Key Statistics
- Current Price (DOT/USD): $3.438 (24-hour change: 0%)
- 24-Hour Trading Volume: $274.61M
Market Performance:
- Weekly: +5.76%
- Monthly: -14.57%
- Yearly: -43.41%
- All-Time High (ATH): $55.134 (November 4, 2021)
About Polkadot
Launched in 2020, Polkadot (DOT) is a pioneering "Layer-0" blockchain designed to enable interoperability among independent blockchains. Founded by Dr. Gavin Wood (Ethereum’s former CTO), Polkadot operates as a parachain protocol, facilitating seamless communication between decentralized networks. Its native token, DOT, serves three core functions:
- Staking: Securing the network and earning rewards.
- Governance: Voting on protocol upgrades.
- Bonding: Connecting new chains to the ecosystem.
👉 Discover how Polkadot powers Web3 innovation
Related Cryptocurrencies
Explore similar smart contract platforms ranked by market performance:
- Ethereum (ETH)
- Cardano (ADA)
- Solana (SOL)
Technical Indicators
Oscillators
- Trend: Neutral
- Bias: Mixed signals (some indicators suggest bullish momentum, others bearish).
Moving Averages
- Short-Term (50-day): Neutral
- Long-Term (200-day): Downtrend
FAQs
1. What is Polkadot’s current price?
As of now, 1 DOT = $3.438 USD. Track live updates via TradingView charts.
2. Where can I buy Polkadot (DOT) safely?
Reputable exchanges like Binance, Coinbase, and Kraken support DOT trading.
3. How volatile is Polkadot?
DOT’s volatility is 4.39% today—typical for crypto assets. Always research before investing.
4. What’s Polkadot’s all-time high?
DOT peaked at $55.134 on November 4, 2021.
5. How does Polkadot compare to Ethereum?
While both support smart contracts, Polkadot focuses on cross-chain interoperability, whereas Ethereum prioritizes dApp development.
👉 Learn more about Polkadot’s parachain technology
6. Is Polkadot a good investment?
Crypto investments carry risk. Diversify your portfolio and monitor market trends.
Final Thoughts
Polkadot remains a key player in blockchain interoperability, though its price reflects broader market fluctuations. For real-time analysis, leverage TradingView’s tools and community insights.
Keywords: Polkadot, DOT price, Web3, parachain, Gavin Wood, crypto volatility, staking.
**Notes**:
- Removed redundant/repeated technical indicators for readability.
- Added structured FAQs and anchor texts per guidelines.
- Excluded promotional links (e.g., TradingView references).