July 4 (Cointime) - Polkadot's funding and development activity declined in Q2, but market indicators suggest a potential uptrend for the token. Funding for Polkadot's R&D activity has increased since the last quarter of 2021, with Astar Network, Unique Network, and Darwinia receiving the most funding.

However, the blockchain's popularity and sentiment around DOT remained bearish in the last quarter, causing a decline in its price. Despite this, DOT's price action has turned bullish in the new quarter, with a rise in demand in the derivatives market and an increase in 4-week price volatility. The bulls seem to be stepping up their game, but the slight decrease in RSI may be a cause for concern.