Polygon Debunks Closure Rumors After Marketing Joke Backfire

Polygon sparked panic in the community after publishing a message that many users interpreted as an announcement of the project's closure. The network team quickly debunked these rumors, emphasizing that the project is on track for a record-breaking year based on key metrics.

Growth Metrics

In its official statement, developers highlighted significant progress across several areas of ecosystem development. Key achievements include a record number of payments, successful cross-chain settlements, and active integration with wallets.

The team also announced the launch of new services for purchasing cryptocurrencies and described upcoming news as 'very bullish.' This indicates a strategic focus on expanding functionality and attracting new users.

Community Reaction

Investors' initial reaction was negative: users expressed concern, and some began joking about renaming the network to PolyGONE. Part of the community criticized this humor, reminding everyone that the POL token trades more than 80% below its all-time high.

A Polygon co-founder apologized for the failed joke, admitting it wasn't received as intended. The marketing campaign was an attempt to ironically respond to speculation about the project's demise despite real growth in metrics.