DOT (Polkadot) has risen 9.49% in the last 24 hours.

Gate News Bot news, on September 19, according to CoinMarketCap data, as of the time of writing, DOT (Polkadot) is currently priced at $4.80, with a rise of 9.49% in the last 24 hours, reaching a maximum of $4.80 and a minimum of $4.11, with a 24-hour volume of $514 million. The current market capitalization is approximately $7.771 billion, an increase of $674 million from yesterday.

Polkadot is the most scalable, secure, and flexible blockchain platform, designed for builders and users. It aims to drive large-scale adoption of Web3 and bring true ownership to the world. Polkadot provides everything needed to build, participate in, or lead Web3. The tools are ready, and the community is formed.

Recent important news about DOT:

1️⃣ Polkadot officially enters the 2.0 era Polkadot passed the 1721 referendum, marking the platform's official entry into the 2.0 era. The new version will eliminate slot auctions and introduce a flexible scaling model, providing developers with a more adaptable entry method. This significant upgrade is expected to lower the development barrier and attract more projects to join the Polkadot ecosystem, potentially driving the DOT price rise.

2️⃣ The total supply limit of DOT tokens is set at 2.1 billion Polkadot DAO passed the proposal to set the total supply cap of DOT at 2.1 billion with an approval rate of 81%. This decision will replace the previous unlimited inflation model and will gradually slow down the inflation rate in the future. This deflationary policy may increase the scarcity of DOT and support its long-term value.

3️⃣ Polkadot Hub rise plan is about to launch The growth plan for Polkadot Hub is expected to launch in the first quarter of 2026, at which point the inflation rate of DOT will decrease to 3.1%. The implementation of this plan may further optimize the economic model of DOT and provide assurance for its value stability.

From a technical perspective, the DOT price has broken through the $4 mark, demonstrating strong upward momentum. On the fundamental side, the launch of Polkadot 2.0 and the optimization of the token economic model have laid a solid foundation for the long-term development of DOT. These positive factors have jointly driven the significant rise of DOT in recent times.

This message is not an investment advice; investors should pay attention to the risks of market volatility.

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AshaHarshiitvip
· 09-19 02:33
😇😇😇😇😇😇😇😇😇😇😇😇😇😇😇😇😇😇😇
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