Polkadot price up 7%: surge in development activity

Polkadot price up 7%: surge in development activity
фото показано с : invezz.com

2023-3-21 13:25

The Polkadot price has risen by almost 8% over the past week. At press time, DOT, the native token of Polkadot, was trading at $6.46, starting the week with slight price movement after a relatively active week.

But while DOT has started the week on neutral ground, the Polkadot ecosystem continues to see an increased development activity; something provides an insight into the future of both Polkadot and DOT when combined with other indicators.

Polkadot tops in development activity

Polkadot tops the likes of Cardano and Ethereum blockchain in terms of GitHub daily development activity.

A tweet by ProofofGitHub earlier today places Polkadot at the top in terms of development activity followed by Osmosis Network, SSV Network, Cardano, and Ethereum in that order.

GitHub Daily Development Activity:

#1: 162 Polkadot / Kusama
#2: 144 Osmosis
#3: 121 SSV Network
#4: 95 Cardano
#5: 89 Ethereum
#6: 63 Celo Euro
#7: 63 Celo
#8: 63 Celo Dollar
#10: 61 Zus pic.twitter.com/9HdX9IWGeX

— ProofofGitHub (@ProofofGitHub) March 20, 2023

The rate of dApps development activity on Polkadot has remained high over the past week and the trend seems to continue in the coming week.

What is driving the high development activity?

Polkadot features many chains inside its infrastructure and these chains host a wide range of decentralized applications (dApps).

Polkadot’s high level of development activity could be a pointer that the project has a strong team of contributors and developers dedicated to the project’s success. If projects in the Polkadot ecosystem reach a critical mass, DOT and other tokens in the ecosystem could see increased momentum.

The post Polkadot price up 7%: surge in development activity appeared first on Invezz.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Polkadot [IOU] (DOT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.28 %, 7d: -19.29 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 296.73 (-100%)

week price polkadot trading token starting relatively

Источник: invezz.com

week price → Результатов: 126


Shiba Inu Steals The Spotlight, Leaving Bitcoin Behind In A Week Of Price Surges

The Shiba Inu (SHIB) coin has exceeded even the top 10 established cryptocurrencies this week, posting a solid 15% increase that has captivated the attention of the cryptocurrency community. The notable ascent in SHIB’s price is closely associated with its current rate of burning, which has witnessed a significant upturn in the last 24 hours.

2023-8-13 14:51


Фото:

Bitcoin Experiences Volatile Start to the Year, Struggles to Maintain $4,000 Mark: BTCManager’s Week in Review January 15, 2019

The price of bitcoin jumped to surpass the $4,000 mark to kickstart the week early on Monday morning but dropped back down again to close the week five percent lower at around $3,650. Investors rejoiced to see bitcoin jump back above the important $4,000 mark but were quickly disappointed again when bitcoin dropped from this year’s high of $4,102 down.

2019-1-15 10:00


Ethereum [ETH] Price Analysis – Ethereum Approaches Liquidity Area After Bearish Week

After an extremely bullish start to 2019 for Ethereum, there was a swift return to underperformance for the cryptocurrency last week. Last weeks underperformance resulted in Ethereum dropping to the position of third largest cryptocurrency by market cap with Ripple’s XRP overtaking it for the second position.

2019-1-14 18:58


Crypto Tidbits: Possible Japan Bitcoin ETF, Ripple Achieves Milestone, Ethereum Classic Attack

Although the Bitcoin price stumbled, fundamental developments for the crypto industry’s facets remained strong during the second week of 2019. New York opened a so-called “Blockchain Center,” purportedly funded by Microsoft, Ripple achieved a key milestone, and Bloomberg claims that Japanese regulators may green light a Bitcoin exchange-traded fund (ETF) in the future.

2019-1-13 21:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Polkadot: Can Web3 gaming be the catalyst for DOT's recovery?

Polkadot's parachain Moobeam made a significant investment in the Web3 gaming space. Price of DOT had declined over the past week, despite large number of developments. Polkadot [DOT] was thThe post Polkadot: Can Web3 gaming be the catalyst for DOT's recovery? appeared first on AMBCrypto.

Polkadot parachain Moonbeam launches a $13M Web3 gaming fund

Moonbeam Network, a Web3 smart contract platform, has launched a $13 million funding initiative to boost its ecosystem growth in key areas like gaming and real-world asset (RWA) tokenization. The $13 million package consists of a $10 million innovation fund, $1.

Polkadot treasury allocates $14.4 million to bolster DeFi project Hydration

Polkadot Treasury has allocated 2 million DOT, valued at $14. 4 million, to enhance the liquidity of the DeFi project Hydration, according to a June 10 statement shared with CryptoSlate. The project stated that the funds will boost the liquidity and efficiency of its single-sided liquidity provisioning platform, Omnipool.

Polkadot [DOT] remains at the mercy of bears - But there's a silver lining

DOT continued to trend below the 200-period moving average. Despite the market's ‘Extreme Fear’ sentiment, a dramatic 138.77% surge in trading volume indicated growing trader interest. PThe post Polkadot [DOT] remains at the mercy of bears - But there's a silver lining appeared first on AMBCrypto.