This image shows a sharp drop in Polkadot’s treasury balance, down 34.9% quarter-over-quarter.
As of March 31, 2025, Polkadot’s treasury held just $109.7M, a steep decline from its previous $400M.
This shrinkage suggests reduced network activity or shifting market condition raising questions:
Is this a red flag or just funds being deployed for growth?
Data source: Messari
