Polkadot is a scalable blockchain platform focusing on interoperability, secure upgrades, and connects multiple blockchains for various applications across sectors.
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Polkadot is an innovative blockchain protocol that launched its mainnet in May 2020. Its native token is DOT. The project was initiated in 2017 by Gavin Wood, former CTO of Ethereum. The concept was inspired by the desire to create a more developer-friendly version of Ethereum, enhancing interoperability, scalability, and solving issues related to sharding. DOT began trading in August 2020, shortly after the ecosystem was launched. Funded by the Web3 Foundation, which aims to promote a decentralized web, Polkadot operates in a decentralized manner, emphasizing trustlessness so third parties are unnecessary for transactions or private data storage. **What are the key features of DOT and how does it operate?** Polkadot primarily focuses on enabling interoperability between specialized block...
As of now, Polkadot is trading at 5.106 USD, with a 24-hour trading volume of approximately 27.83M USD. The DOT to USD price is updated in real time. Over the past 24 hours, Polkadot has increased by 1.77%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 8.03B USD. Currently, there are 1 572 970 514.026994 DOT in circulation out of a maximum supply of 1 572 970 514.026994 DOT.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
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