In the last 24 hours, $DOT has shown positive movement, with increases ranging from 0.68% to nearly 4%, according to different sources.

Key News and Developments:

* Bullish Outlook: Some analysts suggest that Polkadot could experience a significant rebound in 2025, potentially due to the formation of an unusual chart pattern.

* ETF Developments: Nasdaq has applied for a Polkadot ETF on behalf of 21Shares. This follows a previous application by 21Shares for a spot Polkadot ETF and Nasdaq's request to list Grayscale's Polkadot ETF. However, the SEC has delayed decisions on Polkadot ETFs for additional review time.

* Ecosystem Growth: The Polkadot ecosystem continues to develop, with transaction volumes on the parachains reportedly increasing by 300% in 2024. The treasury also reached a significant figure of $210 million.