Cointime

Download App
iOS & Android

Polygon zkEVM down due to issues with blockchain sequencer

Validated Media

Ethereum scaling protocol Polygon has announced that its zero-knowledge Ethereum Virtual Machine (zkEVM) is currently experiencing downtime due to an issue with its blockchain sequencer.

In a post on X, Polygon reassured its two million followers that the issue is confined to the zkEVM specifically and does not impact any other chain deployed using the Polygon chain development kit (CDK).

“This only impacts Polygon zkEVM (which is the only rollup) and does not impact Polygon PoS, Polygon CDK, or any chain that has deployed using Polygon CDK.”

Polygon clarified that the problem comes from the blockchain sequencer, which is responsible for organizing and combining transactions into batches before relaying them to the Polygon zkEVM smart contract on Ethereum's main network.

The blockchain platform emphasized it is working on fully resolving the issue and has promised to release a comprehensive "post-mortem" statement once the matter is resolved.

Polygon posted on X regarding the zkEVM downtime.

Several X users were speculating over why the crypto community has remained silent regarding the unexpected prolonged network downtime.

A user on X, 0xngmi asked his 101,900 followers “why is nobody talking about how Polygon zkevm has been down for 10h and is still down?”

While another user who goes by the username Mirza.inj, highlighted to his 14,800 followers why "Polygon zkEVM was down for over 10 hours and no one said anything."

This comes only a month after the Solana network experienced a significant outage.

On Feb. 6, Cointelegraph reported that block production on the Solana network halted for over five hours before validators restarted the network. Since January 2022, Solana has seen around half a dozen significant outages.

In March 2023, Polygon launched the zkEVM to its mainnet beta in an effort to allow developers to deploy smart contracts with increased finality and lower costs.

After it was released, Cointelegraph reported that it mimics the transaction execution environment of Ethereum’s mainnet.

Polygon claimed that the open-source zkEVM allows decentralized applications (DApps) to scale through transaction batching, unlocking higher performance.

Comments

All Comments

Recommended for you

  • ETH breaks $2,000

    the market shows ETH breaking through $2000, currently at $2000.7, with a 24-hour decline of 3.93%. The market is highly volatile, please manage your risk accordingly.

  • BTC breaks through $68,000

    the market shows BTC breaking through $68,000, currently at $68,000.01, with a 24-hour decline of 3.33%. The market is highly volatile, please manage your risk accordingly.

  • BTC breaks through $67,000

    the market shows BTC breaking through $67,000, currently at $67,006.7, with a 24-hour decline of 3.83%. The market is highly volatile, please manage risk accordingly.

  • COINMY Named Title Sponsor of “The Silent Rise” Summit in Hong Kong on February 9

    According to CoinTime, COINMY has been confirmed as the title sponsor of “The Silent Rise” summit, taking place in Hong Kong on February 9. COINMY (CMY) is a globally compliant digital asset exchange focused on bridging traditional payment systems with the crypto ecosystem, with an emphasis on transparency, security, and efficient global trading infrastructure. “The Silent Rise” is a themed summit co-hosted by RWAX, METASTONE, ChainTimes, and other ecosystem partners, with sponsorship support from CoinMy, Nexus Chain, and several more Web3 projects. The event will be held from 14:00 to 22:00 on February 9 at the 28th floor of Crowne Plaza Hong Kong Causeway Bay, and is positioned as one of the most anticipated side events during Consensus Hong Kong 2026. The summit will feature multiple roundtable discussions covering key themes such as AI, Real-World Assets (RWA), and next-generation financial systems. The summit brings more than 20 prominent speakers to explore emerging trends, system design, and the evolving architecture of Web3.

  • Cardano founder: Over $3 billion lost in the crypto space

    On February 6, Cardano founder Charles Hoskinson revealed in a live broadcast that despite losing more than 3 billion US dollars in the crypto field, he still chooses to stay in the industry rather than quit. In response to external comments that he can afford the losses because he is wealthy, he said: "If you think I am in this business for the money, you are completely wrong — even if I lose everything, I will not stop."

  • Tether makes a $100 million strategic equity investment in Anchorage Digital

    Tether announced a $100 million strategic equity investment in Anchorage Digital. Anchorage Digital Bank N.A. is the first federally regulated digital asset bank in the United States, providing staking, custody, governance, settlement, and stablecoin issuance services to global institutions and innovators to promote the shared goal of advancing the next phase of digital asset applications.

  • ETH falls below $2100

    the market shows ETH fell below $2100, currently at $2099.68, with a 24-hour decline of 7.97%. The market is highly volatile, please manage your risk accordingly.

  • U.S. Labor Department: Non-farm payrolls will be released on February 11, CPI data will be released on February 13.

     U.S. Bureau of Labor Statistics has rescheduled the release date of the January non-farm payroll report to February 11; the January CPI report release date has been rescheduled to February 13. In addition, the December Job Openings and Labor Turnover Survey report will be released on February 5.

  • Bloomberg ETF analysts: ETF funds showed high stability during the Bitcoin decline, with 94% of holdings remaining stable.

     Bloomberg ETF analyst Eric Balchunas stated that despite Bitcoin experiencing a significant pullback of about 40% and some investors still being at a floating loss, only about 6% of assets in Bitcoin ETFs have been withdrawn, with approximately 94% of funds remaining, indicating that ETF investors' holdings remain relatively resilient.

  • An entity sold a large amount of ETH on Hyperliquid to repay its Aave loans held in 11 wallets.

     according to MLM monitoring, an entity has been selling a large amount of ETH on Hyperliquid to repay its Aave loans in 11 wallets. The entity sold 31,700 ETH (worth $80.8 million) on the Hyperliquid platform in the past 5 hours, bringing the total sales over the past 4 days to 47,000 ETH (worth $120 million). It is reported that the entity deposited 49,600 ETH (worth $112 million) into the Aave account and borrowed $86 million USDC against it as collateral. However, due to the decline in ETH prices, the institution's position is close to liquidation, so it has to continue selling ETH to repay the debt and avoid being fully liquidated.