ប៉ូលកាដត a cryptocurrency ranked 12th in terms of market capitalization, showed massive growth in development activity across its ecosystem. Projects such as អង់ការ៉ា និង លីនែអ៊ែរហិរញ្ញវត្ថុ strengthened DOT’s position in the DeFi space.
But the pertinent question here is- Can the development activity’s increase translate itself into របស់ DOT price action?
នេះគឺជា AMBCrypto's ការព្យាករណ៍តម្លៃសម្រាប់ Polkadot សម្រាប់ឆ្នាំ ២០២០-២០២១
Well, it’s to be noted here that according to the របាយការណ៍, Referendum 79 was recently passed and executed. Thus, upgrading the Polkadot relay chain to runtime v9291 and Statemint to runtime v9290. Other proposals about stablecoins និង គូសាម៉ា។, were also in the pipeline for being voted on.
រួមជាមួយ Polkadot's technological advancement, the protocol showed considerable growth in the DeFI space as well.
As can be seen from the image below, The ពិធីការ Ankr’s TVL grew immensely over the past two months and registered a massive uptick during that time.
Other DeFi projects such as លីនែអ៊ែរហិរញ្ញវត្ថុ also showed stability during this period.
ប្រភព៖ DeFILlama
Ankr’s TVL was at $171 million and Linear Finance had captured over $5.5 million in terms of TVL, at the time of writing. Other projects such as the Ocean Protocol observed growth in terms of សកម្មភាពសង្គម និង whale interest រៀងគ្នា។
ការលូតលាស់របស់ Polkadot របស់ ecosystem and the advancements made by various protocols on the Polkadot network may be one of the reasons why the overall sentiment for Polkadot was positive over the last week.
As can be observed from the image below, the weighted sentiment for Polkadot grew massively over the past few days. Thereby, indicating that the crypto community had more positive than negative things to say about Polkadot.
ប្រភព៖ Santiment
នៅលើ DOT
Despite the positivity that was bestowed upon DOT in the last couple of days, the overall volume of Polkadot continued to decline. នេះបើតាមការបញ្ជាក់របស់លោក Messi។ the overall volume declined by 83.25% in the last seven days.
Along with that Polkadot’s market cap dominance declined as well. At the time of writing, Polkadot captured 0.77% of the total crypto market.
ប្រភព៖ Messari
Regardless of these bearish conditions, Polkadot’s price showed optimism. At the time of press, DOT was trading at $6.13 and its price had appreciated by 0.5% over the last 24 hours.
Polkadot’s growing ecosystem coupled with its ការបង្កើនសកម្មភាពអភិវឌ្ឍន៍ នឹងមាន crucial for Polkadot to continue its success story.
Source: https://ambcrypto.com/analyzing-polkadots-dot-defi-scene-at-the-back-of-referendum-79/