Polkadot’s user base and developer activity have dropped drastically in 2025.
DOT trades near key support after a 93% plunge from its all-time high.
Analysts warn of further losses if selling pressure continues and support levels break.
Polkadot — DOT, once promised a revolution. Now, it’s struggling just to survive. What was once a bold experiment in interoperability has turned into a fading memory. DOT has lost over 93% of its value since its peak, and the community is no longer buzzing with energy. Even longtime supporters have started to lose faith. The numbers tell a harsh story. Developers are leaving. Users are disappearing. The network is barely hanging on.
https://twitter.com/0xNonceSense/status/1938644557111148960 Vision Derailed, Momentum Lost
Polkadot launched with massive hype. Backed by $500 million in funding, it aimed to challenge Ethereum’s dominance. The parachain model sparked initial excitement, but that excitement quickly faded. Real-world usage failed to materialize. The fire never caught on. By 2025, daily active users had dropped to just 5,000. Developer participation plummeted from 2,400 to around 1,000. That isn’t a dip—it’s a dramatic collapse in engagement.
Trading volume followed the same bleak pattern. From a high of $39 billion, it has nosedived to just $5 billion. Investors clearly lost confidence and started looking elsewhere. Revenue figures are equally depressing. For two straight months, Polkadot earned just $462. Not $462,000—just $462. That’s less than the monthly revenue of a tiny online store. Capital didn’t just slow—it vanished. Market participants fled for ecosystems that showed real growth and innovation.
Can DOT Survive the Bleeding?
As a result, Polkadot’s share of the total crypto market shrank to a mere 0.15%. That’s barely a blip on the radar now. Analysts aren’t optimistic. DOT currently trades at $3.30, down 47% in the past 12 months. The technicals aren’t encouraging either. The RSI hovers near oversold territory, signaling relentless selling pressure. If the price drops below $3.00, support may crumble. And if $2.80 breaks, the next stop could be $2.60—or worse.
A project that once stood as Ethereum’s rival is now an afterthought. The dream lies fractured. Still, there’s a faint glimmer of hope. If bearish pressure weakens, DOT might retest the $3.60 resistance level. A breakout there could offer short-term relief, maybe even spark renewed interest. But without users and developers, it won’t mean much in the long run.
Polkadot is running out of time. The network needs a bold turnaround plan—not minor fixes. Without urgent action, it risks becoming a cautionary tale of what happens when ambition outpaces execution.This isn’t a temporary setback. It feels like a slow-motion collapse. And unless something drastic changes, Polkadot’s dream might be over for good.
