Latest news with #Polkadot
Associated Press
3 days ago
- Business
- Associated Press
Nova Wallet Partners with Mercuryo to Launch First Polkadot Mastercard Debit Card
June 3, 2025 - Berlin, Germany - Nova Wallet has collaborated with Mercuryo, Quicko, and Mastercard to launch the first debit card for the Polkadot ecosystem. It was designed to give customers the ability to pay with their crypto assets for everyday purchases. With the Nova x Mercuryo Mastercard Debit Card, users can top up their cards using Polkadot (DOT) tokens, providing a unique way of spending for everyday purchases using DOT tokens that are converted into fiat. Key Features of the Polkadot Debit Card Spending Limits For the sake of responsible spending, the debit card has the following limits applied: In partnership with Mastercard and Mercuryo , Nova is committed to providing a secure and efficient payment solution that meets the needs of modern users. This is a huge milestone for the Polkadot ecosystem, and adds a brand new way for everyone to interact with their DOT tokens. The debit card is issued by Quicko, ensuring a secure and reliable experience. This collaboration marks a significant step forward in increasing Polkadot's adoption worldwide. For more information about the Nova x Mercuryo debit card and how it can enhance your financial experience, please visit . Media Contact: Lina Lonskaya, Marketing Manager Nova Wallet - [email protected] ### About Novasama Technologies Behind the integration of the Nova x Mercuryo debit card is Novasama Technologies , a Singapore-based company established in 2022. Novasama specializes in building high-quality, community-oriented applications for the Polkadot and Kusama ecosystems. With a focus on innovative financial solutions, Novasama is dedicated to enhancing user experiences in the digital finance landscape. The company's commitment to developing cutting-edge applications positions it as a leader in Web3 technology. 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.
Yahoo
30-05-2025
- Business
- Yahoo
ATOM Faces High Volatility Amid Notable Price Swings
ATOM saw significant volatility with prices ranging from a high of $4.848 to a low of $4.413. Over the past two hours, fluctuations were observed with peaks at $4.492 and troughs at $4.454. Geopolitical tensions and evolving trade policies influenced ATOM's performance, impacting broader financial markets and cryptocurrency valuations alike. Increasing interest in ATOM and other cryptocurrencies like Avalanche and Polkadot reflect potential June gains, underlined by volume surges and strategic blockchain integrations. In recent observations, ATOM experienced substantial volatility with its price oscillating between highs and lows in a dynamic market setting. A notable price range of $0.435, representing a 9% change, indicates turbulent trading conditions. Significant market activity, especially observed on May 30 with a volume spike to 3.05 million, contrasts with a broader trend of decline in volume, suggesting heightened but selective market interest. This uptick coincides with geopolitical tensions, which not only influence trade policies but also hold sway over inflation and monetary policy decisions. Such macro-level factors present a complex net of influences that investors must navigate. Additionally, microeconomic elements such as burgeoning interest in blockchain-based cryptocurrencies hint at potential breakout performances for ATOM, along with AVAX and DOT. Price range observed: $4.848 (high) to $4.413 (low). - Support level identified around $4.67 with resistance at $4.84. Recent short-term support near $4.45 and resistance at $4.48. Volume surge noted at 3.05 million on May 30, indicating potential market interest. Sign in to access your portfolio
Yahoo
30-05-2025
- Business
- Yahoo
Polkadot Price Prediction - What could affect DOT's future price?
Polkadot price prediction hinges on network upgrades, ecosystem growth, and broader market trends. While mixed signals persist, cautious optimism remains. 1. Upcoming tech upgrades like Elastic Scaling and JAM protocol may boost utility. 2. High staking rates (55% of supply) reduce sell pressure but limit liquidity. 3. Regulatory delays (e.g., SEC's ETF decision) and altcoin market sentiment pose risks. Elastic Scaling: Finalized on Kusama and slated for Polkadot, this upgrade allows dynamic resource allocation for parachains, improving throughput and attracting developers. Combined with Agile Coretime (on-demand blockspace), these could drive demand for DOT as a utility token. JAM Protocol: A proposed hybrid of Polkadot and Ethereum's tech stack aims to enhance compatibility and scalability, potentially expanding Polkadot's use cases. 5M DOT Ecosystem Fund: Targeted at projects like Hydration, this could spur innovation and adoption, mirroring past growth phases. Interoperability Race: Polkadot's shared security model competes with Cosmos' IBC and Ethereum's L2s. While Polkadot's 143K TPS (Kusama) and 173 Nakamoto coefficient highlight technical strength, rivals like Solana and Ethereum dominate developer mindshare. Staking Dynamics: With 55% of DOT staked, the token's inflation rate (fixed at 120M DOT/year) is partially offset, but high staking yields (11.5%) may deter short-term trading liquidity. Key Levels: Immediate resistance at $4.61 (May 28 high); a breakout could target $5.35 (Fibonacci 23.6%). Support at $3.83 (swing low) is critical—failure here risks a drop to $3.24. Bearish Signals: MACD histogram (-0.0739) and RSI (44.43) suggest weak momentum, but a bullish inverse head-and-shoulders pattern on weekly charts hints at a potential reversal. Polkadot's price trajectory hinges on successful upgrades, staking retention, and overcoming regulatory hurdles. While technicals lean bearish short-term, ecosystem growth and developer adoption could fuel a mid-term rebound. Will June's Elastic Scaling rollout catalyze the breakout traders are anticipating? Traders are cautiously bullish on Polkadot (DOT) short-term due to technical setups, while long-term holders focus on ecosystem upgrades like Polkadot 2.0 and potential ETF catalysts. Polkadot price prediction depends on whether these bullish catalysts can overcome broader market uncertainty and regulatory headwinds. 1. Bullish technical patterns: Falling wedge breakouts and $4.30–$4.37 support retests dominate trader discussions. 2. Ecosystem momentum: Polkadot 2.0 upgrades (elastic scaling, Agile Coretime) and 143K TPS on Kusama fuel developer optimism. 3. Mixed price projections: 2030 targets range from $3.39 (bearish) to $95 (bullish), reflecting high uncertainty. Short-term traders (X/Twitter, Binance) are eyeing $4.61–$5.30 resistance breaks, citing bullish patterns like falling wedges and inverse head-and-shoulders. However, DOT's 15% weekly drop (to $4.18) and declining active addresses (-8.5% 24h) temper enthusiasm. Long-term holders highlight Polkadot's 55% staking rate and zero Relay Chain downtime since 2020 as fundamentals justifying accumulation. Technical setups: Multiple traders shared entries near $4.50–$4.76, targeting $5.35–$6.10 if resistance breaks. Bearish alerts note DOT's struggle below the 20 EMA, risking a drop to $3.24. Polkadot 2.0: Elastic scaling (live on Kusama) and Agile Coretime are seen as game-changers, enabling dynamic resource allocation and replacing parachain auctions. ETF delays: The SEC's extended review of 21Shares' Polkadot ETF has muted bullish momentum, though analysts like Solberg Invest still target $22–$25 post-$12 breakout. X (Twitter): Dominated by TA-focused accounts sharing leverage long setups (e.g., '$4.48 SL, $4.85 TP'). Developer forums: Highlight JAM protocol upgrades and cross-chain integrations like Moonbeam's Ethereum-Substrate wallet compatibility. Retail communities: CoinMarketCap posts split between 'DOT to $50' hype and skepticism over Solana's rising developer traction. Polkadot's narrative balances technical momentum against macroeconomic hesitations, with June's elastic scaling rollout and ETF updates likely deciding its next major move. Can DOT's infrastructure upgrades offset altcoin market headwinds in H2 2025? To get the latest update on DOT, visit our Polkadot currency page. Content created: 30th May 2025 Disclaimer: Content generated by CMC AI. CMC AI can make mistakes, please DYOR. Not financial advice. 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
Associated Press
24-05-2025
- Business
- Associated Press
Asphere Collaborates With Web3 Foundation to Deliver No-Code Polkadot Rollup Deployment for Scalable Web3 Innovation
SAN FRANCISCO, CA (05/23/2025) – Asphere , the enterprise arm of Ankr and a leading Web3 infrastructure provider, today announced a collaboration with the Web3 Foundation , the organization backing the pioneering Polkadot multichain network, to launch a no-code rollup deployment solution. This collaboration positions Asphere as a trusted infrastructure partner for building and launching sovereign Polkadot rollups, dramatically lowering the barrier to entry for developers and enterprises looking to scale in Web3. The new deployment framework allows teams to customize and launch high-performance, interoperable, and secure rollups in minutes using an easy-to-use interface. Tyler Sloan, Asphere Scaling Solutions Lead, shared, 'Polkadot rollups are one of the most longstanding and compelling innovations in Web3 scalability. With our no-code deployer, we're enabling a new wave of builders and enterprises to launch secure, scalable networks without deep protocol expertise.' Asphere's deployment stack taps into the powerful Polkadot SDK framework and offers a range of ready-to-launch templates, including generic rollups and Ethereum-compatible rollups for seamless dApp migration. Through this integration, Asphere handles every stage of deployment—from runtime logic and consensus to node infrastructure operations. David Hawig, Director of Ecosystem Growth at the Web3 Foundation shared, 'This is about unlocking the full potential of Polkadot's technology stack. With native interoperability, shared security, and our full-stack deployment support, builders can focus entirely on product and innovation while Asphere handles the complexity and infrastructure under the hood.' The Asphere X Polkadot integration supports a variety of rollup types, including: This initiative not only simplifies the technical burden for new projects but also provides robust infrastructure for scalability, compliance, and uptime. With 24/7 support, real-time monitoring, and regulatory frameworks, Asphere's no-code deployer is the most comprehensive rollup launch service in the ecosystem. Polkadot's shared network structure—featuring parallel transaction processing, native interoperability, and relay-chain security—combined with Asphere's infrastructure expertise, offers unmatched performance for projects demanding scalability and low fees. At the heart of this platform is Asphere's commitment to modular, sovereign infrastructure. Teams can fully customize their rollups with runtime modules for staking, identity, governance, and more—while maintaining full control over upgrades and evolution. With this strategic partnership, Asphere and Polkadot are ushering in a new era of plug-and-play blockchain scalability, empowering anyone, from enterprise platforms to individual innovators, to deploy powerful, purpose-built networks that integrate seamlessly into the broader Web3 ecosystem. For media inquiries, please contact: Kevin Dwyer [email protected] ### 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 Asphere Asphere provides enterprise-level Web3 infrastructure solutions with leading performance and full SOC 2 compliance. Built by the team behind Ankr, Asphere makes integrating blockchain tech straightforward for every organization with a comprehensive suite of products and tools tailored to enterprise needs—including scalable node infrastructure, APIs, blockchain creation services, and expert guidance. Asphere is trusted by industry giants such as Microsoft, Binance, and Polygon to accelerate and simplify the adoption of blockchain technology for businesses looking to future-proof their operations.
Yahoo
14-05-2025
- Business
- Yahoo
Polkadot Is Still Down More Than 50%. Should You Buy the Dip?
Polkadot is up more than 50% in just over a month, but still trades far below its all-time highs. The Web3 vision is taking longer to materialize than many early investors had hoped. History shows that competition can help legitimize and strengthen a promising technology. 10 stocks we like better than Polkadot › The Polkadot (CRYPTO: DOT) cryptocurrency is roaring these days. The native coin of the Web3 Foundation gained 51.3% from April 9 to May 12. But the picture changes if you zoom out a bit. This jump is actually just a small recovery from a deep dip. The coin's price is still down 52.6% from December's 52-week peak. It's also more than 90% below Polkadot's all-time highs, recorded just before the inflation panic started in November 2021. Is Polkadot stuck in a long-term downtrend, or is this crucial Web3 component poised for a big comeback? Let's find out. In a Web3 world, social media networks are downgraded from the dominant online stature they hold today. Content creators will have more control over the text, music, movies, and other media they create, with fewer go-betweens making several pennies on every buck of original content. Ordinary people should gain more direct control over how they consume content, protect their privacy, and manage personal finances. Again, everything should work faster, with lower fees, and with blockchain-based technology doing what centralized banks do now. Polkadot was designed to play many important roles in this conversion of online interaction systems. It features a complex, powerful transaction ledger with many supporting data lists, with the ability to communicate with many other blockchain systems. The upcoming Polkadot 2.0 version will feature a much faster and more complete facility for executing smart contracts. In recent demonstrations, Polkadot co-founder Gavin Wood has shown the classic Doom game running at full speed in a pre-release version of this JAM virtual machine system, running on his laptop. The full implementation will have access to thousands of high-powered server systems in a global network. I can only imagine what developers might do with this blockchain-based supercomputer. This should be more than enough to get the Web3 revolution off the ground, and then some. That would be good news for Polkadot investors, since the functional coin should gain more value as its real-world usage increases. Some early Polkadot investors are losing hope about the proposed Web3 revolution. The Web3 vision has been in the works for more than a decade. Gavin Wood coined the term in 2014, but the fundamental ideas had been under discussion for years even then. That's an eternity in the fast-moving technology world. Where are all the game-changing Web3 apps and platforms that will turn the online world upside down? And let's say the Web3 revolution really is coming. Polkadot faces a ton of competition for powering the technical platforms behind those privacy-loving apps. I mean, Sony brought the first Betamax video tapes to market a year before JVC introduced the VHS alternative, and Betamax had the backing of Japan's regulators at the time. Yet, VHS won the "video wars" of the 1970s. The favored industry standard doesn't always win in the open market. In this case, alternative development frameworks from Solana (CRYPTO: SOL) or Avalanche (CRYPTO: AVAX) might steal Polkadot's Web3 throne. If they can't fill every Polkadot function today, their backers could catch up as their ecosystems mature. Between the slow Web3 rollout and the rising tide of potential head-to-head rivals, it's not surprising to see Polkadot's coin price swooning. Pinning fair values on investments is both an art and a science. Getting it right involves many assumptions, some informed guesswork, and a bit of luck. The world's best investors don't get every call right, and they rarely try to pinpoint exact price targets in the long run. And Polkadot's market value relies on two key factors: How often does this coin get used in actual applications, generating a tiny stream of usage fees for every transaction? How much is each transaction worth to the Polkadot system and its investors? The first component is off to a slow start. Few apps are built around the Polkadot framework today, and the cryptocurrency is still in its infancy from the real-world usage point of view. Daily usage volumes have been trending down instead of up in recent months. In the last 30 days, Polkadot fees were $750 per average day. There aren't a lot of money-making transactions happening so far. The JAM-based Polkadot 2.0 system is designed to handle 1 million transactions per second, not a couple of hundred per day. The daily trading volume is much higher, around $360 million per 24 hours. In other words, Polkadot is acting more like a speculative investment than a real-world business tool so far. The coin is essentially worthless in this real-world utility perspective. Polkadot usage just isn't a money-making operation yet. But that's a short-sighted projection. I'm convinced that the Web3 era will come someday. Will it be in the next economic recession, or with the launch of the first truly useful decentralized finance app, or just a random Wednesday in 2027? I don't know, but I sure want to own some Polkadot when it happens. As for the rise of alternative blockchain solutions for the Web3 era, I welcome them with open arms. Remember how Netflix (NASDAQ: NFLX) invited the whole entertainment industry to come up with better media-streaming services in 2015? Pretty much every media company took up the challenge, forcing Netflix to keep up its industry-leading innovation. Ten years later, Netflix is still the digital entertainment name to beat. A $1,000 Netflix investment in July 2015 would be worth about $11,850 today. A sudden influx of serious rivals made the whole business idea look more legitimate, and digital streaming is the leading video delivery system of 2025. Inviting plenty of competition was a good idea. I can't guarantee that something similar will happen in the field of Web3 technology. History doesn't repeat itself, but it echoes and rhymes. Polkadot may be on to something good here. Yes, Polkadot is a fairly speculative idea. It's also an extremely promising one. All things considered, I wouldn't recommend betting the family farm or taking out a third mortgage to finance your Polkadot-buying habits. Setting up a small position at these low prices should be enough. 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Polkadot Is Still Down More Than 50%. Should You Buy the Dip? was originally published by The Motley Fool
