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Polymarket to Transition to Independent Ethereum Layer 2 with Native POLY Token
Polymarket is gearing up for a significant infrastructure overhaul that marks a pivotal moment for the prediction market platform. According to recent announcements from the development team, the platform plans to abandon its current reliance on Polygon and establish its own dedicated Ethereum Layer 2 solution branded as POLY.
This transition represents a strategic shift toward greater operational independence. By building its own L2 network, Polymarket aims to achieve improved scalability and control over the platform’s technical infrastructure. The move involves phasing out third-party infrastructure providers, including established names like GoldSky and Alchemy, in favor of proprietary systems.
Key Developments Ahead
The rollout will prioritize the Layer 2 network launch as the top initiative. Complementing this infrastructure upgrade, Polymarket is simultaneously expanding its market offerings. The platform plans to introduce 5-minute resolution markets this week, catering to traders seeking shorter-term prediction opportunities. These ultra-short duration markets could reshape how participants engage with diverse assets—from traditional predictions to specialized markets like poly house price prediction and other niche categories.
The native POLY token is expected to play a central role in the ecosystem, though specific tokenomics details remain to be revealed. This combination of infrastructure independence and product expansion signals Polymarket’s ambition to solidify its position in the growing prediction market landscape while reducing dependency on external infrastructure providers.