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The top prize: 50 GT.
, staking for security (maintaining network security through nominative proof-of-stake), and parachain bonding (connecting new parachains via an auction process).
Polkadot’s unique value proposition lies in its interoperability and scalability, enabling communication and data transfer between different blockchains. This architecture offers developers opportunities to create specialized blockchains while benefiting from shared security models.
02 Recent Price Performance and Market Data
As of February 3, 2026, the real-time price of DOT is $1.53, with a 24-hour trading volume of approximately $127 million. This price has increased from the $1.50 close on February 2, indicating short-term positive momentum.
Looking at a broader timeframe, DOT’s price has exhibited significant volatility recently:
Price fluctuations are closely linked to trading volume changes, with a peak trading volume of $273 million on January 31, and a decline to around $126 million on February 3.
03 Technical Analysis Perspective
From a technical analysis standpoint, Polkadot has recently shown a complex technical pattern. Key support is around $1.51, while resistance is near $1.55.
Notable chart formations include a potential descending expanding wedge, a pattern often associated with bullish reversals. Additionally, a possible triple bottom formation on the daily chart may indicate a long-term bullish reversal if confirmed.
The 200-day exponential moving average (EMA) remains a critical resistance level. DOT needs to sustain a breakout above this level to confirm an upward trend.
Momentum indicators show MACD is currently negative, indicating bearish momentum persists, but the stochastic indicator is in neutral territory, suggesting DOT is neither overbought nor oversold.
04 Influencing Factors and Ecosystem
Multiple factors influence DOT’s price dynamics. Bitcoin’s performance remains a key driver, with a correlation coefficient of 0.91 between DOT and Bitcoin, indicating a high degree of linkage.
On the technical development front, the Polkadot 2.0 upgrade is a significant catalyst. This upgrade introduces a core time-market model, removing slot auctions, allowing developers to purchase block space flexibly based on demand.
The implementation of a deflationary policy also supports DOT’s value. The Polkadot DAO passed a proposal supported by 81% to cap the total supply at 2.1 billion DOT, replacing the previous unlimited issuance model.
Ecosystem growth is equally crucial. The Polkadot Hub growth plan is expected to launch in Q1 2026, with DOT’s inflation rate decreasing to 3.1%, potentially further optimizing its economic model.
05 Future Outlook and Price Predictions
Market expectations for DOT’s future vary. Based on technical analysis, if DOT breaks above the descending expanding wedge’s upper boundary, it could target higher resistance levels at $13.09 or even $46.24.
Different analytical institutions provide diverse forecast models:
These predictions heavily depend on the actual growth of the Polkadot ecosystem, successful implementation of technological upgrades, and the overall cryptocurrency market environment.
06 Trading DOT on Gate Exchange
For users wishing to trade DOT on Gate, the platform offers a convenient trading experience and a wide range of trading pairs. Users can easily buy and sell DOT on Gate and utilize the platform’s analytical tools to track price movements.
Gate not only provides spot trading but may also offer leverage trading, staking, and other services to meet different investor needs. The platform’s security and liquidity make it a reliable choice for trading DOT.
Gate also offers market analysis and educational resources related to DOT, helping users better understand the asset’s fundamentals and technical aspects. Whether beginners or experienced traders, users can find suitable trading tools and resources on Gate.
Future Outlook
As of February 3, the significant progress in the Polkadot ecosystem includes its Treasury achieving its first OpenGov profit in Q4, thanks to lower expenditures and conservative management strategies.
With more parachains deployed and cross-chain applications increasing, the usage of the Polkadot network is expected to rise. The growth in DOT staking rates will also reduce circulating supply, potentially supporting the price.
Overall market sentiment and regulatory changes will continue to influence DOT’s short-term volatility, but Polkadot’s technological foundation and multi-chain vision provide a unique value proposition for its long-term development.