Polkadot (DOT), one of the leading cryptocurrencies in the blockchain space, is currently at a crossroads. As the price approaches the $3.74 support level, investors and traders alike are anxiously waiting to see if this key price point will hold.

Polkadot price has crashed in the past few years and is now hovering near its all-time low. DOT traded at $4.95 on Thursday morning, down by 56% from its highest level in November last year. Let's explore some of the top reasons why the Polkadot coin may bounce back soon.

Polkadot's price action at $3.74 support will shape its next potential move.

The Polkadot Blockchain Academy (PBA) will offer legislative officials their first course on Web3 and the crypto regulatory framework. The Blockchain Basics for Policymakers certification program will be held from April 6 to April 8, 2025, in Zug, Switzerland, a region known as “Crypto Valley.

The Polkadot Blockchain Academy has introduced “Blockchain Basics”, a three-day educational course aimed at equipping lawmakers with the knowledge needed to create robust crypto policies.

Polkadot Blockchain Academy launched the world's first blockchain course for political policymakers, with UK MPs attending the inaugural three-day program in Switzerland.

An initiative to bridge the gap between innovation and regulation

Polkadot Blockchain Academy will host a Web3 education course for policymakers in Switzerland, with UK lawmakers attending to gain insights into crypto regulation and blockchain adoption.

Polkadot (DOT) has recently shown strong signs of a bullish breakout, with its price climbing by 12.13% over the past week. At the time of writing, the altcoin was trading at $5.13, marking a minimal decline in the last 24 hours.

DOT could be gathering the momentum needed for a major boom.

Polkadot has underperformed its closest peers like Solana, Binance Coin, and Tron as it remained in a three-year consolidation between $3.85 and $11.7.

Polkadot (DOT) is a prominent cryptocurrency that has been gaining attention in the blockchain ecosystem since its inception in May 2020. As a multi-chain network, Polkadot aims to offer interoperability among various blockchains, creating a decentralized web where data can seamlessly flow across different platforms.

Having crafted a name for itself as an open-source sharded multichain protocol that enables cross-chain transfers, Polkadot (DOT) has emerged as a notable figure in the crypto space.

In a market often characterized by sharp swings and unpredictable trends, Polkadot (DOT) has emerged as a beacon of stability, defying broader volatility to hold above the critical $4.8 support level. While other altcoins experience uncertainty, DOT has managed to maintain stability, signaling strong buying interest at this key price zone.

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.

The crypto market has shown limited favorability to bulls over the past week. However, certain altcoins continue to register gains driven by external developments.

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.

THORChain's node operators approved a plan to convert $200 million in debt into equity tokens, but community members are raising concerns over its long-term viability.

THORChain suspended THORFi services on January 23 and implemented a 90-day restructuring plan to address debt from its Savers and Lending programs.

Thorchain has endorsed a strategy to transform $200 million in debt into equity by issuing a new token, Thorchain Yield (TCY), in a bid to fortify its financial footing. Thorchain Converts $200 Million Debt to Equity in Restructuring Effort On Jan. 23, Thorchain suspended redemptions for its Lending and Savers programs after amassing considerable liabilities.

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

ThorChain will restructure $200M in toxic debt from ThorFi, paying out creditors with new TCY tokens. Each TCY token will have a nominal value of $1 for each $1 in lost collaterals, but will start trading at $0.10, allowing some creditors to cash out at a loss.

The majority of validators and other governance members voted in favor of converting debt into equity, moving forward with the TCY issuance.

TL;DR THORChain is addressing its $200 million debt by issuing a new token called TCY, converting defaulted debt into equity. TCY token holders will receive 10% of THORChain's revenue in perpetuity, aligning their interests with the protocol's long-term growth.

TCY tokens will be distributed at a rate of 1 TCY per dollar of defaulted debt, turning lenders and savers into equity holders.

Thorchain community passed a proposal to resolve its debt crisis and plans to convert defaulted debt into TCY equity tokens.

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.

As RUNE holders awake to more bad news and a plummeting token price, with the passing proposal 6 by a super majority, can the troubled cross-chain swapping protocol “get users liquid again?” THORChain ‘death spiral' On January 24, CryptoSlate reported that THORChain had suspended Bitcoin and Ethereum withdrawals within its lending and savings programs after

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.