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Polkadot's Ecosystem Sees New Developments, But Market Indicators Remain Bearish on DOT

Polkadot's revenue and active addresses have decreased in the past week, but the blockchain's value has continued to increase. Market indicators suggest that DOT's price may drop further, as it has already declined by over 7% in the last week.

However, new developments in the Polkadot ecosystem, such as the integration of Sygma Bridge into SubBridge and the launch of the Gemini III Non-Incentivized Testnet, could help improve DOT's declining metrics. Despite the bearish market, Polkadot's TVL has been increasing for several months, indicating optimism for the blockchain's future.

Polkadot Polkadot $8.45
-1.64%
Polkadot revenue Blockchain
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