Polkadot Price Surge Triggers Trading Frenzy Amid Uncertainty

Polkadot's price has been trending upward after a social media post claimed that it surpassed $105M in 24h trading volume. While this figure has not been independently verified, traders are watching to see if this activity spike turns into a real breakout. The Polkadot price prediction for September 2026 update looks at whether DOT can build on its recent bounce.

According to the data from August 26, 2026, at 12:10 IST, the market overview shows that DOT is trading at $0.8532, with a -7.25% change in the last 24 hours. The market capitalization is around $1.44B, and the total supply is 1.69B DOT.

The recent bounce has broken the descending channel that DOT had been sliding in since June. However, price has since cooled off and is now consolidating just above the EMA cluster. The RSI (14) sits at 53.53, a neutral-to-firm reading that shows the recent bounce hasn't stretched into overbought territory yet.

CoinGabbar analysts believe that the volume spike and sharp bounce show real buying interest returned to DOT, but the pullback from $1.0376 and the heavy long liquidations over the past day suggest leveraged traders got caught offside.