April 11th, 2025
Polkadot (DOT) News
Dive into the latest Polkadot (DOT) news and stay informed about one of the most innovative blockchain networks in crypto. Polkadot offers a framework of interconnected blockchains that exchange data for seamless operations. This interoperability solution confirms the Polkadot ecosystem as a major player in decentralized finance (DeFi).
Grayscale Joins 21Shares to File for Polkadot ETF with US SEC
The SEC’s decision on the Polkadot ETF could set the tone for broader regulatory acceptance of crypto investment products.
Polkadot to Educate Lawmakers in UK with First Blockchain Course
The Polkadot Blockchain Academy has introduced “Blockchain Basics”, a three-day educational course aimed at equipping lawmakers with the knowledge needed to create robust crypto policies.
Polkadot Parachains Thrive as NeuroWeb Adds 2.4M Knowledge Assets
As the crypto market faces bearish pressure, Neuroweb.AI emerges with a record of 2.4 million knowledge assets, driving 6.96 million Polkadot parachain transactions. Will Neuroweb’s growth reshape AI in decentralized ecosystems and pump Polkadot’s price beyond $10?
DOT
$3.70
Market Cap
$5.64 B
24h Volume
$179.30 M
24h Low/High
$3.6 /
$3.8
1h
-0.72%
24h
-0.46%
7d
1.84%
Will Activity Surge over Polkadot Chains Give 2x Rally?
By Vishal Dixit
December 6th, 2024
Polkadot’s parabolic rally continues, as it remains among the top performers over the last 30 days. The bull run has reached prices last seen in March 2024 and hit new record highs over the network. As the price chart predicts a potential rally, bulls target these key levels.
Polkadot (DOT) Price Flashes Bullish Signal amid Ongoing Altcoin Breakout Fueled by Strong Fundamentals
By Steve Muchoki
November 8th, 2024
Polkadot price has established a robust support level above $3.6 in the past year, which is a basis for the ongoing bullish outlook.
Aventus Highlights Prospect of Polkadot to Upgrade Aviation Sector
By Godfrey Benjamin
August 7th, 2024
The use of blockchain reduces administrative overhead and minimizes errors by automating manual processes via self-executing smart contracts.
Hashdex Files S-1 for Its Index-Based Crypto ETF
By Anisha Pandey
July 25th, 2024
Hashdex’s filing follows closely on the heels of the recent approval for spot Ethereum ETFs to start trading on July 23.
Sovereign Nature Initiative Taps Polkadot to Launch DOTphin for Environmental Good
By Godfrey Benjamin
July 9th, 2024
One key feature of DOTphin is its crucial alignment with Polkadot’s green blockchain credentials.
Astar Network Burns 350M ASTR Tokens Following Community Vote
By Anisha Pandey
July 8th, 2024
The market capitalization of ASTR experienced a significant boost, climbing above $400 million, which is a 20% increase within the last 12 hours
Polkadot’s 2024 Spending Spree Triggers Community Alarm
By Anisha Pandey
July 2nd, 2024
Despite this extensive spending, Polkadot’s visibility on social media platforms, including social media platform X, remained surprisingly low.
Swiss Bank PostFinance Embraces Solana and XRP with New Trading Options
By Chimamanda U. Martha
July 2nd, 2024
Despite PostFinance’s recent addition of new cryptocurrencies to its trading platform, the crypto landscape for banks in Switzerland has not been without challenges.
Wanchain Debuts New Bridge to Connect Polkadot and Cardano Blockchains
By Anisha Pandey
June 27th, 2024
Wanchain has come up with a pioneering functional solution, aiming for a more interconnected and versatile blockchain landscape.
Analyst Claims XRP Would Provide Lowest Returns with Highest Risk
By Anisha Pandey
May 29th, 2024
Based on Jason Pizzino’s analysis, the top altcoin performers included Solana (SOL) with a notable surge of 180%, indicating strong growth momentum.
Polkadot (DOT) JAM Upgrade Approved by Community: Details
By Godfrey Benjamin
May 27th, 2024
The JAM Implementer prize is a 10 million DOT reward pool meant to encourage the creation of implementations in various programming languages to strengthen the ecosystem’s foundation.
Bitcoin Investment Products Record Fourth Week of Net Outflows, What’s Next?
By Bhushan Akolkar
May 7th, 2024
The recent upward momentum in Bitcoin (BTC) price has prompted options traders to reassess the likelihood of the cryptocurrency reaching the $100,000 by the year-end.
Polkadot DOT $3.70 24h volatility: 0.5% Market cap: $5.64 B Vol. 24h: $179.30 M has made a name for itself in the blockchain sector thanks to its unique approach to interoperability. Instead of operating independently like most other blockchains, Polkadot functions as a protocol that connects multiple blockchains, called parachains. This simplifies the exchange of assets and data across various networks and makes Polkadot one of the most transformative blockchains as it addresses cross-chain communication, a major challenge in the blockchain sector.
Polkadot includes the Relay Chain in its architecture, which handles network consensus and security, ensuring that the parachains can process their transactions while enjoying the main chain’s security, without sacrificing scalability. Although parachains are independent, they interact through the Relay Chain.
According to several Polkadot news stories, the network maintains its focus on cross-chain communication between chains and continuously improves this sharding model.
Using the DOT token, the Polkadot ecosystem ensures its governance is highly decentralized. Token holders contribute to decision-making on the platform, proposing changes, voting on network decisions like upgrades, and influencing the addition of new parachains. The democratization of Polkadot decision-making ensures that holders maintain a sense of community and continuously contribute to the flexibility the platform needs in the evolving blockchain space.
In addition, Polkadot’s connection of parachains helps developers build with connectivity in mind instead of limiting their decentralized applications (dApps) to one blockchain.
Explore the Polkadot (DOT) guide for more information about this blockchain’s efforts at blockchain interoperability.
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FAQ on Polkadot (DOT) News
What is Polkadot blockchain based on?
Polkado operates on its own blockchain while using its Relay Chain as a central coordinating hub for several independent interconnected blockchains (parachains).
What language does Polkadot use?
Polkadot smart contracts are typically written using the Rust programming language.
Who is the owner of Polkadot?
Polkadot was created by Dr. Gavin Wood, an Ethereum co-founder and former CTO. Polkadot’s core technology development is under the purview of Parity Technologies, a core blockchain infrastructure company co-founded by Wood.
What algorithm does Polkadot use?
The Polkadot blockchain uses the Nominated Proof of Stake (NPoS) consensus algorithm, which involves validators producing new blocks and validating transactions, as well as nominators supporting validators by staking tokens and nominating trusted validators.
What issues does Polkadot address?
Polkadot primarily solves blockchain interoperability problems by allowing multiple blockchains to securely communicate and share data while processing transactions in parallel to improve scalability.