Polkadot is experiencing what we call a shake-up after mixed emotions surfaced on the network. Despite recent growth on the network, its development activity has slowed down of late. In fact, according to data analytics platform Santiment, Polkadot has been seeing a reverse trend in development activity over the last few days. Polkadot had a […]
Despite the aforementioned slowdown, Polkadot has seen accumulation ramp up among whales of late. According to a WhaleStatsThis, a timely boost for a community which saw DOT drop down to $6.7 on 7 September. However, the altcoin has seen swift recovery since, with the crypto trading at $7.72 at press time. One of the key drivers behind this hike is the release of a new upgrade by Polkadot’s developers.
The network was able to record a daily volume of more than 600 million frequently in August. On the contrary, September has seen a trend reversal of late. In the last 24 hours alone, Polkadot has recorded a 43% dip in volume.Subscribe to get it daily in your inbox.
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