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Polkadot (DOT) has shown signs of recovery following a prolonged downtrend, surging nearly 8% in its latest session. The price moved from an opening value of $4.809 to close at $5.227, fueling hopes of a potential trend reversal.

Polkadot posted an 8% gain in its latest session, signaling renewed bullish interest. However, key resistance levels must be cleared for a sustained uptrend.

Polkadot (DOT) is currently garnering significant attention, with many investors keeping an eye on its recent price movement and the improving macroeconomic factors around the cryptocurrency. One of the major drivers of interest in Polkadot is its ongoing efforts to reduce inflation, which has dropped to 7.78% following a community-led initiative aimed at making the tokenomics more sustainable for the future.

Polkadot price has crashed and formed a highly bearish pattern, pointing to more downside in the near term. DOT token has crashed by almost 60% from its highest swing in November last year. It is loitering near the lowest swing since November last year.

Declining inflation, strong price action, and social interest could have a say going forward.

The world of cryptocurrencies is burning with excitement over the possibilities AI brings to online trading, projected to hit $20.5 billion by 2030. While established players like Chainlink (LINK) and Polkadot (DOT) dominate blockchain infrastructure, IntelMarkets (INTL), an AI-driven platform that raised $8.5 million and dual-chain architecture, could challenge their market positions.

Polkadot Blockchain Academy has announced the launch of The JAM Course. This is an educational program designed to introduce the brightest technical minds from around the industry to the visionary new architecture powering Polkadot.

Polkadot Blockchain Academy is looking to empower the next wave of web3 developers via a new educational program targeted at the Polkadot ecosystem.

Polkadot Blockchain Academy (PBA), the educational branch of the Polkadot (DOT) ecosystem, has announced the launch of The JAM Course, a specialized program designed to help developers make innovations in Polkadot's blockchain architecture, as per the reports shared with Finbold on February 10.

TL;DR Polkadot experienced a 200% increase in monthly transactions in the fourth quarter of 2024, driven by the use of rollups like Neuroweb and Frequency. The network launched bridges like Snowbridge and Hyperbridge, enhancing interoperability and the security of cross-chain transfers between DOT and other networks like Ethereum.

Ethereum price has struggled this year as it faced numerous challenges, including the rising competition with Solana and Base. ETH has dropped to $2,815, down by over 30% from its highest level this year. So, let's explore some of the best Ethereum rivals to invest in and turn $100 to $1,000 by March 31st.

The race for blockchain dominance is intensifying, and while Polkadot (DOT) has been a pioneer in interoperability and scalability, a new contender is rising—Lightchain AI.

Polkadot price crashed to a key level this week as it continued to underperform other popular layer-1 coins like Solana and Mantra. Polkadot (DOT) dropped to a low of $3.

Cryptocurrency prices remained under pressure on Wednesday as concerns about trade rose. Bitcoin moved below the important point at $100,000, while most altcoins were deep in the red. This performance may continue this week as risks remain.

FXGuys surges past Polkadot and Chainlink with $2.6M raised in presale, staking, Trade2Earn, and trading incentives. Discover the $FXG token today!

Following the influx of new crypto-based exchange-traded funds (ETFs) in the United States, investment management firm 21Shares has submitted paperwork to launch a spot Polkadot ETF.

The ETF season is in full swing, and the latest to join the race? Polkadot. 21Shares has officially filed for a Polkadot ETF with the SEC, aiming to launch it on the Cboe BZX Exchange—the same exchange that introduced the first Polkadot exchange-traded product (ETP) back in 2021.

Asset management company 21Shares has recently filed an application with the Securities and Exchange Commission (SEC) to launch a Polkadot (DOT) exchange-traded fund (ETF). According to the filing on January 31, 2025, the goal is to list the 21Shares Polkadot Trust on the Cboe BZX crypto exchange, with Coinbase acting as the custodian of the DOT.

21Shares is making a bold move by applying for the first-ever spot Polkadot ETF in the U.S.

Crypto whales—large investors who hold significant amounts of digital assets—often influence market trends in ways that are not immediately visible to retail traders. While XRP, Solana, and Polkadot continue to dominate headlines, behind the scenes, institutional investors and high-net-worth individuals are making strategic moves that suggest major developments ahead.

Here's how the crypto community reacted to the first U.S Polkadot ETF application.

21Shares is taking a radical step in the crypto investment sector by submitting a spot Polkadot (DOT) exchange-traded fund (ETF) application to the US Securities and Exchange Commission (SEC). If given the green light, this ETF would enable investors to acquire direct exposure to Polkadot without the need to purchase and maintain the cryptocurrency themselves.

DOT, Polkadot's native cryptocurrency is up by 6% as asset manager 21Shares filed for a spot Polkadot ETF, the first such filing for this altcoin. As a result, the DOT price has made quick gains shooting to $6.5 as analysts believe that a potential breakout could lead to a new high ahead.

Asset management firm 21Shares has officially filed with the SEC to introduce a spot Polkadot exchange-traded fund (ETF). The post 21Shares Seeks SEC Approval for Polkadot ETF Launch in Latest Filing appeared first on Cryptonews.