๐Polkadot's on fire!๐ฅ Their new Join-Accumulate Machine (JAM) upgrade is set to replace the Relay Chain, making the network more stable and scalable.
- The JAM upgrade combines the best of Polkadot and Ethereum and supports existing parachains.
- To encourage development, they've launched a 10 million DOT prize. ๐
- They've also improved block validation efficiency with the Asynchronous Backing upgrade. Blocks are now produced twice as fast!
In other news, Polkadot's teamed up with the Founder Institute to launch the first Web3 cohort. This exciting chapter starts on May 28, led by Polkadot experts.
Despite a recent dip, DOT's future looks bright. Analysts predict new peaks, as long as it stays above the $6.90 resistance level.
What do you think? Is DOT a good investment right now? Share your thoughts below! ๐ #Polkadot #Web3 #DeFi