Polkadot recovers after Hyperbridge hack, price nears key $1.35 resistance level

Polkadot (DOT) fully recovered its market value after the Hyperbridge exploit where a hacker minted 1 billion DOT tokens on Ethereum, causing a price crash. Despite a $2.5 million loss during recovery efforts, the core Polkadot network remained secure, boosting investor confidence and driving a 17% price rebound. Network activity, including transactions and daily active users, increased significantly, and the price rallied from $1.146 to $1.354. However, DOT faces resistance at $1.35, with potential to either rise to $1.50 or fall back to $1.20 depending on whether it breaks this level.