• Advertise
  • Submit a Press Release
  • About Us
NewsBTC
Bitcoin & cryptocurrency news
Crypto.com Logo
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Play GamesTry
  • Play Casino GamesTry
  • Play FinanceTry
  • Claim 7 BTCTry
No Result
View All Result
Breaking News: Bitfinex And Crypto Bank OrionX Forged Partnership To Broaden Presence In Latin America
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Play GamesTry
  • Play Casino GamesTry
  • Play FinanceTry
  • Claim 7 BTCTry
No Result
View All Result
Bitcoin News
No Result
View All Result
Breaking News: Bitfinex And Crypto Bank OrionX Forged Partnership To Broaden Presence In Latin America
Polkadot

Polkadot Latest Update Fuels Anticipation Of Higher Price For DOT

Christian Encila by Christian Encila
2 weeks ago
in Cryptocurrency Market News
Reading Time: 4 mins read

Polkadot (DOT) may not have experienced the most exuberant price fluctuations in recent weeks, but the tides could soon shift as the network’s unwavering optimism translates into the success of its upcoming developments. 

In a recent Twitter post, Polkadot unveiled its weekly roundup, shedding light on the significant advancements within its ecosystem that hold the potential to transform the current bearish sentiment.

While the market may have been subdued in recent times, Polkadot’s unwavering commitment to innovation and progress sets the stage for a potential turnaround.

1/ Every Monday the #PolkadotRoundup brings you the very latest from the Polkadot ecosystem.

This week’s 🧵 is ready for you now. Read on for the key news and announcements from the many talented teams building in the Polkadot ecosystem. pic.twitter.com/dLiK5Rm2rF

— Polkadot (@Polkadot) May 15, 2023

The weekly roundup serves as a testament to the ongoing efforts and achievements within the Polkadot ecosystem, offering a glimpse into the developments that could reignite investor enthusiasm.

Related Reading: Shiba Inu Faces Tough Resistance, Risk Of Uncharted Lows – Here’s Why

Polkadot Highlights Integrations of the Week

In a new development for Polkadot’s NFT ecosystem, Astar Network has announced its collaboration with JR Kyushu, the largest rail network in Japan. Through this partnership, NFTs on Astar Network will offer unique memorabilia and “proof of riding” certificates to the 330 million individuals who ride the railway annually. 

🚊 The largest rail network in Japan, J.R. Kyushu, in partnering with P.R.O. Co. Ltd is a game-changer for NFT adoption in Japan! With 330 Million people riding the railway annually, the project can potentially reach massive adoption! 🌟

Read more below!https://t.co/PPTvQUOqyI pic.twitter.com/A4OtDd5ccV

— Astar, Future of Smart Contracts for Multichain (@AstarNetwork) May 12, 2023

Another noteworthy integration within Polkadot’s NFT ecosystem comes from Moonbeam, a parachain on the network. Moonbeam has recently integrated with Equilibrium, facilitating the inclusion of Multichain assets into the Equilibrium platform. 

Furthermore, this integration enables support for bridged assets originating from outside the Polkadot ecosystem. By bridging assets from various chains, Moonbeam and Equilibrium aim to enhance the interoperability and accessibility of NFTs, expanding the range of possibilities for users and creators alike.

DOT total market cap currently at $6.21 billion on the daily chart at TradingView.com

Increased NFT Trading Activity, SubsocialChain’s Wallet-Free Experience 

Over the past week, there has been a substantial surge in both the trade count and trade volume of NFTs within Polkadot’s ecosystem, painting an optimistic picture for the future of the NFT market on the network.

This uptick in activity indicates growing interest and participation in the Polkadot NFT space, suggesting a thriving marketplace for unique digital assets.

Related Reading: Power Play: Top 5 Cryptos Set To Ignite The Week With Decent Gains

Moreover, SubsocialChain, a platform built on Polkadot, has made significant strides in enhancing user experience. Users can now access and utilize apps on SubsocialChain without the need for a wallet, tokens, or constant confirmations. 

This streamlined approach simplifies the process for users, reducing barriers to entry and making it easier for individuals to engage with the vibrant Subsocial community.

DOT Poised for Potential Uptick Amid Recent Developments in Ecosystem 

Meanwhile, Polkadot’s price on CoinGecko hovers at $5.25, showing a modest 0.6% rally in the last 24 hours, while experiencing a slight 0.9% slump over the past seven days.

Source: Coingecko

These recent developments and integrations in the Polkadot ecosystem, coupled with the growing interest and participation in the NFT market, could fuel a potential price surge for the network’s native cryptocurrency, DOT. 

-Featured image from KMR IMAGES

Tags: altcoinsbtcusdDOT PriceethusdpolkadotPrice action
Tweet123Share196ShareSend
Christian Encila

Christian Encila

Christian is a former journalist and editor, as well as a layout design consultant, who previously held leadership positions at Sun.Star News Philippines and Ang Peryodiko News, a local daily in Manitoba, Canada. Alongside his passion for writing, he is an avid fan of cryptocurrency and works tirelessly throughout the week. When he's not on his computer, you can find him tinkering with his old motorbike as a grease monkey, or lounging on the patio hammock while pondering about artificial intelligence and whether he'll ever understand his cat's thoughts and calmness.

Related Posts

Bitcoin

Bitcoin Shows Recovery: Did This Historical Line Act As Support Again?

15 mins ago
Dogecoin

Dogecoin Bounces Off $0.070 Mark, Awaits Breakthrough of Crucial Hurdle

2 hours ago
Floki Inu

Floki Inu: Does Meme Coin Have What It Takes To Re-Enter Top 100 Spot?

3 hours ago
BTC bet – Top BTC casinos

BTC bet – Top BTC casinos

4 hours ago
Bitcoin Core

Bitcoin Core 25.0 Hits The Market: A Sneak Peek Into The Future

6 hours ago
Ethereum

Ethereum Correction: Key Level Break Can Shift Price Course

8 hours ago

Premium Partners

Play Finance

Top Casinos

BitStarz

BitStarz

Review · Visit
Punt Casino

Punt Casino

Review · Visit
Trust Dice

Trust Dice

Review · Visit
mBit

mBit

Review · Visit

Sportsbooks

1xBit

1xBit

Review · Visit

Press Releases

  • OpenAI crypto project Worldcoin raises $115M Tradecurve to...

    45 mins ago
  • TMS Network (TMSN) Exceeds Popular Meme Coin Rivals Shiba...

    3 hours ago
  • Traders Union published the list of Best Forex Brokers in...

    6 hours ago
  • Coinbase battles with SEC users are moving to Tradecurve

    7 hours ago
  • Cardano to hit 1$, Floki inu braces for price breakout and...

    7 hours ago

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

Company

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

© 2022 NewsBTC. All Rights Reserved.

  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
  • Claim 7 BTC

© 2022 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.