Mantra token (OM) crashed over 90% in an hour, dropping from $6 to under $0.4, causing a massive market value loss. The sudden closure of account positions without warning triggered the cascade, leading to concerns over exchange practices and RWA token stability.
The Celestia fire sparked widespread discussion about modular blockchains. In fact, modular blockchain has always been an important part of the application chain narrative and is not a new thing.
