[the_ad id="21475"]
[ad_1]
Messari Releases Polkadot Report for Q4 of Last Year
- Messari revealed the state of in Q4 of last year.
- Active and new Polkadot accounts spiked in the same timeframe.
- Polkadot’s native token, DOT, is currently trading at $6.75.
A report on the state of the Polkadot ecosystem during the fourth quarter of the previous year was recently compiled and released by the cryptocurrency research and data company Messari.
According to Messari, during the fourth quarter of 2022, the number of daily active users and new accounts climbed by 64 and 49 percent, respectively. Experts believe that the surge in activity may be attributed to users shifting their focus away from FTX, the debut of USDT, and the opening of nomination pools.
The FTX scandal was allegedly the major event that took place during the fourth quarter of 2022, as it sent shockwaves worldwide and garnered attention from countries all over the globe.
The market capitalization of Polkadot had a decline of 31% year-over-year during the most recent quarter (QoQ), according to the report. Notably, Polkadot’s market valuation has decreased by 83% compared to the previous year due to the impact of FTX and the general bear market (YoY).
The network…
The post Messari Releases Polkadot Report for Q4 of Last Year appeared first on Coin Edition.
Click Here to Read the Full Original Article at All News…
[ad_2]
[the_ad id="21476"]