The post Polkadot Records 33% Transaction Growth As DOT Hits Seven-Month Low appeared first on Coinpedia Fintech News
Polkadot’s ecosystem remains strong despite recent market downturns that briefly pushed DOT’s value to a seven-month low. While there is a 33% month-on-month increase in transactions within Polkadot’s ecosystem, rising to 16 million in June from 12 million in May, and Polkadot’s open governance platform, OpenGov’s 66% month-on-month increase in proposals, DOT’s price has struggled considerably amid the broader market trend. DOT fell to a seven-month low of $4.98 due to the bearish market situation. However, it has slightly recovered to $5.79 as of press time.
