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Revenue fees declines, while network development rises. What's going on, DOT?

A blockchain analytics platform is revealing that over the past 30 days, Polkadot (DOT), Kusama (KSM) and Cardano (ADA) have emerged as the top-three crypto assets in development activity. According to Santiment, the three smart contract-enabled blockchains all recorded over 400 GitHub commits over the last 30 days.

Polkadot has outperformed other blockchain platforms in recent development activity, but its DOT token is struggling, with strong staking and volume metrics in place.

Polkadot's [DOT] pullback retest on key support could prop up its short-term prospects only if BTC recovers higher price ranges.

The latest Polkadot price analysis shows that the bulls have been ruling the price charts today. The progress has been commendable, as a constant uptrend has been observed.

Data shows Polkadot (DOT) is still the number one cryptocurrency in the market regarding the project's development activity. Polkadot Continues To Top The Development Activity Chart According to data from the on-chain analytics firm Santiment, besides Polkadot, the assets in the top three for this indicator are Kusama (KSM) and Cardano (ADA).

Polkadot and Cardano have taken the top spots in GitHub commit rankings, according to data from Santiment, a leading blockchain analytics firm.

News within the crypto market: how are the GMX, Pepe (PEPE), Celsius Network (CEL), and Polkadot (DOT) coins performing? Below is an overview of all the latest news featuring them.

Polkadot, a network protocol that allows multi-chain application environment, has been going through an impressive development activity in the past few weeks. In February 2023, a similar trend has been seen, as reported by CoinGape.

During the Consensus 2023 event, it was announced that social network MeWe will be integrating with the Frequency blockchain network, a parachain of Polkadot.

The integration is built on DSNP, a protocol created by Project Liberty.

DOT's performance over the last three months on the price front has been nothing short of an uphill and downhill. However, these developments in the ecosystem could be the reason DOT finally embarks on a bullish journey.

The National Football League and NFL Players Association have joined forces with gaming technology studio Mythical Games to create a new NFL-themed mobile game that is redefining the application of blockchain in the mobile gaming industry.

Mythical Games' officially-licensed NFL Rivals is now available on iOS and Android, with the studio plotting a Polkadot migration ahead.

NFL Rivals, the mobile video game aiming to attract mainstream consumers, is available after Mythical Games said it's swapping Ethereum for Polkadot.

Blockchain technology has created a new world of investing, offering various ways to capitalize on its potential, including cryptocurrencies.

The past week has led to stagnation across the cryptocurrency market for the most part, with a majority of assets moving minutely in either direction

Polkadot in Q1 2023 witnessed multiple new integrations and launches. The token's market cap also registered 51% QoQ growth.

The hourly and daily Polkadot price analysis indicates that the price is decreasing. This is due to the fact that bearish momentum has degraded the coin's price to exceedingly low levels during the past week.

Polkadot Price Prediction: In the daily time frame chart, the Polkadot price shows the formation of an inverted head and shoulder pattern. This famous trend reversal pattern is often spotted at the market bottom and offers early opportunities to go long.

Starting with the most interesting news, it is worth noting that Kasta, a crypto payments application, announced that it has obtained a license to operate legally and transparently in Italy.

Polkadot price analysis shows a downward trend today as the bears continue to dominate the market. The price has fallen below $6.00 and is currently trading at $5.91, representing a 0.97% decline over the past 24 hours.

Polkadot price analysis shows a decrease in price over the past 24 hours as the bears are seeking to push the token back below $6.00 as it had previously been trading there until its recent pullback.

Messari published a detailed report on the performance of Polkadot ecosystem in the first quarter (Q1) of 2023.