The Ether: Thursday, July 30, 2026

Aave proposes retiring deployments on six low-revenue chains

Aave governance is weighing shutdowns on Sonic, Scroll, zkSync, Metis, Soneium, and Aptos where deposit volumes have collapsed, freeing operational focus for higher-value markets.

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Polygon Chain hits 5,000 payments per second for stablecoin settlement

Polygon's throughput upgrade enables the network to compete with card networks on speed while maintaining low fees, supporting the Open Money Stack for global fund transfers.

Polygon Chain prepared for prediction markets surge during major sporting event

Polygon raised throughput and locked finality to handle a billion users stress-testing onchain prediction markets during a major international event.

Polygon Open Money Stack enters technical preview for global stablecoin transfers

Polygon's unified API for wallets, ramps, and settlement lets developers move funds globally via stablecoins in seconds, plugging into legacy systems.

Major banks test tokenized money for cross-border settlement in BIS pilot

Twenty-eight global banks including JPMorgan and UBS conducted live trials of blockchain-based settlement for payments, advancing institutional adoption of tokenized financial infrastructure.