Polkadot Reveals JAM Upgrade
Polkadot introduces JAM upgrade and 10 million DOT prize pool to enhance network capabilities
“The JAM Implementer Prize is designed to promote this by funding and supporting projects that contribute to the development of JAM implementation from the ground up.”
Polkadot recently partnered with Phala Network to introduce the AI-Agent Contract aimed at incorporating artificial intelligence (AI) capabilities into the Web3 environment.
Technical analysis
![](https://public.bnbstatic.com/image/pgc/202404/b11d423b7b4ac9721d8f2a14328a9771.png)
DOT has suffered heavy losses in the latest cryptocurrency market crash, with its price plummeting 22% within seven days. Earlier this week, the asset fell below the $6 mark for the first time since December 2023, while currently it hovers at 6.30 U(CoinGecko).
However, some analysts are still certain that DOT will overcome the challenge and rise to witness new heights.
This is a personal opinion for reference only