Polkadot Price
Polkadot (DOT) is a multichain network built to let many specialised blockchains work together. It was founded by Gavin Wood, an Ethereum co-founder, and focuses on interoperability — connecting separate chains so they can share security and communicate.
Market data via Binance · signals computed live from daily closes · not financial advice.
Key market insights
A plain-language read of live indicators computed from daily closes — these describe current price behaviour, not a forecast.
Technical analysis
Moving averages, momentum and support/resistance from daily closing prices — a snapshot of current structure, not a forecast.
Historical performance
52-week high and low with trailing returns across time windows. Computed from up to 365 daily closes.
Automated observations
Generated mechanically from current market data (volatility, trend, distance from highs) — descriptive, not advice.
Strengths · tailwinds
- MACD is above its signal line — near-term momentum is upward.
Risks · headwinds
- Annualised volatility of 84% — large day-to-day swings.
- Price is below the 50-day average, which sits below the 200-day — a classic downtrend alignment.
- Trading 84% below its 52-week high — well off recent peaks.
Supply structure
Polkadot has no fixed maximum supply. Circulating supply is a curated estimate used to derive market cap.
Polkadot derivatives
Live perpetual-swap metrics. Funding is the periodic payment between longs and shorts; open interest is the total value of outstanding contracts. Informational — not a recommendation to trade leveraged products.
Source: Binance Futures · funding shown per 8h and annualised. Leveraged products carry high risk; informational only.
Convert Polkadot to US Dollar
Two-way DOT ↔ USD at the live Binance price. Type an amount in either field, or tap a preset.
About Polkadot
Polkadot (DOT) is a multichain network built to let many specialised blockchains work together. It was founded by Gavin Wood, an Ethereum co-founder, and focuses on interoperability — connecting separate chains so they can share security and communicate.
In Polkadot’s design, individual project chains historically connected to a central “relay chain” as parachains, inheriting shared security. DOT is used for staking, governance and bonding to secure connectivity within the network.
Polkadot’s ambition is technically significant but also complex, and adoption relative to that ambition is the key debate. It competes with other interoperability and layer-1 approaches. DOT is volatile like all crypto.
How Polkadot reaches consensus
StakeablePolkadot uses nominated proof of stake, where nominators back validators with their stake and share both rewards and slashing risk. Not mineable.
Polkadot vs peers
| Coin | Price | 24h | Market Cap |
|---|---|---|---|
| Polkadot DOT | $0.7720 | -2.16% | $1.16B |
| BNB BNB | $610.00 | -0.74% | $85.40B |
| XRP XRP | $1.00 | -1.63% | $58.27B |
| Solana SOL | $75.53 | -1.15% | $35.88B |
| TRON TRX | $0.3357 | +0.18% | $29.07B |
| Cardano ADA | $0.1820 | -2.47% | $6.46B |
Polkadot FAQ
What is Polkadot?
Polkadot is a multichain network designed to connect specialised blockchains so they can share security and communicate. Its token is DOT.
What is a parachain?
A parachain is a project-specific blockchain that connects to Polkadot’s network to benefit from shared security and interoperability.
What is DOT used for?
DOT is used for staking to secure the network, for governance voting, and for bonding to support connectivity within Polkadot.
Is Polkadot a good investment?
Cryptocurrency Miners does not give financial advice. DOT is volatile and adoption is still developing. Do your own research.
Where does Cryptocurrency Miners’s Polkadot price come from?
Live price, 24-hour change and volume come from Binance market data; market cap is the live price multiplied by a curated circulating-supply figure.