Polkadot is proposing to increase the number of validators on its network in order to address declining activity and revenue. Despite these challenges, the network's real yield index remains strong and has attracted increased stakers. The proposed increase in validators is a carefully considered measure that is expected to enhance the network's governance structure without compromising security. However, Polkadot has encountered difficulties on the social front, with a decline in social activity and engagement, as well as a drop in the price and trading volume of DOT tokens.