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polkadot
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tron
TRON (TRX) $ 0.160415
bitcoin
Bitcoin (BTC) $ 69,763.69
ethereum
Ethereum (ETH) $ 2,435.70
tether
Tether (USDT) $ 0.999965
bnb
BNB (BNB) $ 566.61
usd-coin
USDC (USDC) $ 0.999982
xrp
XRP (XRP) $ 0.515039
binance-usd
BUSD (BUSD) $ 0.99825
dogecoin
Dogecoin (DOGE) $ 0.172175
cardano
Cardano (ADA) $ 0.334805
solana
Solana (SOL) $ 167.21
matic-network
Polygon (MATIC) $ 0.305082
polkadot
Polkadot (DOT) $ 3.87
tron
TRON (TRX) $ 0.160415
More

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

    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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