Today, the Galaxy project shut down first, and now Acala, the flagship project on Polkadot, has also reached its final closure date of February 10, 2027. Do you remember back then when Polkadot was the crown jewel, constantly dominating headlines with its parachain auctions? One auction followed another, until the lies could no longer be sustained—and eventually, everyone woke up. Acala, touted as Polkadot’s cross-chain DeFi hub, was once highly anticipated, peaking at over $2 per token. Today, it trades at $0.0002. It would require a 10,000-fold increase just to return to its former peak—meaning that what was once worth $20,000 is now worth only $2. This effectively signals the death of the chain. Closure is now urgently inevitable.
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