Blockchains Shift Focus from Gas Fees Amid BNB Chain Growth
The growth of BNB Chain has led to a shift in priorities for certain blockchains. According to a statement from the BNB Chain Growth Director, reducing gas fees is no longer the primary goal.
Loracle, a prominent player, has increased its short position on PONS to 24.72 million tokens, resulting in unrealized losses of $7.11 million at one point.
Ogle holds the largest amount of PONS, with 15.28 million tokens and an unrealized profit of $13.77 million.
Cathie Wood noted that Bitcoin and gold prices are starting to diverge as the 'new economy' takes shape.
Ethereum's Layer 2 strategy has been criticized by Ignas, who pointed out that a certain exchange earns $6 million daily while Ethereum struggles to benefit.