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The analyst says Polkadot’s current valuation is extremely low when compared to that of Ethereum. Nonetheless, Van de Poppe believes the price of Polkadot has room for substantial growth. a key upgrade on its platform. The protocol, dubbed the most recent version"Asynchronous Backing," aims to optimize how the Relay Chain validates parachain blocks.At press time, DOT is trading at $6.36, demonstrating a 4% increase in the past 24 hours. The trading volume increased by an amazing 28.
Meanwhile, the price of Ethereum rose to over $3,400 on Thursday, recovering from a short-term volatility in the crypto market. A market analyst claims Ethereum’s recent movement is consistent with historical patterns and forecast aGodfrey Benjamin is an experienced crypto journalist whose main goal is to educate everyone around him about the prospects of Web 3.0.