Polkadot ($DOT) has experienced significant volatility in recent weeks. The cryptocurrency saw a notable decline, with its value dropping to a low of $4.94. However, it has since shown resilience, recovering to $6.24. This recovery suggests a potential stabilization in the market, although future trends remain uncertain. Investors and stakeholders in the blockchain space will be closely monitoring $DOT's performance to gauge its long-term viability and potential impacts on the broader cryptocurrency ecosystem.