Polygon’s Proof-of-Stake Chain Faces 10-15 Minute Transaction Delays

Polygon's proof-of-stake chain is currently experiencing transaction delays, with finality lagging by 10–15 minutes. Finality ensures that a transaction is irreversible once confirmed in the blockchain.

Key points:

  • A fix has been identified and is being implemented for validators and service providers.
  • The slowdown is linked to issues with some Bor/Erigon nodes and RPC providers.
  • Node restarts helped many validators, while others needed to rewind to the last finalized block to resync.
  • This disruption follows the recent Heimdall v2 upgrade, which aimed for 5-second finality.
  • The POL token dropped approximately 3%, trading around 26 cents during early U.S. hours.