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Polygon founder apologizes after marketing post misinterpreted as mocking Abstract's Ethereum shutdown

Market News
07 Oct 2026
Tokenpost
View Source
Neutral
Polygon founder apologizes after marketing post misinterpreted as mocking Abstract's Ethereum shutdown

Polygon founder Sandeep apologized after a post from Polygon's official account was seen as mocking Abstract's decision to shut down its Ethereum layer-2 network. He clarified the post was meant as self-deprecating promotion and not to mock Abstract, expressing respect for Abstract's founder and team. Polygon itself ended its zkEVM project, giving Sandeep insight into the challenges involved. Abstract will shut down its Ethereum layer-2 network on December 15, 2026, citing limited DeFi activity and weak liquidity as reasons.

Polygon founder Sandeep's apology over a controversial post is presented here with Pluang's market data as of Oct 07, 2026 16:21 WIB. For readers following major cryptocurrencies, breadth showed 5 rose and 44 fell out of 50 priced assets. Notable movers included EGLD at Rp72.880 with a -8.73% change and 57% sell order activity, UNI at Rp144.860 down -8.61% with 65% buy order activity, and EOS at Rp12.649 up +8.13%.

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