Polkadot Price DOT

4.06-0.04(-1.01%)(1D)

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Polkadot DOT

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Polkadot News

Cointelegraph • 30.04.25 • 21:15

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Circle taps Onafriq to cut Africas cross-border payment costs with USDC

What is Polkadot DOT?

Polkadot has been designed to perform transactions more privately and efficiently. It does this by operating two types of blockchains. There is a main network, known as a relay chain, in which transactions are permanent, as well as user-created parachains. The parachains feed into the main blockchain, allowing parachain transactions to inherit the security of the main chain.

Parachains can be customised to suit many different uses. Meant to empower developers to build better solutions, Polkadot makes it easier to connect and create decentralised institutions, services and applications offering inherent value. While the relay chain does not inherently support smart contracts, the parachains can support these.

Polkadot builds on the success of the Ethereum project while introducing unique innovations. Founded by Gavin Wood in 2016, a co-founder of Ethereum, Polkadot has raised approximately $200m across two sales of its DOT cryptocurrency. Track the price of Polkadot (DOT) on eToro today.

DOT Price Chart

‎1.49‎

Past Month

MAX

*Past performance is not an indication of future results

The Polkadot price is stable this week.

The Polkadot price today is 4.06, a ‎-1.01‎% change in the last 24 hours and ‎0.39‎% in the past week. Polkadot’s 24-hour trading volume is 149.79M and its current market capitalization is 6.48B. Polkadot price changed by ‎-39.34‎% in the past year.

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Market Cap

6.48B

Day's Range

3.97 - 4.29

52 Week Range

3.21 - 11.49

Volume (1D)

149.79M

Market Rank

All time high

54.28

All time low

3.21

Price Change YTD

-41.38

What Is Polkadot?

Polkadot (DOT) is a cryptocurrency and blockchain platform designed to connect different or unrelated blockchain networks securely and efficiently.

Unlike traditional, single-chain blockchains, Polkadot aims to improve speed and scalability by operating two types of blockchain to spread the processing demand off of the main blockchain.

Key Aspects of Polkadot:

Interoperability: Polkadot allows different blockchains to communicate and share information, promoting synergy between various decentralised applications (dApps).
Scalability: The use of parachains enables transactions to be processed in parallel, ensuring high throughput and efficient resource utilisation.
Shared security model: All parachains benefit from the security provided by Polkadot's Relay Chain, making it robust against attacks.
Governance: Polkadot employs on-chain governance, which allows DOT holders to propose and vote on network upgrades and changes.

To learn more about Polkadot, take a look at our “What is Polkadot?” article.

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How can I buy Polkadot ?

To purchase Polkadot:

Create an eToro account:

Deposit funds:

Deposit funds into your eToro account using your preferred payment method.

Search and purchase:

Search the Polkadot (DOT) page and place an order to buy Polkadot.

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What Is Polkadot (DOT)?

Polkadot is a popular blockchain network and DOT is often on the radar for crypto investors, but what is DOT, and is Polkadot a good potential investment?

How to Buy Polkadot (DOT)

Interested in investing in Polkadot but unsure where to start? We explain how to buy DOT and start investing in Polkadot.

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Looking to buy Bitcoin for the first time? Learn more about the popular cryptocurrency from our simple beginner’s guide on how to buy bitcoin.

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FAQ

What is the current price of Polkadot?

The current price of Polkadot (DOT) is 4.06

What is the market cap of Polkadot?

The market capitalisation of Polkadot is 6.48B

What is the all-time high price of Polkadot?

Polkadot's all-time high is 54.28

What is the 24-hour trading volume of Polkadot?

Polkadot has a 24-hour trading volume of 149.79M

How can I track the historical price of Polkadot?

Select the "1D" or "1W" timeframe on the eToro chart and zoom out to see the historical price movements of Polkadot. The price of Polkadot has ranged between 3.21 and 11.49 over the last year.

How secure is Polkadot?

Polkadot is very secure. Cryptocurrencies are encrypted using cryptography, which means that Polkadot transactions cannot be tampered with.

How to buy Polkadot (DOT)?

To buy Polkadot, visit the "Polkadot (DOT)" page. Once you have created an account and deposited funds, click the "Trade" button and decide how much Polkadot you want to purchase. You can also place an order that will buy Polkadot (DOT) at a specific price in the future.

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