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Investors were anxiously awaiting the release of the Federal Reserve's meeting minutes today.

BTC and altcoins are pulling back sharply, but is today's correction a simple lower support retest, or a sign of worse things to come?

On Feb 22, polkadot's price managed to sustain a price rise trend recording a 13.10% increase over the past seven days despite the 24-hour decline.

While the rest of the crypto asset blockchain has recorded few added developers, Polkadot has proved to be more vigorous. According to the market intelligence platform, Santiment, Polkadot has seen a surge in developer activity emerging as the leading crypto network with developer activity.

According to a 22 February tweet by Santiment, Polkadot has once again emerged as the leading blockchain network in terms of development activity over the last 30 days. The data highlighted the continued growth and innovation within the ecosystem, as developers and users contributed to its expansion alike.

The general crypto market is trading in the red today, which may be due to the FOMC minutes being released today. The anticipation has dulled investors' interest bringing even the largest cryptocurrency, BTC, down by 2.38% in 24 hours.

Santiment data shows that Polkadot (DOT) and Kusama (KSM) have topped the charts with 558.07 GitHub commits in the last 30 days

According to recent research, the Polkadot network is the industry's most active in terms of developer commits on GitHub.

Because of the price's considerable fall during the day, the Polkadot price analysis is leaning towards the downside. Since the bearish momentum is gaining strength quickly, price levels are steadily falling.

Polkadot's DOT started a fresh increase above the $6.50 resistance against the US Dollar. The price is now correcting gains, but dips might be limited below $6.80.

Although cryptos managed to jump higher in market value, the sector faces clashing fundamentals that incentivize caution.

According to the report, SBI VC Trade would reward Polkadot staking at an annual rate of 13.9 percent.  This will be the highest level in Japan.

Polkadot price analysis is showing signs of a decline since the price has been moving in a downward direction over the past 24 hours. Although the cryptocurrency was under bullish influence earlier this week, bears have taken control and dragged DOT/USD levels down to $7.31 at the time of writing.

Only one top 20 crypto was in the red over the past week, with solana continuing its recovery after the FTX debacle

On 20 February, Polkadot Insider tweeted out the Polkadot [DOT] ecosystem's weekly recap, highlighting the updated statistics of the network. As per the tweet, Polkadot's revenue registered an increase over the last week, with the highest number on 18 February.

We covered the basics of the Polkadot ecosystem in the previous article. Polkadot's extraordinary ecosystem framework has disrupted the crypto paradigm.

Polkadot (DOT) bulls were in luck this week. After overcoming a hot sell pressure zone, they've been able to push the crypto up by 70%, building on the impressive upswing in the last month.

Over the previous two weeks, the Polkadot bulls had taken control of the market. DOT has risen by more than 21% in the last week.

The recent Polkadot price analysis indicates a bearish market today, with prices dropping below $7.63 after an overwhelming downtrend. The selling pressure has been strong on the crypto asset, with the support for Polkdot price seen at the $7.30 mark.

Crypto Prices Today: The market is trading partially in red today, as some of the significant coins see a decline. As of writing, Bitcoin price decreases by 1.28% in the last 24 hours.

Polkadot [DOT] bulls were upbeat about the $8 value after overcoming a hot sell pressure zone. So far, DOT has rallied by 70%, building on the impressive upswing in January.

Polkadot price analysis reveals a little price increase today. However, DOT/USD has not yet broken above the $7.28 level, which is also the current price, as there is selling pressure in the market above this level.

A direct competitor to Ethereum, Polkadot, has implemented on-chain pooling of staked DOT and is advocating native staking over centralized third-party systems. This strategy improves the user's control as well as accessibility and enables the user to stake as few as 1 DOT.

The latest Polkadot price analysis shows a bullish trend as an upward price movement has been recorded in the last 24 hours. The market has been following a bullish trend for the past few hours, and the price has significantly improved.