Polkadot’s price surged massively over the last 24 hours as activity soared.
However, overall sentiment around DOT declined.
As the year comes to an end, altcoins have seen a massive surge in interest. Polkadot[DOT] has been one of the altcoins that has amassed huge interest in the last 24 hours.
Up and up
During this period, the price of DOT grew by 6.28%. At press time, DOT was trading at $8.05.
One of the reasons for the sudden surge in price for DOT could be attributed to a spike in activity on the Polkadot network.
At press time, the Polkadot relay chain recorded 1 million transactions, marking the highest daily activity in its history and surpassing the previous peak of 941,000 transactions on 5th May, 2021. The increased activity is attributed to inscriptions.
Increased activity indicates growing engagement and utilization of the platform, showcasing its capabilities and attracting attention from users and developers.
This heightened interest may lead to further adoption, ecos
We współpracy z: https://ambcrypto.com/polkadot-what-a-surge-in-network-activity-means-for-dot-prices/
