launch of AggLayer version 0.3 is expected by the end of the year, signaling a commitment to strengthening the integration of AggLayer under the Polygon brand identity. To further this strategic push, Polygon’s foundation recently introduced the AggLayer Breakout Program—a new incubator initiative providing financial support and resources for emerging projects developing within the AggLayer and Polygon’s PoS ecosystem. Among its latest successful participants is Katana Network, which recently launched its private mainnet to enhance liquidity and offer improved yields within the ecosystem.
