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bitcoin
Bitcoin (BTC) $ 94,488.32
ethereum
Ethereum (ETH) $ 3,411.17
tether
Tether (USDT) $ 0.999381
bnb
BNB (BNB) $ 685.92
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cardano
Cardano (ADA) $ 0.901367
solana
Solana (SOL) $ 191.97
matic-network
Polygon (MATIC) $ 0.50541
polkadot
Polkadot (DOT) $ 7.30
tron
TRON (TRX) $ 0.252864
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    HomeCrypto Finance

    Polygon gasoline charges spike 1,000% amid Ordinals-inspired token craze

    Crypto Finance
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    Latest News

    Gasoline charges on layer-2 Polygon surged greater than 1,000% to achieve a peak of $0.10 as customers inundated the community with the minting of Ordinals-inspired tokens dubbed POLS.

    In a Nov. 16 X (previously Twitter) publish, Polygon founder Sandeep Nailwal shared his shock on the elevated transaction exercise on the community, saying the spike may’ve been as a result of launch of a brand new Polygon-based nonfungible token (NFT) assortment.

    POLS induced greater than $86 million of MATIC for use as gasoline. Supply: Dune Analytics
    Polygon gasoline charges have since returned to barely above-average ranges. Supply: Livdir

    Proceed Studying on Cointelegraph

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