📣 Ethereum layer 2 Polygon co-founder Jaynti Kanani announces he's stepping back from day-to-day operations! 😮 Kanani, who founded Polygon in 2017, will be "focusing on new adventures" while still contributing to the network from the sidelines. Fellow co-founder Sandeep Nailwal responded with support, saying, "you got to do what you got to do."

- Polygon Labs had a leadership shakeup in July, with Marc Boiron promoted to CEO and President Ryan Wyatt stepping down to an advisory role.

- The network's native token MATIC remains steady at $0.58, up 3.5% in the last 24 hours.

- Polygon declined to comment on Kanani's departure.

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