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Dogecoin now ranks as 11th largest cryptocurrency

Polkadot (DOT) is trading above the moving average lines and continues its uptrend. On July 31, DOT uptrend was halted at the $9.20 high as buyers failed to break above resistance.

It has been a mixed week for the crypto market, with Ethereum returning to $1,700 while Solana struggles. US economic indicators continue to influence.

In the fast-paced world of cryptocurrencies, a myriad of protocols have been taking the lead to emerge supreme over the others. Polkadot is one such prudent protocol, which is leaving no stones unturned. The protocol aims to provide remarkable extensibility by enabling a common set of validators to secure multiple blockchains.

Polkadot has been one of the breakout stars of 2022. The cryptocurrency has managed to thrive in a market where most digital assets are taking a beating and losing value rapidly.

Bitcoin and most major altcoins have bounced off their strong support levels and may challenge the overhead resistance in an attempt to resume the up-move.

According to Santiment Feed, the token age users have consumed on the Polygon network reached a new record high. The crypto analytics network noted that the number of dormant and old addresses moving large amounts of MATIC has increased.

Polkadot is up by 3 per cent in today's trading session, making it the third consecutive day that prices are rising in the markets. 

The price of Polkadot (DOT) shows strength after bouncing from key support on the weekly chart against Tether (USDT). After Bitcoin (BTC) bounced from its monthly low of $19,000, this signaled a relief for other crypto altcoins including the price of Polkadot.

Blockchain node infrastructure provider, Alchemy, has announced a deal with Astar.

Polkadot price analysis reveals that the DOT/USD pair is in a bullish trend as it shows potential to resume its uptrend. The pair is currently trading at $8.37, and a breakout above the $8.43 resistance could see it target the $9 level.

CNBC's Phil LeBeau joins Shep Smith to report on new proposed rules from the Department of Transportation that would cover refunds to airline passengers for delays and other flight changes.

This forecast will discuss price movements in the Polkadot versus USD and Polkadot versus  BTC markets.

Alchemy, a blockchain development platform, announced it now supports Polkadot parachain Astar Network, delivering developers more tools and services to build on the multi-chain smart contract hub. “Supporting the developer ecosystem is Astar's driving motivation.

Web3 platform Alchemy has marked its entry into the Polkadot ecosystem, announcing a critical partnership with Astar Network, a parachain of the Polkadot network. Once the deal is finalized and implemented, Astar can utilize Alchemy's node infrastructure.

Polkadot price analysis is currently bearish as the market slides below $8.10. This comes after a period of consolidation around this price level.

Alchemy, a pioneer in the blockchain developer platform, announced that it will partner with Astar Network to accelerate Web3 development on Polkadot.

The Japanese dog-inspired token has been warmly welcomed home.

Polkadot price has steadied itself above the $8 price mark. The coin seems to be extending the price recovery as DOT looks at moving past its next price ceiling.

Polkadot price analysis shows the prices are still in a bullish trend that has been in play for the last 24 hours. Prices are trading close to the resistance at $8.35 and a breakout is expected in the near term.

MEW (MyEtherWallet), a platform to access the Ethereum ecosystem, has announced the launch of a new cross-chain browser extension, Enkrypt, which will support transactions across Ethereum and Polkadot. For the first time, MEW users will gain access to Polkadot, the sharded protocol enabling blockchains to operate seamlessly together at scale.

Bitcoin and most major altcoins are witnessing buying near strong support levels, indicating a bullish sentiment.

Another tumbling block for Polkadot (DOT) as its price has declined by over 10% touching $7.70 after closing July in flying colors. Further, DOT seems to hold on to the support zone above $8 especially as the coin will encounter hurdles at $10.

Astar will leverage Alchemy's best-in-class APIs to provide powerful developer tooling on Polkadot