Polygon has received the biggest upgrade through the presence of the EIP-1599 yesterday.
It is understood with the presence of EIP-1599 on the 23,850,000 block, Polygon has now merged with hard fork London.
Through the introduction of this upgrade also means they will replace the new gas cost calculation mechanism to make it easier for consumers to calculate transaction costs when burning MATIC tokens, including offering clearer costs to its users.
More simply, the presence of EIP-1599 in Polygon means that there will be MATIC burning for every transaction executed.
It is expected that MATIC prices will soar following the presence of this mechanism.
However, MATIC did not show a good price movement except to increase almost 2% to $ 2.2 a few hours after the launch of the EIP-1599.
At the time of writing, MATIC is down nearly 6% from $ 2.2 to $ 2.09 but is down over 5% in 24 hours.
