tldr; Polkadot’s ecosystem has shown resilience with a 33% increase in transactions in June, reaching 16 million, despite DOT’s value hitting a seven-month low. Growth was driven by One Frequency and Mythos Chain, contributing significantly to the transaction volume. Unique addresses with non-zero balances rose to over 7 million. OpenGov proposals increased by 66%, and the treasury holds assets totaling $167 million. Despite market downturns affecting DOT’s price, on-chain data indicates whale activity in token acquisition for staking, suggesting confidence in Polkadot’s future.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Baecchus on
These news would hit better if DOT threw us a green candle or two smh
partymsl on
Quite the headline.
Just sums up how DOT had amazing fundamentals but price never lived up to it.
kirtash93 on
Wen DOT pump? My bag needs it and my $25 is not enough.
4 Comments
tldr; Polkadot’s ecosystem has shown resilience with a 33% increase in transactions in June, reaching 16 million, despite DOT’s value hitting a seven-month low. Growth was driven by One Frequency and Mythos Chain, contributing significantly to the transaction volume. Unique addresses with non-zero balances rose to over 7 million. OpenGov proposals increased by 66%, and the treasury holds assets totaling $167 million. Despite market downturns affecting DOT’s price, on-chain data indicates whale activity in token acquisition for staking, suggesting confidence in Polkadot’s future.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
These news would hit better if DOT threw us a green candle or two smh
Quite the headline.
Just sums up how DOT had amazing fundamentals but price never lived up to it.
Wen DOT pump? My bag needs it and my $25 is not enough.