Polkadot ecosystem advances as DOT slips below 50-day EMA

  • Polkadot leads listed networks in Chainspect’s Nakamoto Coefficient ranking.
  • More than 900 million DOT is staked at an average reward rate of 2.8%.
  • Kraken scheduled HDX trading and deposit closures for September 11, with withdrawals through December 10.

Polkadot is recording several ecosystem advances even as DOT weakens below its 50-day EMA amid macro pressure and a dispute over Kraken’s planned delisting of Hydration’s HDX. Chainspect’s Nakamoto Coefficient, which measures the minimum number of independent entities needed to disrupt blockchain consensus, ranks Polkadot ahead of TON and Avalanche. More than 900 million DOT is staked at an average reward rate of 2.8%, and the 21Shares Polkadot Staking ETF was listed by DTCC under ticker TDOT. The fund stakes 40% to 95% of its DOT through network validators, with a 2.04% staking yield and 0.30% fee. Kraken plans to end HDX trading and deposits on September 11 and withdrawals on December 10, a decision Hydration has appealed. DOT has fallen from $1.02 on August 22 to $0.8424, with $0.71 identified as the next important support if selling continues. The network’s decentralization and ecosystem progress have not yet translated into sustained price demand.

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