According to @jessepollak, Polygon (MATIC) is undergoing a major strategic overhaul as co-founder Sandeep Nailwal takes over as CEO of the Polygon Foundation. The team will now focus on its AggLayer cross-chain liquidity protocol and will retire the zkEVM rollup network, a significant pivot for the project's long-term roadmap. In a related development for the Layer-2 sector, OP Labs, the builder of Optimism (OP), predicts that every crypto exchange and fintech company will run its own blockchain within the next five years, citing the monetization success of Coinbase's Base L2. This trend is already visible with exchanges like Kraken, Bybit, and OKX launching their own L2s. Other key market developments include the Ethereum Foundation's new treasury policy, which caps annual operational expenses at 15% to focus on critical deliverables for 2025-26, and the upcoming Bitcoin Core update, which will increase the OP_RETURN data limit, potentially impacting data-embedding protocols on the Bitcoin (BTC) network.

According to the source, Polygon (MATIC) is undergoing a major strategic overhaul, with co-founder Sandeep Nailwal taking over as CEO of the Polygon Foundation. The team is retiring its zkEVM network to focus on AggLayer, a new cross-chain liquidity protocol aimed at enhancing interoperability. In other key developments, the Ethereum Foundation (ETH) has implemented a new treasury policy, capping annual operational expenses at 15% to ensure long-term sustainability, signaling a focus on critical deliverables for 2025-2026. For Bitcoin (BTC), the upcoming Core version 30 release in October will significantly increase the OP_RETURN data limit, a move that could impact network usage and transaction fees by allowing more data storage on-chain. Additionally, the Plume network has launched its Genesis mainnet to bring Real-World Assets (RWA) to DeFi, and Ant Group plans to apply for stablecoin licenses in Hong Kong and Singapore, indicating major institutional interest in the space.

According to @QCompounding, several significant developments are impacting the crypto market. Polygon co-founder Sandeep Nailwal has become CEO of the Polygon Foundation, pivoting the project's focus to the AggLayer cross-chain liquidity protocol and retiring its zkEVM network, as detailed in a press release. The Ethereum Foundation has implemented a new treasury policy, capping annual operational expenses at 15% to ensure long-term sustainability, according to its blog post. For Bitcoin (BTC), developers confirmed on GitHub that the upcoming version 30 release will increase the OP_RETURN data limit from 80 bytes to nearly 4MB, a move that could foster new on-chain data applications. Separately, the Real-World Asset (RWA) sector is expanding, with Plume network launching its Genesis mainnet and Ant Group reportedly planning to seek stablecoin licenses in Hong Kong and Singapore, highlighting growing institutional interest.

According to Robbie Ferguson (@0xferg) on Twitter, Play Passport zkEVM has driven over 5 million registered users to Immutable, signaling a major growth milestone for web3 gaming platforms. This surge in user adoption highlights Immutable's expanding ecosystem and underlines the increasing relevance of zkEVM technology in scaling blockchain gaming projects. For crypto traders, these user metrics suggest rising demand for IMX and related assets, positioning Immutable as a key player in the next wave of web3 gaming and layer 2 scaling solutions (source: https://twitter.com/0xferg/status/1919996714993516918).

According to Vitalik Buterin (@VitalikButerin), the proposal to shift Ethereum's execution layer towards a RISC-V or other zero-knowledge (ZK)-friendly virtual machine (VM) is motivated by the potential to enhance scalability and efficiency for zkEVM rollups. This shift could reduce computational overhead and improve verification speed for ZK proofs, which is especially relevant for trading strategies relying on fast and cost-effective on-chain settlement (source: Vitalik Buterin, Twitter, May 3, 2025). Traders should monitor developments in VM architecture, as the adoption of RISC-V could increase throughput and lower transaction costs on Ethereum, directly impacting trading execution and arbitrage opportunities.