Polkadot ($DOT ) achieves high levels of scalability and flexibility using its unique layer-0 meta-protocol. Through this protocol, Polkadot is able to process transactions in parallel on multiple chains and allows users to develop custom blockchains that can be connected through the Substrate framework.

Polkadot is a shared, open-source multi-chain platform that expands interoperability across multiple blockchains. It supports cross-chain asset and data transfers, driving the development of a decentralized internet called Web3. In addition, Polkadot's superior upgradability enables users to automatically update their assets and data without forking.

Polkadot's Decentralized Autonomous Organization (DAO) has voted to create a bridge connecting the Polkadot and Cardano networks. This collaborative project aims to solve the interoperability issues prevalent in the crypto market. The announcement has received a positive response from the Polkadot community.

As of today, $DOT is trading at $6.35, up 1.2% in the past 24 hours. The coin’s 14-day relative strength index (RSI) is 50.9, showing that its market may be in a sideways phase. In addition, DOT is trading above its 200-day simple moving average and has been trending up for 20 of the past 30 days.