Polkadot (DOT) Price Prediction 2025-2030: DOT’s price action sees more misery

ambcrypto.com:

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject.

The price action of Polkadot (DOT) has been on a bearish trajectory for the last two weeks. This, despite Polkadot’s strong development activity. The 12th largest crypto in the market, the altcoin was way past its key support level around the $5.65-price range.

At the time of writing, Polkadot (DOT) was trading around the $5.52-mark, following a fall of over 9% on the price charts on the weekly front. In fact, the prevailing market FUD may push the price down even further, wiping out more of its year-to-date gains. 

Read Price Prediction for Polkadot [DOT] for 2023-24

In a blog post published on 26 September 2022, the Polkadot team provided updates on their Roadmap Roundup.

The post described the Asynchronous Backing which aims to accomplish three things: reduce the duration of parachain blocks to six seconds, increase the amount of block space available to each block by a factor of 5-10, and allow parachain blocks to be reused when they don’t make it onto the relay chain on the first try.

The same is just more evidence of the consistent level of development activity around the project. For instance, on 21 November, Bifrost announced liquid staking via a Polkadot blockchain on Twitter.

The transactions per second (TPS) capacity of the network is also expected to increase in aggregate to 100,000-1,000,000, thanks to the update.

Prior to its launch, the Polkadot project had raised over $144.3 million through the Web3 Foundation in an ICO itself in October 2017. DOT was trading at $6.30 in August 2020 and kept oscillating between $4 and $5 throughout the