Polkadot Price Drops 8.2% Amid Volatility Despite Network Reforms

Polkadot's price has declined by 8.2% following significant volatility in its recent session.

The downturn was not offset by earlier network reforms and increased user activity, with the DOT price now hovering near support at $1.078.

Polkadot replaced locked parachain slot auctions with dynamic blockspace pricing, making Coretime sales its main revenue source.

Monthly active addresses doubled from August to September, while trading volumes surged by 116% to $4.7 billion.