CryptoSpiel.com
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
CryptoSpiel.com
No Result
View All Result

Polygon Skyrockets 10% as Heimdall Upgrade Goes Live

July 12, 2025
in Crypto News
Reading Time: 3 mins read
A A
0
Polygon Hits Uniswap Milestone with $100B Total Volume
0
SHARES
3
VIEWS
ShareShareShareShareShare
  • The Polygon Heimdall v2 upgrade has finally debuted on the mainnet, sparking a 10% price surge for POL.
  • Heimdall v2 upgrade modernizes the Polygon PoS network for improved performance, security, and scalability.

Polygon Foundation has announced that the long-awaited Heimdall upgrade has finally gone live on the mainnet. Following the announcement, Polygon’s native asset, POL, saw its price increase by over 10%.

Polygon Gets a New Lift with Heimdall

As revealed in an X post, the team launched the Heimdall v2 upgrade on the Polygon PoS mainnet, together with PIP-43, PIP-44, and PIP-62. 

The Polygon Foundation said the team is working full-time to ensure all providers upgrade to Heimdall. They also assured users that the chain is running smoothly and finalizing on the network. 

However, the Foundation said the Polygon Portal and Polygon staking app will remain under maintenance for a few more hours. 

The Heimdall v2 upgrade is a major hard fork of the Polygon Proof-of-Stake (PoS) network. Polygon Foundation CEO Sandeep Nailwal described Heimdall v2 as the most technically complex hard fork since mainnet launch in 2020.

The Heimdall v2 is at the core of the Polygon PoS ecosystem, bringing major upgrades to the network’s functionality. The upgrade modernizes the Heimdall consensus layer, which manages validators, block producer selection, and state synchronization between Ethereum and Polygon PoS.

As noted in our earlier post, Heimdall v2 upgrade reduces finality from 90 seconds to approximately 5 seconds. This enables faster checkpoints and a smoother user experience. The upgrade also reduces Block times from approximately 5–6 seconds to about 2 seconds, boosting network throughput.

The Polygon Foundation released the Heimdall v2 upgrade on the Amoy Testnet on June 24, 2025. The team leveraged the testnet to validate functionality and identify potential issues in a controlled environment. 

To ensure compatibility with the upgraded Heimdall layer, validators imported their signing keys into a new keyring system. This transition was due to the shift from Hex to Base64 encoding. 

The Polyon Foundation also advised dApps to increase confirmation thresholds to 256 blocks during the migration to mitigate risks. 

As indicated in our earlier discussion, Heimdall v2 upgrade supports Polygon’s goal of scaling to 1,000 transactions per second (TPS) and beyond. 

POL Price Regains Momentum

The launch of the Heimdall v2 upgrade has sparked a new rally for POL. Within the past 24 hours, POL surged over 10% to $0.234.

The POL trading volume also surged by over 50% to $221 million. This rally suggests traders are actively trading the digital asset and betting on its future price.

The latest rally for POL is significant as the token faced intense sideways movement over the past month. POL dropped to as low as $0.175 in June, with its daily trading volume decreasing to under $100 million.

The Heimdall v2 mainnet launch is just one among other recent developments in the Polygon ecosystem. In our last update, we examined how Polygon partnered with Agora and the AUSD stablecoin. The partnership focused on establishing AUSD as the native stablecoin powering the AggLayer cross-chain ecosystem.

Furthermore, Polygon recorded a new milestone in the Decentralized Finance (DeFi) space. As we covered in our latest report, Polygon surpassed $100 billion in all-time volume on Uniswap.


Recommended for you:


Credit: Source link

RELATED POSTS

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases

Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)

Stabble Urges Users to Pull Liquidity After Alleged North Korean Hacker Link

Buy JNews
ADVERTISEMENT
ShareTweetSendPinShare
Previous Post

Bitcoin Price Watch: Bullish Trend Holds as Market Eyes $120K Breakout

Next Post

VeChain Recognized in Academic Study for Bridging AI, Big Data, and IoT

Related Posts

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases
Crypto News

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases

April 14, 2026
Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)
Crypto News

Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)

April 8, 2026
Stabble Urges Users to Pull Liquidity After Alleged North Korean Hacker Link
Crypto News

Stabble Urges Users to Pull Liquidity After Alleged North Korean Hacker Link

April 8, 2026
Next Post
VeChain Recognized in Academic Study for Bridging AI, Big Data, and IoT

VeChain Recognized in Academic Study for Bridging AI, Big Data, and IoT

SEC charges Georgia’s First Liberty Building & Loan and owner in $140M Ponzi scheme

SEC charges Georgia’s First Liberty Building & Loan and owner in $140M Ponzi scheme

Recommended Stories

Treasury Proposes Stablecoin AML Rules as Bessent Vows to Protect US Financial System – Crypto News Bitcoin News

Treasury Proposes Stablecoin AML Rules as Bessent Vows to Protect US Financial System – Crypto News Bitcoin News

April 8, 2026
Can US-Iran new peace deal signal keep Bitcoin above $70,000?

Can US-Iran new peace deal signal keep Bitcoin above $70,000?

April 8, 2026
Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)

Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)

April 8, 2026

Popular Stories

  • What’s the Impact of Ordinals on the BTC Network? (Research)

    What’s the Impact of Ordinals on the BTC Network? (Research)

    0 shares
    Share 0 Tweet 0
  • Bitcoin Price Analysis: Stops Hit Above 20836

    0 shares
    Share 0 Tweet 0
  • Judge Faruqui Issues Minute Order Supporting SEC’s Motion to Compel Against Binance.US

    0 shares
    Share 0 Tweet 0
  • MATIC Price Prediction: $0.80 Target by November 2025 Despite Current Bearish Momentum

    0 shares
    Share 0 Tweet 0
  • Coinbase ‘Will Not Institute a Blanket Ban’ on All Transactions Tied to Russian Crypto Addresses – Bitcoin News

    0 shares
    Share 0 Tweet 0
CryptoSpiel.com

This is an online news portal that aims to provide the latest crypto news, blockchain, regulations and much more stuff like that around the world. Feel free to get in touch with us!

What’s New Here!

  • Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases
  • SEC Opens Proceedings on NYSE Proposal to List Grayscale Crypto ETF Options – Regulation Bitcoin News
  • Anthropic Reveals Claude Code Tool Design Philosophy Behind AI Agent Development

Subscribe Now

Loading
  • Live Crypto Prices
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - cryptospiel.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams

© 2021 - cryptospiel.com - All rights reserved!

Please enter CoinGecko Free Api Key to get this plugin works.