Polkadot's price increased by 43.2% over the past 30 days, driven by the ongoing Referendum 1944 to introduce a native stablecoin called dotUSD and the launch of the 21Shares Polkadot Staking ETF in the US. The referendum aims to create a protocol-native stablecoin backed by DOT, reducing reliance on external issuers. However, the vote turnout is very low, with only 0.1% of DOT supply participating, and the referendum has not yet passed. The ETF provides US investors access to DOT but is too small to explain the price surge alone. Despite the recent gains, Polkadot remains 67.8% down over the past year and 97.7% below its all-time high. Investors should consider the ongoing governance process, limited participation, and market context before buying.
Polkadot price recovery is the subject, with Pluang market data providing context as of Sep 27, 2026 09:31 WIB. Among 50 major cryptocurrencies, 20 rose and 29 fell today. Cardano (ADA) traded at Rp4.539 with a 3.22% decrease, Stellar (XLM) at Rp3.851 down 2.92%, and Ripple (XRP) at Rp27.346 down 2.86%.
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