$POL Gains 6% Ahead of #Polygon Heimdall v2 Upgrade Targeting 5-Second Finality


$POL rose 6.2% in 24 hours to trade at $0.20 ahead of the network's major Heimdall v2 upgrade scheduled for July 10.

The token outperformed the broader crypto market, with $POL's market cap reaching $1.8 billion.


Polygon Foundation CEO Sandeep Nailwal called it "the most technically complex hard-fork Polygon PoS has seen since its launch in 2020."


The upgrade aims to reduce transaction finality to approximately five seconds from current levels.


Heimdall v2 will eliminate legacy technical debt accumulated from the 2018-2019 development era.


Most validators have already upgraded their systems in preparation for the migration.


The estimated execution time for the upgrade is roughly 30 minutes on mainnet, excluding potential troubleshooting needs.

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July 09, 2025 at 2:30 PM
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