The cryptocurrency market is experiencing mixed movements. Binance Coin (BNB) has risen to $600 thanks to the increasing use of the Binance platform. Polkadot (DOT) achieved gains of 7% as its parachain network expands. Avalanche (AVAX) recorded a rise to $55 driven by the increase in decentralized finance projects on it.
Shiba Inu (SHIB) saw a slight increase after announcing new developments in its governance system. Polygon (MATIC) jumped 6% with the growing adoption of its network in decentralized applications. Chainlink (LINK) settled at $18 with rising demand.