🚀 Polkadot ($DOT ) — Market Update & My Take
📊 Price Action
DOT is trading near $4.06, up slightly from yesterday.
High: $4.15 | Low: $3.98
Mild bullish pressure showing after recent pullbacks.
🔍 About Polkadot
The “blockchain of blockchains” — connects multiple chains (parachains) through its Relay Chain.
DOT is used for:
🗳 Governance – vote on upgrades/proposals
🔒 Staking – secure the network & earn rewards
🔗 Bonding – link new chains
⚙️ Polkadot 2.0 Highlights
Elastic Scaling → higher capacity
XCM v5 → smoother cross-chain messaging
Coretime Leasing → more flexible parachain slots
📈 Outlook
Support: $3.50–$3.80
Resistance: $4.50 short-term
Long-term fundamentals remain strong with 2.0’s potential boost.
💡 My View
Interoperability is still Polkadot’s killer edge. With these upgrades and growing adoption, DOT could shine in the next bull run. Short-term: trade the range. Long-term: patience pays.