Will Polkadot’s [DOT] development activity be enough for the ecosystem? Assessing…
Token Terminal revealed that Polkadot’s [DOT] trading volume was on a constant decline, which was a negative signal. However, in terms of the number of developers, DOT has consistently outperformed its competition, with the figure increasing since its inception. But will DOT’s development activity be enough to maintain the overall health of the blockchain?
<p lang=«en» dir=«ltr» xml:lang=«en»>Active core developers on @Polkadot & DOT trading volume: pic.twitter.com/3ZlJ29NQqC— Token Terminal (@tokenterminal) February 13, 2023
Read Polkadot’s [DOT] Price Prediction 2023-24
Polkadot Insider posted the ecosystem’s weekly report on 13 February, which highlighted several new statistics about the network. For instance, despite the decline in trading volume over the past months, DOT’s revenue registered an uptick in the last week as it spiked on 10 February. The report also mentioned that DOT’s staking value exceeded $598 million and its inflation rate was 70.17%.
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