Polkadot Leads Decentralization Charge Amidst DOT Price Volatility
Polkadot has regained its position as a leader in decentralization among major networks. The project's Nakamoto coefficient of 169 surpasses that of Ton, Avalanche, Solana, and Sui.
The increase in Polkadot's decentralization profile is partly due to the renewed attention it received for its Polkadot 2.0 update, interoperability focus, and staking-related products.
Despite this development, DOT's price has not yet reflected these changes, trading near $0.87 after falling from $1.
Buyers are now watching whether DOT can reclaim the $0.90 resistance area, which could pave the way for a move toward $1 and eventually the $1.05 target.