Mihailo Bjelic, co-founder of Polygon, announced his resignation from the foundation board, drawing attention from the crypto community, though operations remain stable.
Bjelic Resigns After Six Years
Mihailo Bjelic, co-founder since 2019, stepped down from the Polygon board on May 23, 2025. He has led significant advancements in Ethereum scaling solutions and the adoption of zero-knowledge technology. Bjelic stated: "After much thought and reflection, I’ve decided to step down from the board of the Polygon Foundation...".
Community Stability Amid Bjelic's Departure
Market response to Bjelic's resignation has been steady, with no immediate volatility in MATIC or other assets. The crypto community has positively acknowledged the leadership transition, assuring that it does not impact institutional relations or funding efforts.
Blockchain Leadership Changes: Lessons from Ethereum
Historically, there has been low disruption in operational efficacy following key figure departures in projects like Ethereum, indicating that blockchain networks can withstand leadership changes. Polygon demonstrates resilience, backed by strong developer support.
Mihailo Bjelic's resignation marks a significant event in the blockchain sphere, but it has not negatively affected Polygon's functioning. The community remains confident in the project's future.
