{"id":533475,"date":"2023-05-17T14:00:03","date_gmt":"2023-05-17T14:00:03","guid":{"rendered":"https:\/\/wncen.com\/?p=533475"},"modified":"2023-05-17T12:14:34","modified_gmt":"2023-05-17T12:14:34","slug":"polkadot-latest-update-fuels-anticipation-of-higher-price-for-dot","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/polkadot-latest-update-fuels-anticipation-of-higher-price-for-dot\/","title":{"rendered":"Polkadot Latest Update Fuels Anticipation Of Higher Price For DOT"},"content":{"rendered":"

Polkadot (DOT) may not have experienced the most exuberant price fluctuations in recent weeks, but the tides could soon shift as the network’s unwavering optimism translates into the success of its upcoming developments.\u00a0<\/span><\/p>\n

In a recent <\/span>Twitter post<\/span><\/a>, Polkadot unveiled its weekly roundup, shedding light on the significant advancements within its ecosystem that hold the potential to transform the current bearish sentiment.<\/span><\/p>\n

While the market may have been subdued in recent times, Polkadot’s unwavering commitment to innovation and progress sets the stage for a potential turnaround.<\/span><\/p>\n

\n

1\/ Every Monday the #PolkadotRoundup<\/a> brings you the very latest from the Polkadot ecosystem.<\/p>\n

This week’s \ud83e\uddf5 is ready for you now. Read on for the key news and announcements from the many talented teams building in the Polkadot ecosystem. pic.twitter.com\/dLiK5Rm2rF<\/a><\/p>\n

\u2014 Polkadot (@Polkadot) May 15, 2023<\/a><\/p><\/blockquote>\n

The weekly roundup serves as a testament to the ongoing efforts and achievements within the Polkadot ecosystem, offering a glimpse into the developments that could reignite investor enthusiasm.<\/span><\/p>\n

Related Reading: Shiba Inu Faces Tough Resistance, Risk Of Uncharted Lows \u2013 Here\u2019s Why<\/a><\/div>\n

Polkadot Highlights Integrations of the Week<\/strong><\/h2>\n

In a new development for Polkadot’s NFT ecosystem, Astar Network has <\/span>announced<\/span><\/a> its collaboration with JR Kyushu, the largest rail network in Japan. Through this partnership, NFTs on Astar Network will offer unique memorabilia and “proof of riding” certificates to the 330 million individuals who ride the railway annually.\u00a0<\/span><\/p>\n

\n

\ud83d\ude8a The largest rail network in Japan, J.R. Kyushu, in partnering with P.R.O. Co. Ltd is a game-changer for NFT adoption in Japan! With 330 Million people riding the railway annually, the project can potentially reach massive adoption! \ud83c\udf1f<\/p>\n

Read more below!https:\/\/t.co\/PPTvQUOqyI<\/a> pic.twitter.com\/A4OtDd5ccV<\/a><\/p>\n

\u2014 Astar, Future of Smart Contracts for Multichain (@AstarNetwork) May 12, 2023<\/a><\/p><\/blockquote>\n

Another noteworthy integration within Polkadot’s NFT ecosystem comes from Moonbeam, a parachain on the network. Moonbeam has recently integrated with Equilibrium, facilitating the inclusion of Multichain assets into the Equilibrium platform.\u00a0<\/span><\/p>\n

Furthermore, this integration enables support for bridged assets originating from outside the Polkadot ecosystem. By bridging assets from various chains, Moonbeam and Equilibrium aim to enhance the interoperability and accessibility of NFTs, expanding the range of possibilities for users and creators alike.<\/span><\/p>\n

<\/p>\n

DOT total market cap currently at $6.21 billion on the daily chart at TradingView.com<\/a><\/pre>\n
Increased NFT Trading Activity, SubsocialChain’s Wallet-Free Experience\u00a0<\/strong><\/h2>\n
Over the past week, there has been a substantial <\/span>surge in both the trade count and trade volume<\/span><\/a> of NFTs within Polkadot’s ecosystem, painting an optimistic picture for the future of the NFT market on the network. <\/span><\/p>\n
This uptick in activity indicates growing interest and participation in the Polkadot NFT space, suggesting a thriving marketplace for unique digital assets.<\/span><\/p>\n
Related Reading: Power Play: Top 5 Cryptos Set To Ignite The Week With Decent Gains<\/a><\/div>\n
Moreover, SubsocialChain, a platform built on Polkadot, has made significant strides in enhancing user experience. Users can now access and utilize apps on SubsocialChain without the need for a wallet, tokens, or constant confirmations.\u00a0<\/span><\/p>\n
This streamlined approach simplifies the process for users, reducing barriers to entry and making it easier for individuals to engage with the vibrant Subsocial community.<\/span><\/p>\n
DOT Poised for Potential Uptick Amid Recent Developments in Ecosystem\u00a0<\/strong><\/h3>\n
Meanwhile, Polkadot’s price on <\/span>CoinGecko<\/span><\/a> hovers at $5.25, showing a modest 0.6% rally in the last 24 hours, while experiencing a slight 0.9% slump over the past seven days.<\/span><\/p>\n
\"\"<\/p>\n
Source: Coingecko<\/pre>\n
These recent developments and integrations in the Polkadot ecosystem, coupled with the growing interest and participation in the NFT market, could fuel a potential price surge for the network’s native cryptocurrency, DOT.\u00a0<\/span><\/p>\n
-Featured image from KMR IMAGES<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
Polkadot (DOT) may not have experienced the most exuberant price fluctuations in recent weeks, but the tides could soon shift as the network’s unwavering optimism translates into the success of its upcoming developments.\u00a0 In a recent Twitter post, Polkadot unveiled its weekly roundup, shedding light on the significant advancements within its ecosystem that hold the potential to transform the current bearish sentiment. While the market may have been subdued in recent times, Polkadot’s unwavering commitment to innovation and progress sets the stage for a potential turnaround. 1\/ Every Monday the #PolkadotRoundup brings you the very latest from the Polkadot ecosystem. This week’s \ud83e\uddf5 is ready for you now. Read on for the key news and announcements from the many talented teams building in the Polkadot ecosystem. pic.twitter.com\/dLiK5Rm2rF \u2014 Polkadot (@Polkadot) May 15, 2023 The weekly roundup serves as a testament to the ongoing efforts and achievements within the Polkadot ecosystem, offering a glimpse into the developments that could reignite investor enthusiasm. Related Reading: Shiba Inu Faces Tough Resistance, Risk Of Uncharted Lows \u2013 Here\u2019s Why Polkadot Highlights Integrations of the Week In a new development for Polkadot’s NFT ecosystem, Astar Network has announced its collaboration with JR Kyushu, the largest rail network in Japan. Through this partnership, NFTs on Astar Network will offer unique memorabilia and “proof of riding” certificates to the 330 million individuals who ride the railway annually.\u00a0 \ud83d\ude8a The largest rail network in Japan, J.R. Kyushu, in partnering with P.R.O. Co. Ltd is a game-changer for NFT adoption in Japan! With 330 Million people riding the railway annually, the project can potentially reach massive adoption! \ud83c\udf1f Read more below!https:\/\/t.co\/PPTvQUOqyI pic.twitter.com\/A4OtDd5ccV \u2014 Astar, Future of Smart Contracts for Multichain (@AstarNetwork) May 12, 2023 Another noteworthy integration within Polkadot’s NFT ecosystem comes from Moonbeam, a parachain on the network. Moonbeam has recently integrated with Equilibrium, facilitating the inclusion of Multichain assets into the Equilibrium platform.\u00a0 Furthermore, this integration enables support for bridged assets originating from outside the Polkadot ecosystem. By bridging assets from various chains, Moonbeam and Equilibrium aim to enhance the interoperability and accessibility of NFTs, expanding the range of possibilities for users and creators alike. DOT total market cap currently at $6.21 billion on the daily chart at TradingView.com Increased NFT Trading Activity, SubsocialChain’s Wallet-Free Experience\u00a0 Over the past week, there has been a substantial surge in both the trade count and trade volume of NFTs within Polkadot’s ecosystem, painting an optimistic picture for the future of the NFT market on the network. This uptick in activity indicates growing interest and participation in the Polkadot NFT space, suggesting a thriving marketplace for unique digital assets. Related Reading: Power Play: Top 5 Cryptos Set To Ignite The Week With Decent Gains Moreover, SubsocialChain, a platform built on Polkadot, has made significant strides in enhancing user experience. Users can now access and utilize apps on SubsocialChain without the need for a wallet, tokens, or constant confirmations.\u00a0 This streamlined approach simplifies the process for users, reducing barriers to entry and making it easier for individuals to engage with the vibrant Subsocial community. DOT Poised for Potential Uptick Amid Recent Developments in Ecosystem\u00a0 Meanwhile, Polkadot’s price on CoinGecko hovers at $5.25, showing a modest 0.6% rally in the last 24 hours, while experiencing a slight 0.9% slump over the past seven days. Source: Coingecko These recent developments and integrations in the Polkadot ecosystem, coupled with the growing interest and participation in the NFT market, could fuel a potential price surge for the network’s native cryptocurrency, DOT.\u00a0 -Featured image from KMR IMAGES<\/p>\n","protected":false},"author":557,"featured_media":533534,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[142,1144,86493,8686,9753,4735],"class_list":["post-533475","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins","tag-btcusd","tag-dot-price","tag-ethusd","tag-polkadot","tag-price-action"],"acf":[],"yoast_head":"\nPolkadot Latest Update Fuels Anticipation Of Higher Price For DOT<\/title>\n<meta name=\"description\" content=\"Polkadot (DOT) may not have experienced the most 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Polkadot Latest Update Fuels Anticipation Of Higher Price For DOT","url":"http:\/\/wncen.com\/news\/polkadot-latest-update-fuels-anticipation-of-higher-price-for-dot\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/polkadot-latest-update-fuels-anticipation-of-higher-price-for-dot\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/05\/a-95.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/05\/a-95.png?fit=842%2C475"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoins","btcusd","dot price","ethusd","polkadot","price action"],"dateCreated":"2023-05-17T14:00:03Z","datePublished":"2023-05-17T14:00:03Z","dateModified":"2023-05-17T14:00:03Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Polkadot Latest Update Fuels Anticipation Of Higher Price For DOT\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/polkadot-latest-update-fuels-anticipation-of-higher-price-for-dot\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/polkadot-latest-update-fuels-anticipation-of-higher-price-for-dot\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/05\\\/a-95.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/05\\\/a-95.png?fit=842%2C475\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoins\",\"btcusd\",\"dot price\",\"ethusd\",\"polkadot\",\"price action\"],\"dateCreated\":\"2023-05-17T14:00:03Z\",\"datePublished\":\"2023-05-17T14:00:03Z\",\"dateModified\":\"2023-05-17T14:00:03Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/05\/a-95.png?fit=842%2C475","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/533475"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=533475"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/533475\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/533534"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=533475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=533475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=533475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}