Tag Archives: polkadot

TL;DR Polkadot introduced the Join-Accumulate Machine (JAM) protocol that merges features of Polkadot and Ethereum, aiming to improve blockchain efficiency and scalability, with governance pending community approval. Noteworthy developments for the protocol include an upgrade to the Acala Network and discussions about a potential $8.8 million sponsorship deal with Inter Miami CF. Polkadot’s Progress as of Late The blockchain protocol – Polkadot (DOT) – captured the attention...

TL;DR Polkadot (DOT) has seen a recent 5% increase in price, with predictions from multiple analysts suggesting a potential rally that could elevate its value to $15 or even $20 by the end of next year. Some prominent traders also view the asset as a good investment at the moment. Is DOT Ready for a 100% Rally? Polkadot’s native cryptocurrency – DOT – has recently entered green territory, with its price jumping by 5% on a weekly scale and briefly exceeding $7.50. Multiple...

TL;DR Polkadot (DOT) remains well in the red on a weekly scale following the latest market decline. Nonetheless, some analysts are optimistic about the asset’s potential for significant gains in the near future, adding it to their portfolios. DOT’s Next Possible Move Polkadot’s native token—DOT—tumbled severely during the latest market correction. Its price is down 20% on a weekly scale, briefly plunging below $6. However, it started recovering in the past several hours and...

For the first time in history, a cryptocurrency firm has used blockchain technology to select an athlete for a brand ambassador sponsorship deal. According to a press release sent to CryptoPotato, the Polkadot community just passed a vote to sponsor IndyCar racing star Conor Daly as Polkadot brand ambassador for the upcoming Indianapolis 500, an annual automobile race held at Indianapolis Motor Speedway. Daly as Polkadot’s Indy 500 Ambassador The Indy 500 race is slated for...

Investment products in digital assets witnessed a significant weekly outflow of $942 million, breaking the continuous seven-week streak of inflows reaching $12.3 billion. According to the CoinShares, this shift can be attributed to investor hesitation. Hesitant Investors Cause US ETF Inflows Dip The latest edition of Digital Asset Fund Flows Weekly Report revealed that the trading volumes in Exchange-Traded Products (ETPs) remained high and reached $28 billion for the week....

CoinspeakerPolkadot to Roll Out Its Community Token $PINK As a community token, PINK has been allocated to different parachains and communities involved in advancing the Polkadot ecosystem to ensure fair distribution.  Polkadot to Roll Out Its Community Token $PINK

CoinspeakerDune Enhances Service with Polkadot, Kusama, Top Parachains Integration The integration provides the necessary provisions to bring comprehensive data from DOT, Kusama, and their associated system chains and parachains to Dune's powerful analysis tools. Dune Enhances Service with Polkadot, Kusama, Top Parachains Integration

Investments in digital asset products clocked in a massive surge in weekly inflows, reaching a total of $2.9 billion. According to the latest data compiled by CoinShares, the inflows surpassed the previous week’s record of $2.7 billion, propelling year-to-date investments to $13.2 billion, significantly exceeding the total inflows for the entire year of 2021, which stood at $10.6 billion. Mixed Bag for Global Regions Trading volumes for the week remained steady at $43...

CoinspeakerPolkadot Network Announces New Software Development Kit (SDK) to Enable Seamless Deployment of Web3 Applications The built-in SDK for Web3 development follows the recent verification of the Polkadot Play by Unit, which enables creators to build and grow real-time gaming Dapps. Polkadot Network Announces New Software Development Kit (SDK) to Enable Seamless Deployment of Web3 Applications

CoinspeakerDencun Upgrade Launch Set for Ethereum Network after Sepolia Testnet Success By introducing blob transactions, proto-danksharding enables more efficient data storage. This subsequently lowers the overall costs for users when submitting transactions on Ethereum. Dencun Upgrade Launch Set for Ethereum Network after Sepolia Testnet Success