Assessing the odds of Polkadot [DOT] sustaining its growth

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Polkadot has been grabbing headlines recently with its performance. The latest updates on the network have added fuel to DOT’s uptrend in the crypto market. This has made DOT the highest performing crypto asset among CoinMarketCap’s top 10 tokens. DOT, at press time, was trading at $9.01 after gaining a significant bull charge over the […]

has been grabbing headlines recently with its performance. The latest updates on the network have added fuel to DOT’s uptrend in the crypto market.

This has made DOT the highest performing crypto asset among CoinMarketCap’s top 10 tokens. DOT, at press time, was trading at $9.01 after gaining a significant bull charge over the week by 16.35%.According to data from Lunar Crush, Polkadot has scaled new heights during this week. In a weekly reviewSocial signals of the network suggest that Acala, Moonbeam, and Astar are the most influential projects on Polkadot right now.

Social mentions of Polkadot have clocked around 211.29k while social dominance has racked up at 0.40% over the period under review. Impressively, social engagements surrounding Polkadot have crossed more than 700 million during the first week of August.a partnership with Alchemy Platform to accelerate dApp development.Another Polkadot-based network, Phala, hasIt will allow pool owners to access social channels such as Discord and Twitter directly from the application.

1/ Last week the Polkadot ecosystem continued building, deploying and growing. Check out some of the announcements from the ecosystem and hear the latest news from the parachain teams, infrastructure providers, and wallets in this week's

 

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