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Polkadot

DOT

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Market

Market stats

Market cap

$12.9B

Volume (24h)

$518.4M

Circulating supply

1.4B DOT

Typical hold time

91 days

Popularity

#12

All time high

$55.13

Price change (1h)

-0.99%

Price change (24h)

-10.56%

Price change (7d)

-14.44%

About Polkadot

Polkadot is a protocol that enables cross-blockchain transfers of any type of data or asset. By uniting multiple blockchains, Polkadot aims to achieve high degrees of security and scalability. DOT serves as the protocol’s governance token and can be used for staking to secure the network or to connect (“bond”) new chains.

Polkadot (DOT) is an open-source multichain protocol that seeks to connect and secure a network of specialized blockchains. It aims to facilitate the cross-chain transfer of any data or asset types, not just tokens, striving to make blockchains interoperable with each other. Polkadot is known as a layer-0 metaprotocol because it underlies and describes a format for a network of layer 1 blockchains known as parachains. As a metaprotocol, Polkadot has the ability to update its own codebase via on-chain governance according to the will of its token holder community. The Polkadot protocol seeks to connect public and private chains, permissionless networks, oracles, and future technologies, allowing these independent blockchains to trustlessly share information and transactions through the Polkadot Relay Chain.

News about Polkadot

BeInCrypto • Mar 12, 24

Is Polkadot (DOT) Price Undervalued as Institutional Interest Grows?

Polkadot price marked a bullish reversal pattern, but the altcoin is still far away from its target. However, this may be achievable with the help of institutions.The post Is Polkadot (DOT) Price Undervalued as Institutional Interest Grows? appeared first on BeInCrypto.

Read more

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The Block • Aug 23, 23

USDC launching on Polygon PoS, Base and Polkadot blockchains

Bringing the number of blockchains to 15, Circle is set to announce the six new protocols it hopes will help boost adoption of USDC.

Read more

News Article Image

Messari • Apr 21, 23

State of Polkadot Q1 2023

In Q1 2023, Polkadot continued its path of network development and expansion. The platform successfully onboarded six additional parachains, bringing the total number to 41. XCM continued to gain adoption and utilization, and four forkless runtime upgrades were enacted.

Read more

News Article Image

CoinDesk • Apr 04, 23

Polkadot Registers Trademark for Blockchain Communication Platform

Layer 0 blockchain Polkadot has filed a trademark registration for what appears to be a blockchain-based messaging application, according to a recent filing.

Read more

News Article Image

CoinDesk • Mar 23, 23

Next Evolution of Blockchain Software Has Only Just Started: Bank of America

Protocols like Near, Polkadot and Cardano are using new approaches to improving the tradeoff between scalability, decentralization and security, the report said.

Read more

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CoinDesk • Mar 13, 23

Crypto Payments Specialist Stellar Bridges Fiat and Stablecoins to Polkadot

Read more

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Social

Some highlights about Polkadot on social media

2,147 unique individuals are talking about Polkadot and it is ranked #74 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Polkadot has an average sentiment score of 3 out of 5. Finally, Polkadot is becoming more newsworthy, with 0 news articles published about Polkadot. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly neutral about Polkadot. There were 4.21% of tweets with bullish sentiment compared to 0.81% of tweets with a bearish sentiment about Polkadot. 94.98% of tweets were neutral about Polkadot. These sentiments are based on 617 tweets.

On Reddit, Polkadot was mentioned in 19 Reddit posts and there were 41 comments about Polkadot. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

Powered by LunarCrush

Overview

Contributors

2,147 people

Volume rank

#74

Average Sentiment

3 out of 5

Twitter

Reddit

Posts

19

Comments

41

Post Score

13,896

Comment Score

14,868

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Polkadot is on the decline this week.

The price of Polkadot has decreased by 0.99% in the last hour and decreased by 10.56% in the past 24 hours. Polkadot’s price has also fallen by 14.44% in the past week. The current price is $9.12 per DOT with a 24-hour trading volume of $518.43M. Currently, Polkadot is valued at 83.46% below its all time high of $55.13. This all-time high was the highest price paid for Polkadot since its launch.

The current circulating supply of Polkadot is 1,423,677,244.412 DOT which means that Polkadot has as total market cap of 1,423,677,244.412.

FAQ

What is the current price of Polkadot?

We update our Polkadot to USD currency in real-time. Get the live price of Polkadot on Coinbase.

What is the market cap of Polkadot?

The current market cap of Polkadot is $12.92B. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Polkadot?

The all-time high of Polkadot is $55.13. This all-time high is highest price paid for Polkadot since it was launched.

What is the 24 hour trading volume of Polkadot?

Over the last 24 hours, the trading volume of Polkadot is $518.43M.

What other assets are similar to Polkadot?

Assets that have a similar market cap to Polkadot include USDC, Cardano, Avalanche, and many others. To see a full list, see our comparable market cap assets.

How many Polkadot are there?

The current circulating supply of Polkadot is 1.4 billion.

What is the typical holding time of Polkadot?

The median time that Coinbase customers hold Polkadot before selling it or sending it to another account or address is 91 days.

What is the relative popularity of Polkadot?

Polkadot ranks 26 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Polkadot?

Currently, 98% of Coinbase users are buying Polkadot. In other words, 98% of Coinbase customers have increased their net position in Polkadot over the past 24 hours through trading.

Can I buy Polkadot on Coinbase?

Yes, Polkadot is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Polkadot guide.

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