Polkadot Unveils Asynchronous Backing Upgrade

Polkadot $DOT released its long-awaited asynchronous backing update, improving block production speed by 50%. The upgrade significantly enhances scalability and parachain performance. DOT rose 5% following the announcement. Developers say this makes Polkadot more attractive for complex dApps and gaming projects. The network has also launched new parachain slots, allowing more projects to join the ecosystem. Competitors like Cosmos (ATOM) and Avalanche (AVAX) are also innovating in modular blockchain architectures, but Polkadot’s unique relay chain-parachain model continues to gain traction.