In the latest development, the value of DOT has rapidly increased, rising by an impressive\u00a020% in just the last two days.<\/p>\n
With its breakthrough beyond the $7.9 barrier, the cryptocurrency set a new record for 2023 and demonstrated the growing interest and confidence of investors in Polkadot.<\/a><\/p>\n Notably, Polkadot’s price structure technical analysis points to a strong future. Even though there could be a slight reversal in the upcoming days, the general trend suggests that more price gains are likely.<\/p>\n This forecast strengthens the favorable perception of DOT and attracts traders and investors who pay close attention to technical indicators.<\/p>\n In addition to its remarkable price success, Polkadot’s blockchain has seen a notable rise in revenue, indicating more platform utilization.<\/p>\n The increase in revenue highlights how developers and consumers are actively interacting with Polkadot’s ecosystem, which is seeing rapid acceptance.<\/p>\n The sudden spike in DOT prices is associated with a noticeable increase in activity on the Polkadot network. The Polkadot relay chain has recorded an incredible 1 million transactions as of the most recent update, which represents a record high in daily activity.<\/p>\n 1 Million transactions today on the Polkadot relay chain.<\/p>\n This is the highest activity day on Polkadot in history, topping out the 941,000 transactions on May 5, 2021.<\/p>\n The activity is due to inscriptions. pic.twitter.com\/BYoMBREbyd<\/a><\/p>\n \u2014 asynchronous rob (@rphmeier) December 21, 2023<\/a><\/p><\/blockquote>\n This exceeds the previous record of 941,000 transactions achieved on May 5, 2021. The main cause of the increased activity is inscriptions, which also add to the spike in interest and participation in the Polkadot ecosystem.<\/p>\n Increasing activity is a strong sign of increased use and interaction with the Polkadot platform. This heightened interest draws developers’ and users’ attention in addition to showcasing the platform’s possibilities.<\/p>\n TOP BLOCKCHAINS BY REVENUE RATE IN 7 DAYS<\/p>\n \ud83d\udcca Witness the economic prowess of the blockchain world<\/p>\n \ud83d\udcb8 Delve into the top blockchains by revenue rate in the past 7 days\u2014unveiling the financial leaders shaping the decentralized landscape<\/p>\n \ud83d\ude80In the last 7 days, @Polkadot<\/a> placed\u2026 pic.twitter.com\/rCt32BygDw<\/a><\/p>\nPolkadot currently trading at $8.42510000 territory. Chart: TradingView.com<\/a><\/pre>\n
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DOT Surpasses Transaction Record, Fostering Growth<\/strong><\/h2>\n
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