From Ethereum Killer to Marketing Idiot: Review of Polkadot’s Decline
With projects leaving Ethereum and weak revenue generation, Polkadot, which has missed out on countless hot spots, may really not have much time left.
JinseFinanceWith projects leaving Ethereum and weak revenue generation, Polkadot, which has missed out on countless hot spots, may really not have much time left.
JinseFinanceThe Polkadot ecosystem hit a new all-time high of 514,000 daily active addresses, up 48% month-over-month and 192% in 6 months, with Moonbeam remaining the leading parachain.
JinseFinanceOn April 18, 2024, Gavin Wood, founder of Polkadot, announced a major development in the Polkadot ecosystem at the Token 2049 event in Dubai - the release of the JAM Gray Paper!
JinseFinanceGavin first shared the JAM architecture at the sub0 conference in Bangkok. What is JAM? How does this impact Polkadot? What kind of innovation will it bring? Acala CTO Bryan was the first to give his unique take on X.
JinseFinancePolkadot's recent surge of 6% reflects the cryptocurrency's resilience amidst market fluctuations. Despite prevailing bearish sentiment, metrics suggest a potential continuation of the upward trajectory, while robust development activity underpins its long-term prospects.
BerniceGavin Wood, the founder of Polkadot, gave a major keynote speech about the future of Polkadot, which is called Polkadot 2.0.
JinseFinanceExplore how Polkadot Blockchain Academy is shaping the future of blockchain innovation with its groundbreaking educational programs in APAC. Join the journey in Hong Kong and Singapore, fostering a new generation of blockchain professionals.
WeiliangA cryptocurrency analyst, Ali Martinez, recently highlighted a bearish signal for Polkadot (DOT), suggesting a probable 20% decline from its current price level.
Xu LinAcala, a member of the Polkadot DeFi ecosystem, has increased DOT staking, providing enhanced DeFi accessibility and incentives for DOT holders. The move is expected to attract more users to participate in decentralized finance solutions offered by Acala, making it easier for both beginners and experienced crypto enthusiasts to engage with the platform.
EdmundParity Technologies, responsible for developing Polkadot, has recently been reported to be facing financial difficulties, leading to a significant number of layoffs.
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