Polkadot $DOT Sees 10% Gain, Nears $5 Mark
After a steady climb, Polkadot's price has increased by 10% and is approaching the $5 mark. This surge follows a multi-year low of $3.61, with buyers driving the price up since last Friday.
Key highlights:
- $DOT gained 2.05% on Monday, reaching $4.48
- Broke above the 20-day SMA with a 3.32% increase on Wednesday
- Briefly surpassed the $5 mark on Saturday, closing at $4.98
- Currently trading at $4.87, down 2.71% in the current session
Polkadot's July recap shows significant updates, including:
- Highest level of OpenGov Referenda this year
- Increased activity on GigHub, with 29,917 repositories in the ecosystem
- Introduction of two new APIs
