Polkadot (DOT) has been one of the worst-performing large-cap cryptocurrencies in 2024, but there are signs of a strong rebound in 2025. Despite the underperformance, the Polkadot network has seen successful ecosystem launches, such as a decentralized exchange and a digital collectible card game. On-chain data also shows a rise in the number of transactions on Polkadot, signaling robust activity. Polkadot offers one of the highest staking yields among major cryptocurrencies, which could support a price rebound. The daily chart indicates a pullback in DOT price, but it remains above key moving averages and has formed bullish chart patterns, suggesting a potential breakout and a significant increase in price.
- Content Editor ( crypto.news )
- 2024-12-31
Polkadot price may wake up in 2025 as a rare chart pattern forms