As of May 12, 2025,#polkadot
(DOT) trades around $5.32, up 35% over the past week. Analysts forecast a price range of $5.50–$6.16 by year-end, driven by renewed investor confidence and ongoing ecosystem growth. The SEC has delayed decisions on Polkadot ETFs filed by 21Shares and Grayscale until June 11, 2025, keeping regulatory clarity pending. Technologically, Polkadot 2.0 upgrades like Asynchronous Backing and Elastic Scaling aim to boost speed and scalability. The upcoming Polkadot Hub will add Ethereum-compatible smart contracts. Despite uncertainty, DOT shows strong bullish momentum, making it one of the top altcoins to watch in 2025.