BitMine Immersion Technologies saw its stock price surge by 45% to $59.00 after surpassing $500 million in ETH holdings, but the gains were short-lived, dropping to $41.02 by the end of the day. The company's stock has been highly volatile due to its ETH treasury strategy.
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.