Tag: DOT
Polkadot user engagement records despite declining prices
As of the end of April, the network had approximately 650,000 active addresses on-chain, according to data from DotLake. The increase maintains the upward trend that saw the quantity of…
Polkadot introduces asynchronous backup to increase transaction speed and network efficiency
A crucial improvement that has improved the network’s overall performance and flexibility in blockspace allocation is Polkadot’s implementation of asynchronous backing. Together with Elastic Scaling and Agile Coretime, the upgrade…
Bifrost Secures Polkadot Treasury Loan to Propel vDOT Adoption in DeFi
In a pivotal move to advance the adoption of its liquid-staked DOT variant, vDOT, Bifrost has secured a substantial 500,000 DOT loan from the Polkadot Treasury. The primary objective of…
What is happening with Polkadot? $DOT shows no signs of a bullish rally with bears engulfing the token completely!
In 2023, the price of Polkadot (DOT) has largely displayed a bearish trend. The price continued to fall from the $4.30 horizontal support level in September. Polkadot 5-day price chart….
Polkadot looks to expand parachains network to 1,000
Polkadot’s core developers are now eyeing plans to expand the multichain protocol’s network of parachains to 1,000 – a massive upgrade from the current limit of 100 parachains – with…