At press time, ADA was trading near $1.36, a 10.6% fall in the last 24 hours. Scaling tool Polygon’s MATIC token fell 6%, even as the network implemented Ethereum’s fee-burning mechanism, which will destroy MATIC tokens, making its supply deflationary. Solana’s token SOL, Binance token BNB and ether each fell over 2%, while bitcoin traded 1% lower near $41,200, according to CoinDesk data.
This news is republished from another source. You can check the original article here