Polkadot's community overwhelmingly supports Referendum #1944 to create dotUSD, a new US dollar-pegged stablecoin backed primarily by DOT tokens. The proposal includes $5 million in initial liquidity split between USDT and DOT to enable minting and liquidity. This stablecoin aims to reduce reliance on external stablecoins like USDT and USDC, enhancing Polkadot’s DeFi ecosystem by providing a native, protocol-owned stable asset. The vote is in its final decision phase, and if approved, dotUSD could increase demand for DOT by locking tokens as collateral, though it carries risks tied to DOT’s price stability.
Polkadot's price dropped about 4% to around $1.05, approaching a critical $1 support level after failing to sustain recent recovery gains. Despite efforts to improve token economics by capping supply and reducing issuance, selling pressure continues ...
Polkadot (DOT) closed at 1.075 USDT on Oct 23, down 3.33% from the previous day, nearing its lower Bollinger band at 1.06 USDT. Analyst Parshwa Turakhiya highlighted $1.08 as a critical level for potential gains toward $1.17 and $1.27 if held, while ...
Polkadot has migrated nearly all its DOT tokens (99.986%) from the original relay chain to the Asset Hub, where staking is now active. This shift is part of a technical rebuild called JAM, aiming to transform Polkadot into a platform distributing com...
Polkadot (DOT) saw its price fall 4.21% within one hour on Binance, dropping from $1.19 to $1.14, even though it recorded a 1.07% gain over the past 24 hours. During this hour, $50,000 worth of long positions were liquidated across Binance, Bybit, an...
On October 22, 2026, U.S. altcoin spot ETFs showed mixed net flows: XRP, HBAR, ZEC, and NEAR ETFs recorded inflows, while SOL and HYPE ETFs experienced outflows. XRP spot ETFs attracted $3.55 million, continuing a positive trend, while SOL ETFs saw $...
