Polkadot’s latest annual update offered healthy insights into the areas where the network achieved growth. Solid development activity, as well as parachain and relay chain growth, highlighted the ecosystem’s expansion. Now that things in the crypto market are looking more favorable, the focus has now shifted towards growth and long-term projections. The best way to […]
Polkadot’s development activity metric confirmed that there was indeed strong activity in the last 12 months. There were only two incidents during the last 12 months where development activity dropped to the lowest levels. The first was in June 2022 at the height of the
crash, and the second occurred at the end of December 2022, when many developers were out for the holiday break.The report’s findings aligned with Polkadot’s plans for long-term growth, and this might have a positive impact on . Both the overall market sentiment and the weighted sentiment metric were on an overall upward trajectory since the end of December 2022.The above confirmed that many analysts and investors have shifted their stance on DOT in favor of the bulls. This reflected the observations from the derivatives market. Both the Binance and DYDX Funding Rates have improved in the last two or three weeks, confirming the return of bullish demand in the derivatives segment.
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Polkadot development surges, but revenue decline concerns investors, as…Polkadot development activity increased, but revenue declined. Stakers on the network remain undeterred, as volatility presented buying opportunities. Polkadot [DOT]‘s development activity soared over the past few months, Token Terminal reported on 16 January. This spike in activity could be attributed to the growing number of projects and developments within the Polkadot ecosystem. long-term builders […]
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