Blockchain
Polygon Team Discusses Its Big Future Plans with LBank in AMA
LBank Exchange held an AMA session with the Polygon team discussing Polygon’s achievements, collaborations, NFT and Gaming markets, Nightfall solution, future plans and so on. Here’s the summary of this AMA.
Dubai, United Arab Emirates–(Newsfile Corp. – November 5, 2021) – Ethereum is the most popular blockchain development platform, although it has drawbacks such as limited throughput, poor user experience, and lack of authority. Polygon, as a protocol and framework for creating and linking Ethereum-compatible blockchain networks, overcomes these barriers by aggregating scalable Ethereum solutions and providing a multi-chain Ethereum ecosystem.
Polygon Exceeds Ethereum’s Active Users
Polygon is a layer 2 aggregating solution which is built on top of Ethereum, and has accomplished great achievements since its inception. Moreover, its POS chain now hosts over 2000 DApps and handles more than 7 million transactions per day. As a matter of fact, Polygon now drives more active users on a daily basis than Ethereum.
Significantly, MATIC, the native-token of the Polygon Network is already available on trading platforms such as LBank Exchange with a current trading volume of over $1 billion. The Polygon team wants to see more individuals possess MATIC tokens, and it also wants to see MATIC’s trading volume on LBank Exchange expand.
Enhancement Of Polygon Network
The team is very focused on implementing NFTs and gaming projects on Polygon to offer users more artwork and fun. Since the network has the potential to attract thousands of new users into blockchain, they consider NFT and gaming marketplaces as the crucial sector to focus on. Some of the most well-known gaming projects, including Decentral Games, Sandbox, Somnium Space, Vulcan Verse, and others, are already live on Polygon. OpenSea, Lazy.com, Autograph, and other NFT initiatives are examples.
Consequently, Polygon also provides for huge scalability, as minting costs on Polygon are 100,000 lower on average than Ethereum. Polygon also has products geared for enterprise customers who want privacy and scalability, such as Nightfall, a one-of-a-kind, privacy-focused Rollup that blends Optimistic Rollups with Zero-Knowledge (ZK) cryptography frequently utilized in ZK Rollups. It combines the two prominent technologies into a scalable and private hybrid.
In addition, the team anticipates that Polygon Nightfall will lead a significant number of transactions as it has the potential to attract huge corporations onto the blockchain. Besides, the team believes that it will also bring new projects and users to the Polygon ecosystem.
Future Holds Big Plans
The Polygon team has some huge ambitions in the works. Polygon is significantly investing in ZK and ZK Rollup technologies on the technical side; for instance, the team has indeed spent $250 million on acquiring Hermez, a decentralized, open-source blockchain platform.
Polygon has also purchased four more teams to help them develop more ZK Rollup chains. Additionally, the goal of the team is to create highly scalable EVM-enabled ZK Rollup technology. Polygon will also be releasing updates to their POS chain as well as information on the deployment of EIP 1559.
Polygon’s Head of Growth, Arjun has shared some exciting updates on the commercial side which includes plans on DApps integrations as well. Significantly, he points out that LBank is working to improve its global branding. He also emphasizes that the team’s success is due to the community’s support, and that the team will continue to work with LBank Exchange to offer more Polygon projects and tokens to the community. The Polygon team will continue to update its official social media platforms, such as Twitter, with more information about future plans and news.
About Polygon
Polygon is an Ethereum-based layer 2 aggregating scalable solution that works with a multi-chain Ethereum ecosystem. The platform addresses blockchain issues such as high gas fees and limited speed without compromising security. It’s a framework and protocol for creating and linking Ethereum-compatible blockchains.
Visit Us to Know more:
Website: https://polygon.technology/
Twitter: https://twitter.com/0xPolygon
Telegram: https://t.me/polygonofficial
Discord: https://discord.com/invite/polygon
About LBank
LBank is a rapidly expanding crypto trading platform that provides secure trading to individuals all around the world. The team intends to create professional crypto-asset integration services as well as a convenient trading platform. With over 6.4 million users worldwide, it has grown extremely popular.
Visit Us to Know More:
Website: https://www.lbank.info/
Twitter: https://twitter.com/LBank_Exchange
Telegram: https://t.me/LBank_en
LinkedIn: https://www.linkedin.com/company/lbank
Facebook: https://www.facebook.com/LBank.info/
Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102146
Blockchain
Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation

Blockchain’s metamorphosis from niche ledger technology to the backbone of Web3 has never been more evident. Today, we cover five stories that illustrate the evolving ecosystem: a gaming platform issuing its own token on Solana; Europe’s marquee Web3 summit; a major bank forecasting a “ChatGPT moment” for blockchain; a Southeast Asian conference aimed at busting crypto myths; and a foundation rebuilding blockchain from the ground up to solve scalability. Each development—whether product launch, industry gathering, macro forecast, educational initiative, or infrastructure innovation—offers a window into the trends shaping decentralized finance, NFTs, DeFi, and beyond.
1. BitNile.com to Launch Nile Coin on Solana
News Summary
Hyperscale Data’s subsidiary BitNile.com will introduce the Nile Coin on Solana starting May 1, 2025. The U.S.–based social gaming site chose Solana for its high throughput and low fees, aiming to enhance in-game economies, reward engagement, and deliver seamless micro-transactions. Details on tokenomics and governance are forthcoming, but management touts Nile Coin as a cornerstone of future gaming experiences.
Source: CoinTrus
Analysis & Commentary
Launching a proprietary token underscores two converging trends: the gamification of finance and finance-ification of gaming. By minting Nile Coin, BitNile.com taps into DeFi mechanics—staking, liquidity pools, NFT rewards—while leveraging Solana’s scalability. Strategically, BitNile.com positions itself for partnerships with NFT marketplaces and DeFi protocols, potentially opening secondary markets for in-game assets and generating new revenue streams beyond ad sales or subscription fees.
2. Dutch Blockchain Week 2025 Gears Up in Amsterdam
News Summary
From May 19–25, Amsterdam will host the sixth annual Dutch Blockchain Week, culminating in the two-day summit (May 21–22) at De Meervaart. Tier 1 exchanges (Bitvavo, Kraken, Coinbase), Web3 pioneers (WOW.ai, Blockrise), regulators (European Commission, De Nederlandsche Bank), and industry partners (Mastercard, Deloitte) will convene. Side events range from AI-powered hackathons tackling compliance to padel networking meetups—underscoring the event’s blend of technology, policy, and community.
Source: Dutch Blockchain Week
Analysis & Commentary
Dutch Blockchain Week typifies the maturation of blockchain conferences into multidisciplinary forums. Beyond token talk and yield farming, panels on regulation, institutional adoption, and security reflect Web3’s integration into mainstream finance. Anticipate announcements on CBDC pilots, DeFi compliance frameworks, and cross-chain interoperability projects that may emerge from the Block & Order Hackathon.
3. Citigroup Predicts Blockchain’s “ChatGPT Moment”
News Summary
In an April 23 report, Citigroup analysts argue that 2025 could be blockchain’s “ChatGPT moment,” driven by regulatory clarity around stablecoins and integration with traditional financial systems. They forecast stablecoin market capitalization ballooning to $1.6 trillion (base case) or as much as $3.7 trillion (bull case) by 2030—anchored by dollar-denominated issuers and collateralized with U.S. Treasuries. Regulatory frameworks like the GENIUS Act could catalyze adoption among banks and fintechs.
Source: Cointelegraph
Analysis & Commentary
Drawing parallels to generative AI’s explosive growth, Citigroup envisions a tipping point where blockchain moves from experimental to essential infrastructure. Successful integration will hinge on robust compliance tools, auditability, and clear governance models. Enterprise blockchain vendors should prepare for surging demand in tokenized payments, on-chain settlements, and embedded DeFi rails within legacy systems.
4. Philippine Blockchain Week 2025 Debunks Crypto Myths
News Summary
Scheduled for June 10–11 at SMX Convention Center Manila, Philippine Blockchain Week (PBW) 2025 will tackle misinformation and spotlight real-world use cases. Highlights include “Crypto, Unpacked” sessions demystifying the technology; “Smart Regulation” panels uniting policymakers and innovators; and “Blockchain for Impact” showcases on remittances, disaster relief, and digital identity. Founding President Donald Lim emphasizes government support and public–private collaboration to spur inclusive growth.
Source: UseTheBitcoin
Analysis & Commentary
PBW exemplifies how emerging markets leverage education to accelerate Web3 adoption responsibly. By engaging regulators early, PBW can shape balanced frameworks that encourage innovation while protecting consumers—an instructive model for markets wrestling with both hype and skepticism.
5. D.O.G.E Foundation Launches New Blockchain, Opens Seed Round
News Summary
The D.O.G.E Foundation announced a ground-up blockchain rebuild designed to solve the scalability and reliability challenges plaguing existing networks. This modular architecture separates validation from execution to enable parallel transaction processing—targeting real-time gaming, DeFi under high load, and AI-driven applications. A seed funding round is now open to investors who share the vision of a performant, decentralized infrastructure.
Source: D.O.G.E Altcoin GlobeNewswire
Analysis & Commentary
As layer-1 congestion and high gas fees persist, new entrants must justify a “why now” with clear architectural advantages. If the D.O.G.E blockchain delivers real-world throughput and maintains decentralization, it could spur a renaissance of high-performance DeFi protocols and NFT platforms hungry for cost-effective base layers.
Conclusion & Key Takeaways
-
Tokenization of Entertainment: BitNile’s Nile Coin on Solana highlights blockchain’s expansion into gaming economies and NFT reward systems.
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Convergence of Tech, Policy & Community: Dutch Blockchain Week showcases Web3’s evolution into an ecosystem engaging regulators, enterprises, and developers under one roof.
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Mainstream Inflection Point: Citigroup’s “ChatGPT moment” thesis suggests blockchain is poised for exponential adoption given regulatory support.
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Education as Catalyst: Philippine Blockchain Week’s myth-busting curriculum underscores the importance of public–private dialogue in emerging markets.
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Infrastructure Innovation: The D.O.G.E Foundation’s modular, high-throughput chain exemplifies the next wave of layer-1 networks addressing real-time, real-world use cases.
Today’s stories convey that blockchain’s next chapter will be written through strategic token launches, global convenings, regulatory clarity, educational outreach, and radical infrastructure redesign. By tracking these threads, industry participants can anticipate opportunities in DeFi, NFTs, Web3 games, and enterprise integration. Stay tuned for tomorrow’s Blocks & Headlines, where we’ll continue to decode the innovations shaping decentralized finance.
The post Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation appeared first on News, Events, Advertising Options.
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