POLYX +508.23% in 24 Hours Amid Major Protocol Upgrades

On AUG 12 2025, POLYX rose by 508.23% within 24 hours to reach $0.1471, POLYX rose by 433.55% within 7 days, rose by 707.51% within 1 month, and dropped by 4460.38% within 1 year.

Protocol Launches New Governance Model

A recent update to the POLYX blockchain introduced a decentralized governance framework, allowing token holders to directly vote on key protocol decisions. This change aims to enhance transparency and community participation, aligning with broader trends in on-chain governance. The upgrade also included a new tokenomics model, which adjusts staking rewards and burn rates based on on-chain activity.

Partnership with Cross-Chain Infrastructure Provider

POLYX announced a strategic integration with a major cross-chain infrastructure platform, enabling seamless asset transfers between multiple blockchain ecosystems. The partnership is expected to boost interoperability and attract a wider range of developers and users to the POLYX network. Technical testing has already begun, with the full implementation set for a phased rollout over the coming weeks.

Community-Driven Development Gains Momentum

The POLYX community has seen a surge in active participants across governance forums and development channels. A recent proposal to fund new dApps received over 60% approval from voters, signaling growing confidence in the network’s direction. This increase in engagement is attributed to both the new governance model and the recent cross-chain integration.

New Staking Incentive Program Launched

To further drive adoption, the POLYX protocol launched a limited-time staking incentive program, offering boosted yields for participants locking their tokens for extended periods. This initiative is part of a broader effort to stabilize the token’s supply and increase long-term utility. The program is open for a three-month period and is expected to contribute to on-chain activity and overall token utility.

Token Burn Mechanism Optimized

In an effort to reduce circulating supply and increase scarcity, the POLYX team implemented an optimized token burn mechanism. The updated system automatically burns a portion of transaction fees based on network usage, with the goal of making the burn rate more adaptive to market conditions. Early data shows a significant increase in the volume of tokens being burned during high-usage periods.

Validator Node Expansion

The POLYX network has expanded its validator node infrastructure, increasing the total number of active nodes by 30% in the last month. This expansion is intended to improve network security, reduce latency, and increase throughput. The new nodes are distributed across multiple data centers and are fully compatible with the latest protocol upgrades.