Polkadot: Between Promises of Interoperability and Adoption Challenges
Polkadot (DOT) had a volatile 2024, peaking in March and hitting a low in August, before finishing strong thanks to November (+90%). Doubts remain about adoption and market cap ranking. 2025 started off down, with negative short-term indicators. The monthly setup is positive but declining.
Polkadot boasts an innovative parachain architecture for scalability and interoperability, with various potential use cases (DeFi, gaming, etc.). Since its inception (ICO 2017, mainnet 2020), it has seen strong initial growth, a boom in 2021, and a correction in 2022, followed by consolidation and volatility.
Polkadot aims to be more versatile and cost-effective than Ethereum thanks to customizable parachains and lower fees. However, Ethereum is evolving and has a greater network effect. The future of Polkadot depends on adoption and building a solid ecosystem.
