A breakout and ket bullish metrics might dictate how DOT does in the short-term.
Polkadot (DOT) and Toncoin (TON) are making headlines with their recent breakouts, signalling the potential for significant growth in 2025. This digital asset trio draws attention as investors look for the next big moves in the crypto market.
Polkadot price was the top laggard large-cap cryptocurrency in 2024, but a rare chart pattern points to a strong rebound in 2025.
Polkadot's Treasury, a vital component of the blockchain network's ecosystem, now holds approximately $210 million worth of assets, equivalent to 31 million DOT. On Dec. 31, Tommi Enenkel, Polkadot's Head Ambassador, shared this update on social media platform X while highlighting the network's financial standing as the year concludes.
Polkadot (DOT) has shown signs of a bearish trend in recent days, and market analysts are now closely monitoring its price action. Despite a 16% increase over the past week, the altcoin's recent chart pattern, combined with declining network activity, suggests that a correction could be imminent.
Number of daily active users on the Polkadot network dropped to 4,200 - Lowest level in 30 days
Polkadot (DOT), a popular cryptocurrency in the blockchain space, is showing signs of significant upward movement after breaking out of a falling wedge pattern on its weekly chart. This technical signal is fueling optimism among traders and analysts, with some predicting a potential rally that could push Polkadot's price to $24.
Polkadot's breakout fuels optimism as technical and social indicators point toward a $24 target.
Polkadot's price was resting at a crucial support, and a successful test can push it towards $30.
21Shares, a leading crypto exchange-traded product (ETP) provider, has made a significant move by registering the 21Shares Polkadot Trust in Delaware on December 19, 2024. This filing signals the company's interest in offering a potential exchange-traded fund (ETF) for Polkadot (DOT), a cryptocurrency that has garnered attention for its unique technology enabling interoperability between blockchains.
Crypto has been hot over the past few months on the back of hope that the Trump administration would ease regulations on the industry and give clarity to developers and entrepreneurs on the Blockchain. That's driven prices higher, but it's also brought in a lot of speculation and FOMO to the crypto market.
This new collaboration allows users to seamlessly convert Euros into USDC. It gives Polkadot users greater flexibility and efficiency when managing their digital assets.
DOT just entered a key Fibonacci zone, one where it is likely to see a demand comeback.
21shares registered a trust in Delaware on Dec. 19, called the 21Shares Polkadot Trust, for a potential exchange-traded product indexed to Polkadot (DOT). As of press time, 21shares has not spoken publicly about the filing.
Digital asset manager 21Shares has registered its Polkadot Trust in Delaware, marking another step to expand exposure to the smart contract network for accredited investors. This move joins the growing list of firms launching new crypto products.
21Shares has registered its Polkadot Trust Fund in Delaware, enabling investors to gain exposure to Polkadot's innovative blockchain ecosystem.
Polkadot (DOT), a major blockchain project known for its innovative technology aimed at enabling cross-chain interoperability, has seen significant volatility and growth. In recent months, it has experienced a surge, making investors optimistic about its future potential.
The crypto market is busy with its usual ups and downs. SUI is powering through, hitting 431 million transactions in October and the SUI price prediction hints at a possible 75% rally. Polkadot, though facing a bearish trend, could see a significant upswing if it breaks past $4.15.
Polkadot (DOT) is no stranger to dramatic price movements. Over the past 24 hours, Polkadot has experienced a steep decline, with its value dropping by nearly 10%.
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?
Polkadot lost a substantial amount of its market cap in the last 24 hours, and the trend might continue.
Denpasar, Bali / Indonesia, 9th December 2024, Chainwire
Polkadot (DOT) has been one of the standout performers in the crypto space recently, showing strong bullish movement throughout the last month. However, despite a recent surge that saw the price peak at $11.65 in early December, technical indicators suggest that a short-term pullback could be on the horizon.
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Polkadot (DOT) is turning heads in the cryptocurrency market with its recent price surge and record-breaking activity levels. Over the past month, DOT has gained remarkable momentum, climbing to its highest prices in nearly a year.
The buying volume has been soaring over the past month, evidenced by the OBV's new high.
Litecoin joined Polkadot as an underperformer, falling 3.8%.
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.
In what has been one of the most bullish months of the year, asset manager and crypto exchange-traded fund (ETF) issuer VanEck released a report highlighting significant gains in the memecoin sector, alongside notable performances from major cryptocurrencies like Cardano (ADA), Solana (SOL), Polkadot (DOT), and Stellar (XLM). Solana's Ecosystem Thrives According to VanEck's analysis, Solana delivered a 42% return in November, with the SOL token hitting an all-time high of $262.
Polkadot (DOT) has recently reached a significant milestone, recording 60 million monthly transactions. This is a remarkable increase from 20 million at the start of the year, reflecting growing adoption and usage of the blockchain.
Polkadot (DOT) price has surged over 10% in the last 24 hours and is up an impressive 178.44% in the past 30 days, reflecting strong bullish momentum. However, technical indicators suggest the rally may be losing steam, with RSI and CMF both showing signs of weakening buying pressure.
Filecoin joined Polkadot as a top performer, gaining 16.3% from Tuesday.
The Polkadot Blockchain Academy (PBA), renowned as a premier institution for blockchain developer training, is making its way back to Europe. After a two-year hiatus, the academy's sixth cohort is set to take place in March 2025 at Lucerne University of Applied Sciences and Arts in Switzerland.
A widely followed analyst is leaning bullish on layer-1 blockchain Avalanche (AVAX) while offering his forecast for the flagship memecoin Dogecoin (DOGE) and interoperable chain Polkadot (DOT). The analyst pseudonymously known as Rekt Capital tells his 518,000 followers on the social media platform X that Avalanche witnessed a strong November.
Polkadot's network activity reached new highs while its price crossed a crucial resistance.
The crypto market is experiencing an upward momentum, attracting investors seeking high-growth opportunities. With a bullish outlook, these four altcoins to buy stand out as strong candidates for a potential 10x return by the end of 2024.
The Polkadot Blockchain Academy (PBA) will host the sixth edition of its advanced developer course in Lucerne, Switzerland. This edition will begin in March 2025 and mark the academy's return to Europe after two years.
Polkadot, one of the most innovative blockchain platforms in the sector, is preparing to launch version 2.0 in the first quarter of 2025. This update promises to radically transform the ecosystem, improving scalability, efficiency, and the experience for developers. With Polkadot 2.
Polkadot Blockchain Academy (PBA), Polkadot's (DOT) educational program, has announced a new advanced developer course in Switzerland, according to the updates shared with Finbold on Monday, December 2.
Cryptocurrencies have done better than American stocks this year. Bitcoin has more than doubled, while smaller meme coins like Dogwifhat and Popcat have minted many millionaires.
A closely followed crypto analyst believes Dogecoin (DOGE) is in a solid position to ignite fresh moves to the upside. Pseudonymous analyst Rekt Capital tells his 517,400 followers on the social media platform X that DOGE looks bullish as it trades within an ascending triangle pattern.
Polkadot (DOT) has seen impressive growth in the stablecoin sector, with USDC and USDT collectively surpassing $120 million in total value. This surge reflects growing confidence in Polkadot's ability to provide a scalable, low-cost blockchain solution for stablecoins.
Polkadot retests $8.60! A breakout to $12.61 or a drop to $4.15—what's next for DOT?
Amidst the recent euphoria around the cryptocurrency market, Polkadot (DOT) has stood out as one of the best-performing assets, notching a 107.5% price gain in the last 30 days. The prominent crypto asset recently surged to $8.81, representing its highest price point in the past five months.
Polkadot's stablecoin growth is promising, but development and community engagement remain key challenges.
Polkadot 2.0, the latest upgrade to the Polkadot network, will launch in Q1 2025. An early testnet version of the blockchain is already available on the Kusama network.
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 on Kusama, allows parallel chains to use multiple Cores to optimize system efficiency.