Interesting Facts about Polkadot

Modified on Sat, 18 Feb 2023 at 05:49 PM

  • Information from CoinGecko showed that Polkadot was in the top 10 ICO projects in 2017. Furthermore, on the 25th of August 2020, Polkadot was the 7th most valued digital asset globally.

  • Cryptoslate reported that the market share of DOT was as high as 3.5 billion dollars within just 6 days after trading started. The cause of the rally are: 1) Market is looking for a potential new dominating network, 2) Two of the biggest trading platforms: Binance and Kraken listed the token, and 3) Market is looking for the solution for scalability issue.

  • Spartan Black, one of the biggest cryptocurrency firms in South-East Asia, estimated that Polkadot has the potential to grow to be the top 3 biggest blockchain network in the world.

  • Polkadot has a testnet called Kusama. They share the same technology, but Kusama is built for developers who prefer speed on testing and development of applications.

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