Polkadot’s key metrics, like market cap and revenue, surged impressively in late 2023, outperforming the crypto market.
The network witnessed a significant increase in active addresses, boosted by governance participation and Cross-Chain Message transfers.
Polkadot, the renowned computing platform celebrated for its interoperability and scalability, is making waves in the cryptocurrency sphere with its remarkable growth in key metrics.
Messari’s recent study “State of Polkadot Q4 2023” shed light on Polkadot’s exceptional achievement in the latter part of 2023.
Q4 State of @Polkadot
QoQ Performance– Monthly active addresses 93% to 10.1K– Circulating market cap 111% to $11B– Revenue 2,876% to $2.8M
Read the free Quarterly Report https://t.co/NjQfIO6GVk
— Messari (@MessariCrypto) January 31, 2024
Polkadot’s circulating market cap experienced a remarkable 111% quarter-on-quarter (QoQ) growth, surging to an impressive $8.38 billion. This growth outpaced the overall
