Polygon Co-Founder Mihailo Bjelic Steps Down: Impact on Ecosystem and Token.

Polygon has experienced a significant leadership shift with the departure of co-founder Mihailo Bjelic, effective May 23, 2025. This move marks the third co-founding member to leave Polygon since 2023, raising questions about the project’s future direction and market implications. Bjelic’s exit coincides with Polygon’s transition to the 2.0 roadmap which will see MATIC tokens converted into POL tokens. This transition may fuel investor anxiety in the face of continued departures from core team members. The impact on the Ethereum ecosystem is yet to be fully understood, but it remains a point of keen observation for investors as market volatility could arise.