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22.11 - 19:43
Finally making an ATH, Polkadot must now cross these milestones on its way to $80
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After three months of sustained rally with occasional speed breakers, Polkadot made an ATH of $51.59 ahead of its first parachain auctions getting approved. The parachain auctions had been in development throughout the year. The euphoria surrounding their 4 November launch seemed to be the main driving force behind the altcoin’s rally to a new all-time high. However, there was more to DOT’s rise than just that.
While the stage was set for DOT to reach a new ATH, as highlighted in our previous article there was still more scope for growth both in terms of development as well as price. So, here’s how the eighth-ranked alt’s trajectory could look in the future:
Parachain auctions, allow DOT developers to register their projects on a parachain
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