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Polkadot's Open Interest Declines, Suggesting Possible Trend Reversal

June 20 (Cointime) - Polkadot's Open Interest has decreased, indicating a possible trend reversal. Despite high development activity and network activity, DOT's 24-hour chart showed a decline. Polkadot ranks second to Ethereum in terms of weekly code commits, according to Polkadot Insider.

Polkadot's TVL remained stable, but its staking ecosystem experienced a recent decline. DOT's price has also declined, but there are indications of a possible bullish trend reversal.

Ethereum Ethereum $3,328.80
-2.94%
Polkadot Ethereum
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