Will Polkadot’s [DOT] development activity be enough for the ecosystem? Assessing…

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Will Polkadot's [DOT] development activity be enough for the ecosystem? Assessing...

Over the last week, DOT’s development activity registered a decline, which was surprising considering DOT’s past performance. Besides that, DOT’s Binance funding rate remained relatively low throughout the week, reflecting less demand from the derivatives market.

’s popularity also got affected last week, which was evident from its declining social volume. Polkadot also registered little growth in its NFT space, as its total number of NFT trade counts declined.DOT’s performance on the price front also did not align with investors’ interest, as its weekly chart was red.

 

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