Polkadot surges more than 13% as network activity and inflows strengthen

  • Polkadot gained more than 13% as network activity, capital inflows and technical momentum improved.
  • Monthly token volume rose 116% to $4.70 billion, while 21Shares ETF inflows reached $663,000.
  • DOT remained above rising trendline support, with $0.945 identified as key horizontal support.

Polkadot (DOT) rose more than 13% in 24 hours as stronger network activity, renewed capital inflows and a bullish technical setup supported the move. Monthly active addresses doubled from 40,000 in August to 82,900 in September before easing to 80,300, while monthly token trading volume climbed 116% to $4.70 billion. Daily transactions averaged 238,000, with 7.20 million recorded over the past 30 days, according to Token Terminal. Capital flows also improved: the 21Shares Polkadot ETF (TDOT) recorded $663,000 in net inflows after two months of dormancy, while treasury net flows exceeded $2.04 million over the past 24 hours. Weekly treasury flows nevertheless remained negative at about $1.59 million. Technically, DOT was holding a rising daily trendline, with expanding Bollinger Bands and a Stochastic RSI reading of 30 pointing to higher volatility and a rebound from oversold conditions. A move above the $1.30-$1.44 zone could expose $1.70 and levels above $2, while a break below the trendline, particularly the $0.945 horizontal support, would weaken the bullish market structure.

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