Can 'eco-friendly' Polkadot gain public favor? This data suggests...
However, according to data provided by Santiment, the weighted sentiment around Polkadot remained negative throughout the last month. However, the lack of electricity usage of Polkadot could play a role in changing public sentiment around the cryptocurrency and nudge it in a positive direction.could also have a positive impact on the cryptocurrency. Over the last week, the number of social mentions grew by 19%. Moreover, engagements for Polkadot grew by 23.9% during the same period.
This could indicate that more people are talking about Polkadot and engaging with the cryptocurrency, which could lead to increased adoption and interest in DOT.referendums would deal with governance and runtime upgrades, which could make the cryptocurrency more attractive to investors. Additionally, the growing number of stakers on Polkadot, which grew by 5.9% over the last 30 days, could also indicate a positive impact on cryptocurrency.Moreover, Polkadot’s daily transfer amount also witnessed a huge spike, according to data provided by SubScan. The number of transfers increased from 9.5 million to 58.4 million over the last week.
These recent developments, although positive, may not be enough for Polkadot to see green in the short-term, but it may have a positive impact on the cryptocurrency in the long run. The price of DOT was $6.18 at the time of writing and it decreased by 5.51% in the last 24 hours, according to
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Polkadot outshines other networks in the last month with the highest…In the last 30 days, Polkadot saw the highest number of development activity. User activity on the chain climbed during the period. Polkadot [DOT] has emerged as a leading blockchain in terms of development activity, according to Santiment. The network recorded the highest number of GitHub commits in the last month, showing a high level […]
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