$DOT

Polkadot Strengthens DeFi and Network Utility

Polkadot is making progress toward a more connected DeFi space. One key move is the recent approval of the DeFi Singularity proposal. It assigns 795,000 DOT to major DeFi teams like Bifrost and Hyperbridge. These projects work on boosting liquidity across Ethereum $ETH , Arbitrum, and Base, making Polkadot more active in the cross-chain space.

DOT is trading at $5 with a 5.26% drop in the last 24 hours. Intraday movement shows prices between $4.45 and $4.90. Long-term estimates suggest DOT might rise to $9.87 by the end of 2025 if the new DeFi features perform well.

With better DeFi links and multi-chain support, Polkadot stays in the spotlight as one of the best cryptos right now, mainly for those eyeing infrastructure in altcoins.

๐Ÿ‘‰ { $DOT }