Latest news with #Polkadot
Yahoo
a day ago
- Business
- Yahoo
Polkadot's DOT Drops as Much as 5% After Failed Breakout Triggers Selling Wave
Polkadot DOT encountered substantial selling pressure, dropping as much as 5% before rebounding and potentially forming a double bottom pattern that points to continued upward movement, according to CoinDesk Research's technical analysis model. After initially attempting to establish an uptrend with a peak at $3.787, DOT encountered strong resistance and formed a bearish reversal pattern, according to the model. In recent trading, DOT was 2.6% lower over 24 hours, trading around $3.63 having found support at $3.59. The broader market gauge, the CoinDesk 20, was down 0.5% at publication time. The price action shows a potential double bottom pattern forming with improving momentum, suggesting further upside if it maintains support above the $3.62 price level, the model showed. Technical Analysis: DOT experienced a volatile 24-hour period with a substantial range of 0.193 (5.1%), initially attempting to establish an uptrend with a peak at $3.787 before encountering strong resistance. The price action formed a bearish reversal pattern as DOT failed to hold above the $3.75 level, followed by accelerated selling on high volume during the 10:00 and 13:00 hours when volume spiked to nearly 4 million units — well above the 24-hour average. Support emerged at $3.594, though the current price structure suggests further downside risk as DOT closed near session lows with weakening momentum indicators. In the last hour, DOT experienced significant volatility with a sharp decline from $3.643 to a low of $3.594, followed by a recovery attempt. The price found strong support at the $3.594 level, triggering a V-shaped recovery that pushed DOT up by 1.3% to $3.642. The recent price action forms a potential double bottom pattern with improving momentum, suggesting the possibility of continued upward movement if DOT can maintain support above the $3.62 level. Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Arabian Post
a day ago
- Business
- Arabian Post
Bitcoin Solaris Set to Eclipse Polkadot's Growth Trajectory
Bitcoin Solaris is gaining rapid momentum, positioning itself as a potential outperformer of Polkadot's early expansion. Analysts and on‑chain metrics highlight growth indicators that not only replicate Polkadot's debut phase but in several cases significantly surpass it. Market observers attribute this shift to Solaris's mobile‑first mining approach, hybrid consensus architecture, and aggressive presale execution. Polkadot established its reputation through multi‑chain interoperability and shared security via parachains—a design emphasising developer adoption over mainstream user engagement. In contrast, Bitcoin Solaris is scaling through mass inclusivity. Its Solaris Nova app enables users to mine with everyday smartphones or PCs, eliminating the need for costly ASICs or complex infrastructure—barriers that still restrict Polkadot validator participation. This strategy has sparked an influx of retail interest, including among existing Polkadot investors turning to BTC‑S presale phases in search of higher short‑term returns. Solaris's roadmap reflects an ambition to execute where Polkadot encountered slowdowns. From launching testnet and mobile wallet in early 2026 to a full mainnet and exchange listings by late 2026, the timeline is concrete and time‑bound. In contrast, Polkadot's parachain roll‑out, while pioneering, has been criticised for complexity and slower-than-expected mainstream uptake. ADVERTISEMENT Technically, Solaris combines foundational Proof‑of‑Work for security with Delegated Proof‑of‑Stake for instant transactions and smart contracts. Its target throughput—10,000 to 100,000 TPS with finality in as little as two seconds—edges ahead of both Polkadot and competing layer‑1 networks. Validators rotate daily to enhance decentralisation, and its Helios security layer brings protocol-level safeguards comparable with Bitcoin's scarcity model and Solana's performance. Energy consumption is also a focal point. Solaris claims 99%+ savings in power usage compared with legacy mining operations. With escalating scrutiny of crypto's environmental impact, that low‑energy design resonates with both regulators and eco‑conscious investors. The presale narrative underscores urgency. Currently in mid‑phases, token pricing has ranged from US $2–8, with anticipated exchange‑launch pricing plateauing near US $20. This structure has already attracted over US $4–5 million in capital, and presale bonuses approach 12–14% per phase. Comparisons to Bitcoin's early growth phase are emerging. Financial analysts argue that Bitcoin Solaris's fixed supply, mobile mining model, and early‑stage presale echo crypto's 2013 dynamics. Even modest investments—US $1,000 today—are being framed as having potential to outperform multi‑thousand‑dollar Bitcoin buys over a similar timeframe. However, such enthusiasm is not without admonitions. As a relatively new protocol, Solaris remains in development, with adoption hinging upon mainstream acceptance of the Nova app, audit outcomes, smart contract integrity, and exchange listings. Polkadot's longevity and proven ecosystem via robust parachain deployment stand as a counterpoint—Solaris must demonstrate resilience under live load. The academic and developer communities have taken note of Polkadot's strengths—shared security via NPoS consensus, governance frameworks, and scholarly analysis of its sharding mechanisms. Yet critiques surrounding complexity, validator cost thresholds, and centralisation risks persist. By contrast, Solaris is proactively targeting those criticisms with user‑centric design, streamlined entry, and full audit transparency. Early data from presale participants suggests substantial uptake. West African and Southeast Asian communities—traditionally underrepresented in high‑end mining—are increasingly engaging through mobile mining accessibility. While precise regional figures are opaque, anecdotal evidence and community growth metrics from Solaris's Telegram and X channels point to significant global traction. Institutional interest remains unsubstantiated. Vertex Ventures and other blockchain‑focused funds have yet to announce allocations. Solaris's validation remains retail‑driven, though its governance plan includes institutional play in later roadmap phases. By contrast, Polkadot has cultivated grants via Web3 Foundation and tapped institutional bonds for parachain funding. As of now, the crypto community stands at a divergence point. One path reflects Polkadot's methodical but slower‑burn strategy, centred on developer utilisation and cross‑chain infrastructure. The other is a sprint toward inclusion, speed, and mobile participation via Bitcoin Solaris.
Associated Press
a day ago
- Business
- Associated Press
zerohash Expands Blockchain Ecosystem with Polkadot Integration
Chicago, June 19, 2025 - zerohash , the leading crypto and stablecoin infrastructure platform, today announced full deposit and withdrawal support for DOT as well as USDC, and USDT on the Polkadot blockchain. This includes integration with Polkadot's Asset Hub , a purpose-built parachain for stablecoins and other fungible assets. Polkadot is a modular Layer 0 blockchain that enables secure, scalable interoperability across a network of independent rollups. With one of the most active developer ecosystems and a large on-chain treasury, Polkadot supports cross-chain applications spanning DeFi, payments, and asset tokenization. zerohash has also added support for DOT staking and validator participation to help secure the network.* 'We've created a simple integration for developers and the Polkadot ecosystem,' said Edward Woodford, CEO and Founder of zerohash. 'zerohash provides the easiest pathway for platforms to launch on-chain products within the Polkadot ecosystem without needing to manage blockchain infrastructure, validator operations, or regulatory licensing. This reflects our continued focus on enabling cross-chain interoperability and broad accessibility in the evolving crypto and stablecoin landscape.' 'As the Polkadot ecosystem continues to strengthen its position as the leading Web3 platform for stablecoins, partnering with zerohash was a natural fit,' said Nicolas Arevalo, CEO of Velocity Labs. 'zerohash is a recognized leader in stablecoin infrastructure, and we're excited to collaborate with their team and their customer base to unlock novel and impactful stablecoin use cases on Polkadot.' About Polkadot Polkadot is the powerful, secure core of Web3, providing a shared foundation that unites some of the world's most transformative apps and blockchains. Polkadot offers advanced modular architecture that allows devs to easily design and build their own specialized blockchain projects, pooled security that ensures the same high standard for secure block production across all connected chains and apps connected to it, and robust governance that ensures a transparent system where everyone has say in shaping the blockchain ecosystem for growth and sustainability. With Polkadot, users are not just participants, they're co-creators with the power to shape its future About zerohash zerohash is the leading infrastructure provider for crypto, stablecoin, and tokenized assets. Its API and embeddable dev-kit enables innovators to easily launch solutions across cross-border payments, commerce, trading, remittance, payroll, tokenization and on/off-ramps. zerohash powers solutions for some of the largest and innovative companies including Interactive Brokers, Stripe, Shift4, Franklin Templeton, Felix Pago, Kalshi and LightSpark. zerohash Holdings is backed by investors, including Point72 Ventures, Bain Capital Ventures, and NYCA. In the United States, zerohash LLC is a FinCen-registered Money Service Business and a regulated Money Transmitter that can operate in 51 U.S. jurisdictions. zerohash LLC and zerohash Liquidity Services LLC are licensed to engage in virtual currency business activity by the New York State Department of Financial Services. zerohash Trust Company LLC has been approved by the North Carolina Commissioner of Banks as a non-depository trust company. For information about our global regulatory footprint, including our Argentinian registrations, see here. zerohash Disclosures The zerohash services and product offerings may not be available in all jurisdictions, including in the State of New York. Crypto and stablecoin holdings held in zerohash accounts are not subject to FDIC or SIPC protections in the U.S., or any such equivalent protections that may exist outside of the U.S. zerohash's technical support and enablement of any asset is not an endorsement of such asset and is not a recommendation to buy, sell, or hold any crypto asset. The value of any cryptocurrency, including digital assets pegged to fiat currency, commodities, or any other asset, may go to zero. *Staking services are not available to New York customers. Learn more by visiting or following us on X @ZeroHashX Media Contacts zerohash Shaun O'Keeffe (855) 744-7333 [email protected]
Business Insider
5 days ago
- Business
- Business Insider
Charles Hoskinson Wants to Swap $100M in ADA for Bitcoin & More
Here we go again. Hot on the heels of Polkadot's proposal to diversify into Bitcoin, Cardano (ADA-USD) co-founder Charles Hoskinson just floated his own $100 million crypto chess move. The idea? Convert a chunk of ADA treasury into Bitcoin and stablecoin, and inject real liquidity into Cardano's DeFi ecosystem, where stablecoin adoption and user activity still lag far behind rivals like Solana (SOL-USD). Confident Investing Starts Here: Hoskinson pitched the plan on a livestream, suggesting that $100 million worth of ADA be swapped into a mix of Bitcoin, USDM, and USDA. The goal is bold: supercharge Cardano's DeFi scene by pumping up stablecoin activity and kickstarting Bitcoin DeFi on the network. While it echoes Polkadot's recent strategic reserve idea, the Cardano twist adds fuel to an already simmering internal debate. Because not everyone's on board. Hoskinson Defends the Sale, Blasts Critics Critics immediately flagged the risk of market impact. But Hoskinson wasn't having it. He dismissed the concern as noise from 'inexperienced' voices. Liquidity, he claimed, isn't a problem. 'This wouldn't cause any problems at all,' Hoskinson said, adding that ADA's depth and trading volume can absorb the move. That may be true in theory. But a $100 million offload, even via a slow DCA strategy, still raises questions in a market where sentiment can turn on a dime. Stablecoins Are 'Killing Cardano,' Says Hoskinson In a post on X, Hoskinson got blunt: Cardano's lagging DeFi and stablecoin footprint is 'killing' the network. Currently, only about 10% of Cardano's $356 million total value locked (TVL) is in stablecoins. Compare that to Solana's $9.8 billion TVL and $11 billion in stablecoins, and the contrast stings. Hoskinson wants to push that ratio to 30%–40%. He believes the proposed swap would unlock 'non-inflationary revenue' and establish Cardano as a serious DeFi player, not just a speculative token. Internal Split Deepens as Gregaard Stays Cautious But not everyone at Cardano agrees on the path forward. Frederik Gregaard, CEO of the Cardano Foundation, previously downplayed the importance of TVL as a metric for adoption. He's taken a more cautious, infrastructure-first view of Cardano's future, one that doesn't rely on flashy capital moves. Hoskinson's proposal seems to throw that playbook out the window. It's not just a bet on assets, but a bet on an entirely new pace for Cardano growth. What's Happening with ADA? While prices haven't cratered on the news, the market isn't exactly cheering either. Traders seem to be waiting to see whether the proposal actually makes it to a governance vote—and how it's structured. The method, if adopted, would likely involve dollar-cost averaging over a long period to avoid price shock. But as with Polkadot, the broader impact may be psychological: is this the moment when altcoin projects quietly admit that Bitcoin is the safer bet? This Could Be a Turning Point for Cardano If the $100 million swap goes through, it would mark the biggest capital shift in Cardano's history. It signals urgency, a recognition that without a thriving DeFi and stablecoin ecosystem, ADA risks getting left behind. More than a treasury move, it's a philosophical change. Less narrative, more numbers. Less ideology, more interoperability. Whether the community embraces that reality or fights it, the next chapter for Cardano is already being written—in Bitcoin. At the time of writing, ADA is sitting at $0.64.
Yahoo
13-06-2025
- Business
- Yahoo
Should You Buy Polkadot While It's Under $5?
Polkadot is aiming to power the next generation of Web3 applications. The JAM upgrade will make Polkadot more flexible and developer-friendly, paving the way toward full-fledged Web3 apps and services. Web3 could disrupt giants like Meta Platforms, Alphabet, and Netflix in the future. 10 stocks we like better than Polkadot › The Polkadot (CRYPTO: DOT) cryptocurrency is going through some pretty exciting changes these days. The Web3 Foundation's official crypto coin is becoming a distributed supercomputer, ready to provide a wide variety of apps and services. Yet, the coin price keeps falling. Should you pick up a few Polkadot coins while they're available for less than $5 apiece? I think that's a good idea, and here's why. First things first. Polkadot was designed to support a Web3 future. The social networks and paywalls of the Web2 world were unstoppable over the last 20 years. These days, a lot of web users are getting tired of this aging structure, looking around for new ideas. The Web3 idea is one alternative, bringing more personal freedom and giving content creators more control over their creations. In this system, gigantic hubs of advertising and social media connections are replaced by decentralized services. And Polkadot's app-building ecosystem provides a handy platform to get all the Web3 ideas done in the real world. It's still a futuristic ideology with just a handful of early success stories. But in the long run, Web3 apps could take over your online community connections, your day-to-day financial management processes, and your favorite channels for text, video, and audio infotainment. The tools won't even run in the centrally managed cloud you know and love today, but in a new global network of blockchain-based systems. When tweaked just right, the crypto world's smart contracts can run any kind of program and perform all sorts of services. And that's what Polkadot is doing, with the help of many other cryptocurrency systems. So far, Polkadot is mostly known for its ability to interact with other blockchain networks. This coin's smart contracts can tap into Bitcoin's (CRYPTO: BTC) monetary value storage, Ethereum's (CRYPTO: ETH) sophisticated contracts, and Chainlink's (CRYPTO: LINK) real-world data reports, just to name a few. It's also known as a complicated and cumbersome system, but that's changing in 2025. Polkadot's central blockchain will soon be replaced by a more flexible and standards-based system known as JAM (the Joint-Accumulate Machine, if you're curious). This is actually a virtual machine in the blockchain universe. It can compile and run any code for bog-standard central processors, because it's a software-driven and full-featured RISC-V processor. For example, Polkadot co-founder Gavin Wood has made it a habit to show off old-school computer games running on a test version of JAM. His personal laptop is good enough to make that work, but the full JAM upgrade will run on hundreds of server-class computers around the world. Imagine what this on-demand supercomputer can do for the Web3 vision. JAM is coming up, probably in the second half of 2025. It won't cause an immediate frenzy in the Polkadot community, because it takes time for people to use new tools. Then the tools must create useful apps, which in turn need to find a target audience of actual users. So it's not a magic wand that will make Polkadot's developer community's dreams come true in a heartbeat, and it won't lift Polkadot's usage-based coin price right away. But this is a much-needed step toward a true Web3 version of the online world. In the long run, I expect Web3 alternatives to disrupt the online experience as you know it today. Web2 leaders such as Meta Platforms (NASDAQ: META), Spotify (NYSE: SPOT), and TikTok will either join the Web3 revolution or put up roadblocks instead. I can't wait to see how true innovators like Netflix (NASDAQ: NFLX) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) will find their place in the Web3 era. I could be wrong, of course. Web2 may stick around for another decade or two, as the current leaders focus on protecting the old social media world. Other cryptocurrencies can also support Web3-worthy apps, though they'll need to overcome Polkadot's built-in advantages first. So I'm not betting the proverbial farm on Polkadot coins. I simply recommend any investor who agrees with the Web3 project's ideas to pick up a few Polkadot coins while they're cheap. This cryptocurrency is only worth $6.6 billion today, which is a far cry from the trillion-dollar titans you see ruling today's Web2 structure. The coin price could multiply by 10 or 100 and still look small next to Meta and Alphabet. In short, Polkadot can be a big long-term winner even if it never matches the Magnificent 7 group's trillion-dollar market caps. I think that's worth a modest position in your long-term crypto portfolio. Before you buy stock in Polkadot, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Polkadot wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $657,871!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $875,479!* Now, it's worth noting Stock Advisor's total average return is 998% — a market-crushing outperformance compared to 174% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Anders Bylund has positions in Alphabet, Bitcoin, Chainlink, Ethereum, Netflix, and Polkadot. The Motley Fool has positions in and recommends Alphabet, Bitcoin, Chainlink, Ethereum, Meta Platforms, Netflix, and Spotify Technology. The Motley Fool has a disclosure policy. Should You Buy Polkadot While It's Under $5? was originally published by The Motley Fool
