Polkadot’s DOT Surges 4%+ as Bulls Charge Back Into Crypto Arena

Polkadot's native token DOT just ripped past resistance—marking a 4%+ rally as crypto markets shake off bearish sentiment. Here's why traders are flipping bullish again.

Breaking the downtrend

After weeks of sideways action, DOT finally cracked its slump with a decisive green candle. The move comes amid broader market recovery—though let's be real, 'recovery' in crypto just means whales finished dumping bags on retail.

Network activity heating up

Behind the price action? Polkadot's parachain auctions keep attracting developer interest while staking yields remain juicy. Never mind that most parachain tokens now trade 90% below issuance price—this is 'progress,' folks.

What's next for DOT?

With RSI looking healthy and volume picking up, DOT could test higher levels if Bitcoin holds steady. Just don't be surprised when some VC inevitably dumps their vested tokens the moment retail FOMO kicks in.