Polygon's Latest News: In Depth Analysis: Upgrading from Rio to RWA Dominance In the past few months, @ 0xPolygon (now fully enabled with POL token, formerly MATIC) has seen new trends worthy of industry attention in technology upgrades, ecological expansion, and market positioning. By upgrading from Rio to Real World Asset (RWA) tokenization, Polygon is attempting to find a differentiation path in the fiercely competitive L2 landscape. This article will systematically review these key events and interpret them in conjunction with data and industry trends. 1、 Rio upgrade: laying the foundation for scalability and stability In September 2025, Polygon officially launched the Rio upgrade on the Amoy testnet. This upgrade is an important part of its Gigagas roadmap, with the goal of gradually moving towards a long-term goal of 100000 TPS. Core features: Validator Elected Block Producers (VEBloP): elected by validators to optimize the block generation process and reduce network latency. Stateless Block Verification: The verification node can verify blocks without the need for a complete state, reducing hardware pressure. Eliminating block reorganization: Enhancing the stability and certainty of blockchain, reducing the risk of uncertainty for users and developers. Compared to projects such as zkSync and Arbitrarum, Polygon's move is not simply pursuing the "TPS limit", but emphasizes stability and user experience, which is particularly important for DeFi and payment applications. 2、 33% increase in block capacity: driven by stablecoins and payment demand The Polygon development team announced that they will increase the Block Gas Limit in the fourth quarter of 2025, and the single block transaction processing capacity will increase from approximately 1071 transactions to 1428 transactions, an increase of approximately 33%. Background logic: The demand for stablecoin transfers is rapidly increasing, and Polygon has become one of the important chains for high-frequency small payments of USDC/USDT. Improving throughput means lower congestion risk and a more stable transaction confirmation experience. But there is also a trade-off here: larger blocks mean higher hardware requirements for nodes, increased block propagation latency, and worsening state bloom issues. How Polygon balances performance and decentralization will be a key focus worth continuously tracking in the future. 3、 DeFi and TVL growth: led by Quickswap and Polymarket According to the Cryptoslate report, Polygon DeFi TVL has risen by 43% since 2025. among which Quickswap and Polymarket have brought significant increases in the past 30 days. This indicates that Polygon is not "losing DeFi", but is beginning to transition towards a dual wheel drive of payments and RWA. Meanwhile, the increase in trading activity and DeFi liquidity has enabled Polygon to maintain its relative advantage in the multi chain competitive landscape. 4、 RWA Track Explosion: 1.13B Tokenized Assets Polygon has become a leader in RWA tokenization: TVL exceeds 1.13 billion US dollars, covering 269 types of assets（ http://RWA.xyz data In terms of tokenization of bond assets, the market share is as high as 62%, especially outstanding in the European market. Money market funds, treasury bond and cash assets are accelerating to land on Polygon. This is highly in line with institutional needs: Polygon's low fees, high throughput, and compliance partnership give it a practical landing advantage in the RWA track. Risk point: Regulatory compliance challenges for RWA still exist, especially regarding the classification of tokenized bonds in the United States and the European Union. Once policies tighten, Polygon's advantages may be affected. 5、 Network Stability: Reminder of Finals Delay Events On September 10th, Polygon's mainnet experienced a 10-15 minute delay in finality. Although it has been quickly fixed, the incident reflects: The vulnerability of the network under high load conditions; For stablecoins and payment applications, such events will directly affect user trust. Whether Rio's upgrade and future optimization can fully solve such problems will be the key to observing Polygon's technological maturity. 6、 POL Token Economic Model: The Key to Value Capture Polygon has gradually completed the token switch from MATIC to POL. The value capture mechanism of POL includes: Staking/Restaking: providing security for multi chain environments; Cross chain shared security: POL as the core pledged asset of AggLayer; Protocol fee sharing: With the increase of stablecoin and RWA applications, the transaction fees and MEV capture mechanism will gradually increase the demand for tokens. Critique point: Is the supply-demand balance of POL sufficient to support long-term price growth under multi chain+AgLayer? Is POL's value capture model clear compared to competitors such as ETH, OP, ARB, etc? 7、 Competitive Landscape and Prospects Competitive risks: Arbitrarum, zkSync, Scroll, Base, and others are all vying for market share in Ethereum L2. Technical challenge: Larger blocks and improvements in finality may lead to a trend towards node centralization. Regulatory pressure: The future development of RWA is highly dependent on regulatory policies in various countries. Outlook for 2026: If Rio upgrades smoothly and goes live on the main network, Polygon is expected to form differentiated advantages in throughput, stability, and RWA implementation. If the Gigagas roadmap achieves 100k TPS, it will become one of the key pillars of the Ethereum scaling ecosystem. In summary, Polygon is no longer just a "low-cost chain", but is gradually becoming an "RWA+payment infrastructure". Rio's upgrade and block capacity expansion will determine whether it can truly stand firm in the next bull market.