A new bridge is now facilitating the connection between Polkadot (DOT) and its sister chain or “canary network” Kusama (KSM).

Polkadot faces bearish pressure as it struggles to maintain critical support levels, signaling potential further declines in its price action.

DOT has been on a downward spiral recently. However, a price reversal looks likely with bulls attempting a recovery of its YTD high.

A blockchain analytics platform is revealing that over the past 30 days, Polkadot (DOT), Kusama (KSM) and Cardano (ADA) have emerged as the top-three crypto assets in development activity.

Polkadot [DOT] recently published the latest edition of its weekly digest, mentioning all the notable developments that happened in the ecosystem in the last seven days.

Polkadot [DOT] maintained its number one spot on the list of blockchains in terms of monthly development activity. This was a commendable feat, as the blockchain remained consistent with its updates.

Polkadot (DOT) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the Distributed Software Platform has gained 0.67% to $6.16.

The past 48 hours have seen Polkadot making significant strides with key updates and market movements that highlight its ongoing evolution and potential. Here's an overview of the recent developments in the Polkadot ecosystem.

In this article, we’ll explore the potential impact of Spacewalk — an innovative fiat bridge — on the future price of Polkadot (DOT). Alongside this, we’ll discuss how Collateral Network (COLT) — a Web3 lending platform in the presale phase — could offer investors 35x gains before 2024.

N3MUS is the first recipient of Moonbeam's innovation fund and is tasked with developing a gaming-focused ecosystem on the network.

Despite facing headwinds in 2023, Polkadot experienced a remarkable 25.6% surge in revenue variation, offering hope for its market position.

The Polkadot (DOT) ecosystem is billed to see a number of additional functionalities through targeted protocol upgrades that are set to go live in the near term. According to a new Twitter thread by Bill Laboon, a Kusama Council Member, at least two key proposals to boost network functionality have attained over 95% approval by voters.

On-chain analytics company Santiment has shown that Polkadot’s development activity, combined with that of its pre-production network Kusama, has been higher than that of Cardano during the past 30 days.

Polkadot is making a significant play in the Non-Fungible Token (NFT), and Web 3 arena as the space grows and the link gets deeper. The development of the Internet and how we interact with digital assets are tied to Web3 and NFTs. Polkadot is putting its foot down early with a recent collaboration announcement with Beatport. Needless to say, a favorable effect on DOT may be on the cards too.

Live at the Sub0 conference, Polytope Labs announced its upcoming protocol, Hyper Bridge, in the web3 space. The product is meant to solve the interoperability challenge between Polkadot and Ethereum with the help of ISMP.

Polkadot (DOT) is on a mild bullish rampage today as the broader market is in recovery mode. Polkadot is changing hands at a price of $4.57, up by more than 2.54% in the past 24 hours and by more than 5% in the trailing seven-day period, according to data from CoinMarketCap.

$37 Million Investment in Outreach and Marketing Polkadot has made significant strides in promoting its ecosystem, spending nearly $37 million on outreach and marketing in the first half of 2024. This investment aims to attract new users, developers, and businesses to the network, covering advertising, sponsorships, and influencer partnerships. This extensive outreach reflects Polkadot’s commitment to growing its community and increasing adoption of its blockchain technology​ (The Daily Hodl)​.

Polkadot (DOT) Poised for a Breakout Amid Network Upgrades and Growing Adoption July 18, 2024 — The last 48 hours have been noteworthy for Polkadot (DOT), highlighting significant technological advancements, market performance, and ecosystem developments. Here’s a comprehensive update on the latest happenings surrounding Polkadot.

Polkadot Insider revealed that the number of stakers in the Polkadot [DOT] ecosystem has been on a rise since the beginning of this year.

In the past 48 hours, DOT registered a bounce close to 3% higher. Yet, the spot CVD has been in a downtrend during this time.