Polkadot (DOT) price summary
The live Polkadot price today is $1.14 (about ₹108.16), up 6.06% in the last 24 hours, with a 24-hour trading volume of $157.39M. Polkadot ranks #50 by market capitalisation at $1.95B, with 1,708,085,363 DOT in circulation out of a maximum supply of 2,100,000,000. Its all-time high was $54.98 on 4 November 2021, and it now trades 97.9% below that peak.
About Polkadot
Polkadot is a platform that allows diverse blockchains to transfer messages, including value, in a trust-free fashion; sharing their unique features while pooling their security. In brief, Polkadot is a scalable heterogeneous multi-chain technology.
Polkadot is heterogeneous because it is entirely flexible and makes no assumption about the nature or structure of the chains in the network. Even non-blockchain systems or data structures can become parachains if they fulfill a set of criteria.
Polkadot may be considered equivalent to a set of independent chains (e.g. a set containing Ethereum, Ethereum Classic, Namecoin and Bitcoin) except with important additions: pooled security and trust-free interchain transactability.
Many of the native parachains of Polkadot will be written using a Polkadot Runtime Environment SDK (e.g. Parity Technologies' Substrate).
Official links
Website ↗Whitepaper ↗Explorer ↗GitHub ↗
Market data & description: CoinGecko. Chart & technical rating: TradingView.