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Polkadot price

Polkadot priceDOT

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$3.53+3.62%1D
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Polkadot price chart (DOT/USD)
Last updated as of 2025-04-10 14:47:19(UTC+0)
Market cap:$5,527,537,643.97
Fully diluted market cap:$5,527,537,643.97
Volume (24h):$303,322,062.72
24h volume / market cap:5.48%
24h high:$3.75
24h low:$3.36
All-time high:$54.98
All-time low:$2.69
Circulating supply:1,566,314,100 DOT
Total supply:
1,566,314,108.31DOT
Circulation rate:100.00%
Max supply:
--DOT
Price in BTC:0.{4}4329 BTC
Price in ETH:0.002238 ETH
Price at BTC market cap:
Price at ETH market cap:
Contracts:
0x7083...c873402(BNB Smart Chain (BEP20))
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Note: This information is for reference only.

About Polkadot (DOT)

What Is Polkadot?

Polkadot (DOT) is a next-generation blockchain protocol connecting multiple specialized chains into one unified network. It was conceptualized and launched by the Web3 Foundation, a Swiss Foundation facilitating a fully functional and user-friendly decentralized web. Its creation was led by Dr. Gavin Wood, one of the co-founders of Ethereum and the inventor of its programming language, Solidity.

Polkadot's fundamental objective is to enable blockchain networks to work together seamlessly, facilitating interoperability. While the current blockchain landscape is populated with numerous isolated blockchains operating independently, Polkadot aims to establish an internet of blockchains, where multiple chains can communicate and transact in a secure, trust-free environment.

This innovative platform is designed to support various blockchains, ranging from public, permissionless networks, private consortium chains, oracles, and other future technological developments not yet known. Polkadot's adaptability is indicative of the platform's vision of a decentralized web, where users are in control.

Resources

Whitepaper: https://assets.polkadot.network/Polkadot-whitepaper.pdf

Official website: https://polkadot.network/

How Does Polkadot Work?

To understand how Polkadot works, we need to be acquainted with its architecture, primarily comprising Relay Chains, Parachains, and Bridges.

Relay Chain

The Relay Chain is Polkadot's heart, responsible for the network's shared security, consensus, and cross-chain interoperability. It verifies and finalizes the transactions from the connected chains, ensuring the overall security of the network.

Parachains

Parachains are individual blockchains that run parallel within the Polkadot ecosystem. Each parachain is unique, tailored with its specific features and applications, and all of them benefit from the security provided by the Relay Chain. Parachains communicate with the Relay Chain and with each other through Cross-Chain Message Passing (XCMP).

Bridges

Bridges are special blockchains that link Polkadot with external networks like Ethereum or Bitcoin, ensuring the interconnectivity of chains across the blockchain sphere, not just within Polkadot.

Polkadot's operations are orchestrated through a sophisticated consensus mechanism, employing aspects of both proof-of-stake and Byzantine fault tolerance. Validators staking the native DOT tokens are selected to produce blocks on the Relay Chain and confirm parachain transactions. Nominators, on the other hand, select trustworthy validators, helping secure the network. Other roles include Collators, who collect parachain transactions and produce proofs for validators, and Fishermen, who monitor the network and report malicious activities.

The DOT Token

The DOT token is the native cryptocurrency of the Polkadot network. It serves multiple purposes within Polkadot’s ecosystem, playing a crucial role in the platform's operation, governance, and security.

Role in Network Operation

DOT tokens are primarily used in the operation of the network. Participants can bond DOT tokens to add new parachains (parallel blockchains) or to engage in other operations. This bonding process is crucial for maintaining the network's overall security and stability.

Role in Governance

The DOT token has a vital role in Polkadot's on-chain governance. DOT holders have the right to vote on proposed changes to the network, including the addition of new parachains and system upgrades. This allows for a completely decentralized, democratic decision-making process where every DOT holder has a voice.

Role in Security

In Polkadot's ecosystem, DOT tokens are also used to incentivize good behavior through a mechanism called staking. Validators stake DOT tokens as a kind of security deposit. Those who act dishonestly or attempt to attack the network will have their stake slashed, losing a portion or all of their staked DOTs. This mechanism helps secure the network against malicious activities.

Role in Interoperability

Finally, the DOT token is used to facilitate interoperability across different chains. Cross-chain transactions often require a native token to process, and in Polkadot's ecosystem, DOT tokens serve this function.

What Determines Polkadot's Price?

The Polkadot price is influenced by a myriad of factors that contribute to its volatility and market value. One of the primary determinants of the Polkadot price today is its utility and adoption within the blockchain ecosystem. Polkadot, often hailed for its multi-chain network capabilities, facilitates cross-chain data and asset transfers. This makes it a cornerstone for interoperability in the blockchain space. Its native token, DOT, plays a crucial role in network governance, staking, and bonding processes. The more projects that build on or integrate with Polkadot, the higher the demand for DOT, which in turn affects its market cap and overall value.

Polkadot's scalability and cross-chain functionality have attracted significant projects to its ecosystem, further driving its utility and, by extension, its price. Therefore, those interested in the Polkadot price forecast should consider these technological benefits when assessing its long-term value.

Another significant factor in Polkadot price prediction and Polkadot price speculation is market sentiment, often influenced by news cycles, technological advancements, and macroeconomic factors. Investor behavior, reflected in Polkadot price charts and Polkadot price analysis, can be reactive to updates about network upgrades, partnerships, and staking rewards. For instance, Polkadot's inflationary monetary policy, designed to incentivize network participation, can dynamically adjust the DOT supply, affecting both short-term and long-term Polkadot price forecasts.

If you're planning to buy Polkadot or are interested in Polkadot's future price, it's crucial to also consider external factors like regulatory news and broader market trends. These external influences can have immediate impacts on Polkadot's real-time price, commonly referred to as the Polkadot price live. Hence, a comprehensive Polkadot price update should consider both intrinsic utility and broader market sentiment to provide a well-rounded view of its current and future price.

Conclusion

Polkadot is more than just a blockchain protocol; it's a vision for a decentralized web where multiple blockchains co-exist and interact seamlessly. By focusing on interoperability, scalability, and a user-centric approach, Polkadot is set to become a vital part of the decentralized future of the internet. The forthcoming sections of this article will delve deeper into each of these aspects, providing a thorough understanding of Polkadot's unique architecture, features, the role of DOT token, and its decentralized governance.

Related Articles about Polkadot

Introduction to Polkadot (DOT)

Polkadot price today in USD

The live Polkadot price today is $3.53 USD, with a current market cap of $5.53B. The Polkadot price is up by 3.62% in the last 24 hours, and the 24-hour trading volume is $303.32M. The DOT/USD (Polkadot to USD) conversion rate is updated in real time.

Polkadot price history (USD)

The price of Polkadot is -57.56% over the last year. The highest price of DOT in USD in the last year was $11.59 and the lowest price of DOT in USD in the last year was $3.26.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h+3.62%$3.36$3.75
7d-9.49%$3.31$4.12
30d-8.12%$3.26$4.77
90d-46.58%$3.26$7.59
1y-57.56%$3.26$11.59
All-time+26.67%$2.69(2020-08-20, 4 years ago )$54.98(2021-11-04, 3 years ago )
Polkadot price historical data (all time).

What is the highest price of Polkadot?

The all-time high (ATH) price of Polkadot in USD was $54.98, recorded on 2021-11-04. Compared to the Polkadot ATH, the current price of Polkadot is down by 93.58%.

What is the lowest price of Polkadot?

The all-time low (ATL) price of Polkadot in USD was $2.69, recorded on 2020-08-20. Compared to the Polkadot ATL, the current price of Polkadot is up by 31.12%.

Polkadot price prediction

When is a good time to buy DOT? Should I buy or sell DOT now?

When deciding whether to buy or sell DOT, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget DOT technical analysis can provide you with a reference for trading.
According to the DOT 4h technical analysis, the trading signal is Sell.
According to the DOT 1d technical analysis, the trading signal is Sell.
According to the DOT 1w technical analysis, the trading signal is Strong sell.

What will the price of DOT be in 2026?

Based on DOT's historical price performance prediction model, the price of DOT is projected to reach $4.69 in 2026.

What will the price of DOT be in 2031?

In 2031, the DOT price is expected to change by +19.00%. By the end of 2031, the DOT price is projected to reach $6.85, with a cumulative ROI of +91.83%.

FAQ

What factors influence the price of Polkadot (DOT)?

Polkadot's price is influenced by factors such as its technology developments, market demand, regulatory news, overall market sentiment, and adoption of its network and services. Additionally, the general trend of the cryptocurrency market can also affect its price.

How has Polkadot's price trended historically?

Historically, Polkadot's price has experienced significant volatility, typical of the cryptocurrency market. It has seen sharp increases during bullish market conditions and declines during bearish phases.

What is the future price prediction for Polkadot?

Predicting the future price of Polkadot is challenging due to market volatility and unforeseen factors. Analysts often look at market trends, technical analysis, and developments in the Polkadot ecosystem to make predictions, which can vary widely.

Is it a good time to invest in Polkadot?

Deciding whether now is a good time to invest in Polkadot depends on individual financial goals, risk tolerance, and market conditions. It's important to do thorough research and consider consulting a financial advisor.

How can I buy Polkadot on Bitget Exchange?

To buy Polkadot on Bitget Exchange, you need to create an account, complete any required verification, deposit funds, navigate to the DOT trading pair, and then place a buy order.

What is Polkadot's market cap, and why is it important?

Polkadot's market cap is calculated by multiplying its current price by the total number of DOT in circulation. It's important because it represents the total value of the cryptocurrency and helps assess its relative market size compared to other cryptocurrencies.

Will Polkadot's price reach $100?

While it's possible for Polkadot's price to reach $100, it would depend on significant market developments, increased adoption, and positive market conditions. Such predictions should be made cautiously, given the volatile nature of the market.

What are the main challenges that could affect Polkadot's price?

Challenges affecting Polkadot's price could include technical issues, competition from other blockchain projects, regulatory challenges, and changes in investor sentiment.

How does Polkadot's staking mechanism affect its price?

Polkadot's staking mechanism can reduce the circulating supply as users lock up their DOT for staking, potentially impacting its price. Additionally, staking rewards can incentivize holding DOT, which could positively influence its value.

Can I trade Polkadot futures on Bitget Exchange?

Yes, you can trade Polkadot futures on Bitget Exchange. You'll need to have a verified account, understand the futures trading process, and ensure you are aware of the risks involved in futures trading.

How does Polkadot aim to solve scalability issues faced by other blockchains?

Polkadot uses a multi-chain architecture with a central Relay Chain and multiple Parachains. This structure allows for parallel processing of transactions across different chains, increasing the overall capacity and scalability of the network.

What is the primary purpose of Polkadot (DOT)?

Polkadot (DOT) serves as the native cryptocurrency of the Polkadot network, a decentralized platform designed to enable different blockchains to transfer messages and value in a trust-free fashion, aiming to make a web where independent blockchains can share information. DOT tokens have multiple uses within the ecosystem: they provide governance rights to holders, allowing them to have a say in the development and changes to the protocol; they are staked to maintain the network's security and operations; and they can be bonded to connect new chains or parachains to the Polkadot relay chain. Thus, DOT is an essential component in ensuring the smooth operation, security, and interoperability of the Polkadot ecosystem.

What was the price of DOT during its Initial Coin Offering (ICO)?

The DOT token was sold at an initial price of around US$30 during its ICO. However, post-ICO, there was a 100:1 redenomination, effectively making the ICO price US$0.30 per DOT under the new denomination.

Is Polkadot a good investment?

Polkadot (DOT) has established itself as a dominant player in the crypto sphere, securing its spot as the 12th largest by market capitalization as of August 2023. Its strong presence on premier exchanges, including Bitget, underpins its acceptance and high trading liquidity. With an ever-increasing number of connected chains and the addition of parachains, Polkadot is enhancing its ability to interoperate between various blockchains. This development, coupled with the growing interest in Polkadot for Web3 projects, suggests that DOT is not only crucial for the evolving Web 3.0 landscape but also presents a promising investment opportunity, especially as decentralized applications (dApps) become more popular.

How does staking DOT work, and how does it impact its value?

Staking in Polkadot is governed by its Nominated Proof-of-Stake (NPoS) consensus mechanism. The process involves two primary roles: validators and nominators. Validators produce new blocks, confirm transactions, and uphold network integrity by locking up a certain amount of DOTs as collateral. Nominators, on the other hand, don't directly engage in block production but support validators by staking their DOTs on those they trust. Both earn rewards for their roles, but they also face the risk of having their staked DOTs slashed if involved in malicious activities or negligence. The staking process requires DOT holders to "bond" their tokens, rendering them illiquid for a specified period. If they choose to "unbond," there's a waiting period, often 28 days, before the DOTs are available for transfer. The act of staking DOTs can significantly influence its market value in several ways. By staking, a portion of DOT's supply is effectively locked, potentially leading to upward price pressure due to reduced circulation if demand remains steady or rises. Additionally, the prospect of earning rewards from staking provides an incentive for DOT holders to retain their tokens, reducing sell-off tendencies. This dynamic promotes network security as more staked DOTs increase resistance to malicious intent. However, the potential for slashing introduces an element of risk, and any large-scale slashing events might raise concerns about the network's stability, potentially impacting DOT's value negatively.

Can I mine Polkadot?

No, you can't mine Polkadot like traditional cryptocurrencies such as Bitcoin or Ethereum. Instead, Polkadot operates on a Nominated Proof-of-Stake (NPoS) consensus mechanism. Within this system, DOT holders can either become validators, responsible for producing blocks and confirming transactions, or nominators, who support validators with their own DOTs. While validators actively participate in the network's operations, nominators back trusted validators and earn a portion of the block rewards in return.

What is the current price of Polkadot?

The live price of Polkadot is $3.53 per (DOT/USD) with a current market cap of $5,527,537,643.97 USD. Polkadot's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Polkadot's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Polkadot?

Over the last 24 hours, the trading volume of Polkadot is $303.32M.

What is the all-time high of Polkadot?

The all-time high of Polkadot is $54.98. This all-time high is highest price for Polkadot since it was launched.

Can I buy Polkadot on Bitget?

Yes, Polkadot is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy polkadot guide.

Can I get a steady income from investing in Polkadot?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Polkadot with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Polkadot market

  • #
  • Pair
  • Type
  • Price
  • 24h volume
  • Action
  • 1
  • DOT/USDT
  • Spot
  • 3.527
  • $7.2M
  • Trade
  • 2
  • DOT/USDC
  • Spot
  • 3.526
  • $56.06K
  • Trade
  • Polkadot holdings by concentration

    Whales
    Investors
    Retail

    Polkadot addresses by time held

    Holders
    Cruisers
    Traders
    Live coinInfo.name (12) price chart
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    Polkadot Social Data

    In the last 24 hours, the social media sentiment score for Polkadot was 3, and the social media sentiment towards Polkadot price trend was Bullish. The overall Polkadot social media score was 70,031, which ranks 91 among all cryptocurrencies.

    According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Polkadot being mentioned with a frequency ratio of 0.09%, ranking 30 among all cryptocurrencies.

    In the last 24 hours, there were a total of 1,548 unique users discussing Polkadot, with a total of Polkadot mentions of 907. However, compared to the previous 24-hour period, the number of unique users increase by 12%, and the total number of mentions has increase by 26%.

    On Twitter, there were a total of 21 tweets mentioning Polkadot in the last 24 hours. Among them, 5% are bullish on Polkadot, 0% are bearish on Polkadot, and 95% are neutral on Polkadot.

    On Reddit, there were 18 posts mentioning Polkadot in the last 24 hours. Compared to the previous 24-hour period, the number of mentions increase by 6% .

    All social overview

    Average sentiment (24h)
    3
    Social media score (24h)
    70.03K(#91)
    Social contributors (24h)
    1.55K
    +12%
    Social media mentions (24h)
    907(#30)
    +26%
    Social media dominance (24h)
    0.09%
    X
    X posts (24h)
    21
    +200%
    X sentiment (24h)
    Bullish
    5%
    Neutral
    95%
    Bearish
    0%
    Reddit
    Reddit score (24h)
    9
    Reddit posts (24h)
    18
    +6%
    Reddit comments (24h)
    0
    0%

    How to buy Polkadot(DOT)

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    Convert Polkadot to DOT

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    Trade DOT perpetual futures

    After having successfully signed up on Bitget and purchased USDT or DOT tokens, you can start trading derivatives, including DOT futures and margin trading to increase your income.

    The current price of DOT is $3.53, with a 24h price change of +3.62%. Traders can profit by either going long or short onDOT futures.

    DOT futures trading guide

    Join DOT copy trading by following elite traders.

    After signing up on Bitget and successfully buying USDT or DOT tokens, you can also start copy trading by following elite traders.

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    1. Log in to your Bitget account.
    2. If you're new to Bitget, watch our tutorial on how to create an account.
    3. Hover over your profile icon, click on “Unverified”, and hit “Verify”.
    4. Choose your issuing country or region and ID type, and follow the instructions.
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    7. Submit your application, and voila, you've completed identity verification!
    Cryptocurrency investments, including buying Polkadot online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Polkadot, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Polkadot purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

    DOT to USD converter

    DOT
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    1 DOT = 3.53 USD
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    Polkadot ratings

    Average ratings from the community
    4.5
    102 ratings
    This content is for informational purposes only.

    Bitget Insights

    MR__Michael
    MR__Michael
    20h
    $SHIB $DOT buy these 2 tokens and hold for the next 2 months can give you 10x these tokens have the potential of high move in the upcoming days don't miss the opportunity buy and hold
    DOT-3.21%
    X-6.64%
    BGUSER-ASLPKDVB
    BGUSER-ASLPKDVB
    23h
    STO Coin's potential for shaping the future of passive income through staking is significant,
    considering the growing popularity of cryptocurrency staking. Staking allows individuals to support blockchain security and efficiency while earning rewards, typically in the form of interest or additional tokens. *How Staking Works* Staking involves locking up your cryptocurrency assets to participate in transaction validation on a blockchain network, usually those using Proof-of-Stake (PoS) consensus mechanisms. Validators are chosen to create new blocks and confirm transactions based on the number of tokens they've staked. The rewards are distributed according to factors like the amount staked, staking duration, and network conditions.¹ *Popular Staking Platforms and Coins* Some notable staking platforms and coins include: - *Ethereum 2.0*: Ethereum's transition to a PoS consensus mechanism allows users to stake their ETH to secure the network and earn rewards. - *Cardano (ADA)*: Cardano's PoS system offers a secure and scalable protocol, with users able to stake ADA and receive regular rewards. - *Polkadot (DOT)*: Polkadot's staking mechanism involves nominators and validators, enhancing network security and offering attractive staking rewards. - *Lido Finance*: A decentralized staking platform that allows users to stake assets like ETH, SOL, and DOT, while still utilizing them in DeFi applications. - *EigenLayer*: A platform that enables restaking, where users can stake their ETH across multiple services to increase potential rewards.² *Benefits and Risks of Staking* The benefits of staking include: - *Passive Income*: Earning rewards without actively trading. - *Network Security*: Supporting blockchain security and stability. - *Potential Appreciation*: Staked tokens may increase in value over time. However, staking also involves risks like: - *Lock-up Periods*: Staked tokens may be locked for a certain period, limiting liquidity. - *Price Volatility*: The value of staked tokens can fluctuate, impacting potential returns. - *Slashing Risks*: Validators can lose a portion of their staked tokens due to malicious behavior or network errors. *The Future of Staking* As the cryptocurrency landscape evolves, staking is likely to play a significant role in shaping the future of passive income. Innovations like restaking, liquid staking, and NFT integration are expanding the possibilities for stakers. With the growing adoption of decentralized finance (DeFi) and the increasing importance of sustainable and eco-friendly practices, staking is poised to become a key component of the cryptocurrency ecosystem.
    DOT-3.21%
    ETH-5.61%
    Trader5
    Trader5
    1d
    📈 $DOT/USDT – LONG Setup Triple bottom structure on the weekly timeframe indicating strong demand.
    📈 $DOT/USDT – LONG Setup Triple bottom structure on the weekly timeframe indicating strong demand. Historical moves from this support zone have produced +200% rallies. Current PA shows a rounded retest with a bullish setup forming — similar trajectory expected. Break of $4.60 will be the first key confirmation for acceleration upward. ✅ Entry Zone: $3.70 – $4.20 📍 Current Price: ~$3.92 🎯 Target (Cycle-Based): • TP1: $8.26 • TP2: $11.16 (Projected 195% move) 🔻 Stop Loss: $3.20 (below demand zone) 🔍 Technical Summary: $DOT
    DOT-3.21%
    MOVE-3.89%
    Anmol_Pari
    Anmol_Pari
    1d
    $DOT /USDT is currently in a strong downtrend after repeated lower highs at 5.269, 4.662, and 4.752.📈 The price broke down from a consolidation range and is now moving toward lower targets with momentum.🔥 Entry zone: 3.45 to 3.55 Stop loss: 3.75🫠 Take profit targets:🔥 TP1: 3.25 TP2: 3.00 The chart structure shows clear bearish continuation. Any pullback toward the entry zone could present a short opportunity if price fails to reclaim the broken support. A move above 3.75 would invalidate the setup.🔥🫠
    DOT-3.21%
    MOVE-3.89%
    CoinCodeCap
    CoinCodeCap
    1d
    🚨 $DOT Bearish Breakdown Alert ▪️ trend: Strong down across all timeframes ▪️ pattern: Support Breakout — price failed to hold $3.90 and made a new 52-week low 📊 key levels: ▪️ support: $3.00 ▪️ resistance: $5.00, then $6.50 📉 momentum: ▪️ rsi: Oversold (RSI < 30) — suggests possible bounce, but trend remains bearish 📌 strategy: ▪️ not a buy-the-dip zone yet unless reversal signs appear ▪️ breakdown traders might eye $3.00 next as target ▪️ risk of further downside if $3.00 fails to hold are you catching this falling knife or waiting for reversal signs? 👇 #DOT #Polkadot #Crypto #Altcoins #SupportBreakout #BearishTrend
    HOLD+5.55%
    DOT-3.21%

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