Polkadot price has rebounded this month, reaching a high of $4.65, its highest level since May 23rd. DOT token has jumped by about 50% from its lowest point this month, and it is likely that it will maintain the bull run, potentially to $7.3 in the near term.
Why the Polkadot Price is About to Surge
DOT price may continue rising this month as its ecosystem growth accelerates. Data shows that Hydration’s total value locked has gone parabolic and hit its all-time high this week. It has over $253 million in assets, up sharply from $53 million in June.
FIFA Rivals, a game on its platform, has become popular and is ranking high in IOS and Android devices. Its growth will likely accelerate in the coming months since it was launched recently.
Polkadot’s ecosystem growth will keep growing after the developers abandoned parachain auctions that were known for being highly expensive and…
