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Polkadot [DOT] manages to outperform other cryptocurrencies in this area

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Polkadot witnessed massive growth in terms of revenue, and even stakers showed huge interest. However, DOT’s price continued to decline. Despite the bearish sentiment plaguing the crypto market, Polkadot managed to register an increase in revenue. It outperformed other cryptocurrencies such as Polygon and Solana in this regard. Read Polkadot’s Price Prediction 2023-2024 According to […]

’s growing number of stakers came as a surprise to DOT’s long-term investors. According to data provided by Staking Rewards, the number of stakers on the network grew by 15.42% in the last 30 days.

According to SUBSCAN’s data, out of the 568.941 million DOT staked, 99.6% of the DOT was staked by nominators. The rest of the 0.3% of the DOT was staked by validators.Besides, the daily transfer amount on the Polkadot network increased. From SUBSCAN’s data it can be observed that over the past few days, there was a massive spike in terms of the amount of DOT which was being transferred.

 

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