Polkadot surges as traders rotate into legacy L1 tokens
Polkadot led a rotation into older layer-1 tokens, gaining between 7% and 20% in a single session while Bitcoin and Ether drifted or held steady.
While Bitcoin and Ether drifted lower on Tuesday, a group of older layer-1 tokens outperformed. Polkadot was among the standouts, rising between 7% and 20% in a single session amid short squeezes, higher on-chain activity and governanc…