Close Menu
AsiaTokenFundAsiaTokenFund
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
What's Hot

Ripple CEO Sounds Alarm: If You’re An XRP Investor, You Should See This

July 26, 2025

Chainlink Ignites Bullish Momentum As BTC Dominance Slips—Breakout Brewing?

July 26, 2025

BlockDAG’s $0.0016 Surprise Puts It Ahead of XLM, DOGE & SHIB: Best Altcoins to Buy Now Revealed

July 26, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) YouTube LinkedIn
AsiaTokenFundAsiaTokenFund
ATF Capital
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
AsiaTokenFundAsiaTokenFund

13 Reasons Why Polkadot Is Dead

0
By on June 28, 2025 Altcoin, Bitcoin, Regulations, Trading, Web3
Share
Facebook Twitter LinkedIn Pinterest Email

The post 13 Reasons Why Polkadot Is Dead appeared first on Coinpedia Fintech News

It raised millions, promised a Web3 revolution, and launched one of the most advanced blockchain systems ever built. But where is Polkadot now?

Crypto trader and analyst Nonzee (@0xNonceSense) just dropped a thread on X that’s making waves. It’s a 13-point postmortem on why Polkadot is fading fast.

“Polkadot is dead. Raised $500M. Promised a revolution. Now? No users. No devs. No future.”

Harsh? Yes. But the thread dives deep into how one of the biggest names in crypto lost momentum and why even brilliant tech doesn’t always survive.

Join us as we break it down. 

It Started With Massive Hype

Back in 2017, Polkadot raised $144M in its ICO in minutes. Another $43M came through later rounds. By 2021, it looked unstoppable. DOT hit $55. Its market cap pushed $50 billion.

Everyone was calling it the next big thing, in fact it was called the Ethereum killer. And with parachains, shared security, and advanced design, it looked like the future of Web3.

But Users Never Came

Despite the tech, Polkadot struggled to get real users.

“No killer app, no sticky users,” Nonzee wrote.

Parachains launched, but none took off. The network stayed empty. By 2025, total daily users across all chains had dropped below 5,000.

Developers Left Too

Building on Polkadot wasn’t easy. It used Rust and Substrate – powerful tools, but hard to learn. Compared to Ethereum’s dev-friendly ecosystem, it felt like work. Devs slowly moved on.

In 2022, Polkadot had around 2,400 active devs. By 2024, that number had nearly halved.

Parachain Auctions Backfired

Locking DOT for two years to win a parachain slot? It sounded innovative but it drained momentum and locked up capital.

Projects slowed down. Users pulled back. It was too complex to keep up energy and growth.

Governance Got Messy

Polkadot had a bold vision for on-chain governance. But according to Nonzee, it ended up controlled by whales. In 2024 alone, over $129M from the treasury was spent with little to show.

Voter turnout dropped. So did trust.

Tech Upgrades Came But No One Noticed

Polkadot 2.0 launched with big improvements: faster consensus, agile scheduling, better scalability. But it was too late.

“It was fast. Scalable. Efficient. But the world had already moved on.”

What’s Left Today?

The architecture still works. Shared security. Interchain messaging. It’s all still there but barely anyone’s using it.

DOT trades under $5. Most of the hype is gone. As Nonzee puts it:

“Polkadot proves tech doesn’t equal traction.”

A tough truth in crypto: building great systems isn’t enough. Without users, narrative, and momentum – even the best chains may not survive.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ripple CEO Sounds Alarm: If You’re An XRP Investor, You Should See This

July 26, 2025

Chainlink Ignites Bullish Momentum As BTC Dominance Slips—Breakout Brewing?

July 26, 2025

Finding The Next Pepe Coin – What Cryptos Might Have The 10,000x Factor?

July 26, 2025
Leave A Reply Cancel Reply

What's New Here!

Ripple CEO Sounds Alarm: If You’re An XRP Investor, You Should See This

July 26, 2025

Chainlink Ignites Bullish Momentum As BTC Dominance Slips—Breakout Brewing?

July 26, 2025

BlockDAG’s $0.0016 Surprise Puts It Ahead of XLM, DOGE & SHIB: Best Altcoins to Buy Now Revealed

July 26, 2025

Finding The Next Pepe Coin – What Cryptos Might Have The 10,000x Factor?

July 26, 2025
AsiaTokenFund
Facebook X (Twitter) LinkedIn YouTube
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
© 2025 asiatokenfund.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.