Future of Ethereum Ecosystem Addressed – 1 Trigger for Next 1,000,000,000 New Users

During a recent interview on the Bankless podcast, Sandeep Nailwal, co-founder of Polygon (MATIC), expressed his belief that his project could be the ultimate solution for the Ethereum (ETH) ecosystem’s infrastructure.

He stated that the transition to Polygon 2.0 would not require any research, only engineering optimization.

Nailwal further explained that the Polygon 2.0 vision could potentially mark the end of the infrastructure era for blockchain.

This architecture could offer infinite scalability and composability across the network, not just for Polygon, but for any infrastructure provider.

According to Nailwal, the success of Web3 will depend on the ability of applications to take the forefront in the crypto world, rather than infrastructure providers.

The focus should be on the apps that build useful solutions for users, making them the heroes.

This can only happen once the infrastructure war is over, and stage one of the infrastructure era is completed with a scalable Web3 infrastructure that can handle up to 200 million or even a billion users.

Polygon Labs, the creators of Ethereum scaling solution, have released a white paper detailing the future changes for the platform’s native token.

The company also made sure to say the fact that the technical proposal aims to improve the MATIC token and rename it to POL.

Polygon Labs says the upgraded token can supercharge the growth of the network as it transitions to Polygon 2.0.

According to a well-known cryptocurrency trader, certain altcoins, such as XRP, Chainlink (LINK), and Polygon (MATIC), are expected to experience positive trends.

Michaël van de Poppe, an analyst with a large Twitter following, predicts that XRP might experience a small dip to around $0.65 before it continues its upward trend.

However, he also believes that the following rally could potentially cause XRP to reach as high as $0.90. He suggests that those looking for short-term gains should consider buying in the range of $0.65-0.69, as there is a possibility of a new rise in value after this.