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11.11 - 13:03
These factors are setting up the stage for Polkadot’s rally to new ATH
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For over three months now, Polkadot has had a sustained rally with occasional speed breakers, but an all-in-all-good run. However, DOT’s last three attempts to blast above its ATH have gone in vain.
Polkadot traded at $43.30 noting 1.28% daily gains, alongside Bitcoin comfortably sitting above $61K. It almost seemed like the stage was set for DOT to rally provided certain developmental changes aligned with its on-chain activity.
Polkadot’s price faded before it could make a new all-time high on 26 October but with DOT oscillating close to the $44 mark, all it needs is push to a new ATH. Recently, Gavin Wood noted that a relay-to-relay chain bridge between Polkadot and Kusama (KSM), is expected to be operational before the end of this year.
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