DOT Sinks After Breaking Key Support
TL;DR: DOT’s price plunged from $2.09 to $1.97, erasing previous bullish momentum. The decline confirmed the violation of key support at $2.05 under volume 284% higher
Polkadot News (Latest Publications)
Polkadot is a blockchain that has a very clear and innovative goal: to function as an interconnection hub for the various existing blockchains.
To this end, Polakadot has two main functions.
The first is to function as a data transmission and processing blockchain. This would allow Polkadot to be an extra layer of scalability for other blockchains.
And the second is independent operation through its own blockchains. Which gives Polkadot the ability to run its own Smart Contracts and host Decentralized Applications (DApps).
Polkadot uses Parachains technology, which allows it to create sub-chains with independent operation from the main chain, known as Relay Chain.
Crypto.com Adds USDT and USDC Support via Polkadot Asset Hub to Reduce Transfer Costs
TL;DR: Crypto.com now supports USDT and USDC via Polkadot Asset Hub, reducing transfer costs and enabling Layer 1 cross-chain asset management. The exchange expanded regionally through
Hydration, Polkadot’s Largest DeFi Protocol, Launches Native Stablecoin HOLLAR
TL;DR Hydration, the largest DeFi protocol on Polkadot, launched HOLLAR, a decentralized, over-collateralized stablecoin backed by DOT, ETH, and BTC. The token will have an initial
Polkadot Introduces a Hard Cap on Its Token Supply, a Major Shift in Tokenomics
TL;DR Polkadot’s DAO approved a referendum establishing a hard cap of 2.1 billion DOT tokens, replacing its previous open-ended inflationary model. The supply, currently around 1.5
Polkadot Eyes Treasury Resilience with Bold Bitcoin Reserve Proposal
TL;DR Polkadot’s Diversification Strategy: The proposal suggests converting 500,000 DOT into tokenized Bitcoin (tBTC) to hedge against market volatility and strengthen the treasury. Measured Conversion Approach:
Polkadot Price Forecast 2025-2030: Analyzing DOT Recovery and Future Prospects
TL;DR Polkadot’s Resilient Recovery: Amid a crypto market surge and altcoin supply boost, DOT has rebounded to key support levels, presenting a strong buy-the-dip opportunity as
21Shares Moves to Launch Polkadot ETF Alongside XRP and Solana
TL;DR Nasdaq filed with the SEC to list a Polkadot ETF in the U.S. on behalf of 21Shares, tracking the spot price of DOT in the
Grayscale Files for a Polkadot ETF Amid Crypto Market Uncertainty
TL;DR Grayscale has filed for approval of a Polkadot-based ETF, joining the trend of new proposals for crypto funds. The crypto market saw significant drops, with
Polkadot’s 200% Surge in Transactions—Can It Overtake Ethereum?
TL;DR Polkadot experienced a 200% increase in monthly transactions in the fourth quarter of 2024, driven by the use of rollups like Neuroweb and Frequency. The
Polkadot 2.0 Will Arrive in Q1 2025 Incorporating Elastic Scaling to Boost Network Performance
TL;DR Polkadot 2.0 will be launched in Q1 2025, incorporating Elastic Scaling to improve the scalability and performance of the network. Elastic Scaling, currently being tested
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