Latest news with #Polkadot
Yahoo
11 hours ago
- Business
- Yahoo
Polkadot's DOT Slips 4% From Highs, Now Testing Support at $3.32 Level
Polkadot's DOT showed a clear trading range of 4.4%, with price action characterized by a sharp rally to $3.46 followed by a substantial correction, according to CoinDesk Research's technical analysis model. The model showed that support has now formed at the $3.32 level, which is currently being tested. The Polkadot ecosystem suffered a notable slowdown in transaction activity in the first quarter of the year, with a 36.9% drop from the previous quarter to 137.1 million transactions. In recent trading, DOT was 2.4% lower over 24 hours at around $3.31. The broader market gauge, the CoinDesk 20, was 2.4% lower at publication time. Technical Analysis: The 19:00-20:00 timeframe on June 30 saw the strongest bullish momentum with above-average volume (1.81M), establishing resistance at $3.46. Support formed at $3.32 during the July 1 07:00 hour with high volume (1.34M). The final hours showed renewed selling pressure, with DOT closing near the lower end of its range at $3.33, suggesting bearish sentiment despite a brief recovery attempt during the 14:00 hour. The period was marked by a sharp rally to $3.36 at 15:06, establishing the hour's high, followed by a steep sell-off that accelerated after 15:36. Notable volume spikes occurred at 15:31-15:32 (267K combined), suggesting institutional selling pressure. Sign in to access your portfolio
Zawya
2 days ago
- Business
- Zawya
Unique Network and TapNation activate Blockchain Rewards for Mobile Gamers at Scale
Unique Network, a core blockchain infrastructure provider in the Polkadot ecosystem, and TapNation, the mobile gaming publisher with over 1.5 billion downloads, have successfully integrated blockchain-based rewards into TapNation's hit title Color Water Sort (iOS | Android), which has been downloaded more than 130 million times globally. This integration marks the official launch of Reward Mode — a seamless, in-game experience where players earn crypto rewards without needing prior blockchain knowledge. The system is built on Unique Network's SDKs and Polkadot's high-performance infrastructure, enabling rewards, identity, and ownership to be embedded directly into gameplay without disrupting user experience. In less than six months, over 650,000 new users have entered the Polkadot ecosystem through this integration, well ahead of TapNation's initial milestone commitment of 734,366 users. 'Everyone talks about bridging Web2 to Web3. We did it — with usable, scalable infrastructure that developers can actually rely on,' said Alexander Mitrovich, Co-Founder of Unique Network. 'The infrastructure that powered these features has long existed on Unique Network, and is now running live on Polkadot's main chain - the Asset Hub.' 'The Unique Network SDKs made integration fast and seamless,' said Philippe Lenormand, Head of Web3 at TapNation. 'We could stay focused on gameplay while embedding blockchain tech under the hood. We're already working on what's next: giving players more control over their identity and in-game profiles.' This isn't a theoretical demo or a whitepaper vision. It's live, at scale, and delivering tangible results. In a 150,000-player sample, users of Reward Mode generated 89% more ad revenue than non-Web3 users — a direct boost to TapNation's business. Retention and session counts rose by 16%, proving that blockchain rewards can drive meaningful engagement and monetization, not just hype. 'The kind of impact we were after was never about NFT trading or speculative marketplaces — it was about delivering measurable outcomes for Polkadot and our partners.' said Charu Sethi, President of Unique Network. 'This is just the beginning. We're embedding NFTs as invisible infrastructure for identity, rights, and engagement — building real value, not just headlines.' Unique Network supported TapNation throughout the integration process with engineering and infrastructure support. The crypto rewards program is part of a long-term strategy to bring scalable Web3 use cases to the mainstream through gaming. Next, the collaboration will introduce NFTs — achievement-based digital assets that unlock VIP Passes and exclusive benefits as players progress. The first implementation will go live once players hit a specific level in games like Color Water Sort and Webmaster. These NFTs won't be branded as NFTs. They'll be tools for managing identity and ownership, designed to blend invisibly into the player journey. Unique Network is leading this new era of functional NFTs through its flagship initiative, NFTMozaic, driving forward real-world use cases in gaming, fan engagement, and digital rights — and redefining what blockchain utility looks like in 2025. About Unique Network Unique Network powers the next generation of NFTs as core infrastructure for gaming, entertainment, engagement and AI,. As Polkadot's leading roll up for NFT tech, Unique enables cross-chain assets with programmable ownership, dynamic metadata, and native interoperability — turning NFTs into core components for loyalty systems, player-owned economies, UGC and decentralised AI.
Yahoo
19-06-2025
- Business
- Yahoo
Polkadot's DOT Drops as Much as 5% After Failed Breakout Triggers Selling Wave
Polkadot DOT encountered substantial selling pressure, dropping as much as 5% before rebounding and potentially forming a double bottom pattern that points to continued upward movement, according to CoinDesk Research's technical analysis model. After initially attempting to establish an uptrend with a peak at $3.787, DOT encountered strong resistance and formed a bearish reversal pattern, according to the model. In recent trading, DOT was 2.6% lower over 24 hours, trading around $3.63 having found support at $3.59. The broader market gauge, the CoinDesk 20, was down 0.5% at publication time. The price action shows a potential double bottom pattern forming with improving momentum, suggesting further upside if it maintains support above the $3.62 price level, the model showed. Technical Analysis: DOT experienced a volatile 24-hour period with a substantial range of 0.193 (5.1%), initially attempting to establish an uptrend with a peak at $3.787 before encountering strong resistance. The price action formed a bearish reversal pattern as DOT failed to hold above the $3.75 level, followed by accelerated selling on high volume during the 10:00 and 13:00 hours when volume spiked to nearly 4 million units — well above the 24-hour average. Support emerged at $3.594, though the current price structure suggests further downside risk as DOT closed near session lows with weakening momentum indicators. In the last hour, DOT experienced significant volatility with a sharp decline from $3.643 to a low of $3.594, followed by a recovery attempt. The price found strong support at the $3.594 level, triggering a V-shaped recovery that pushed DOT up by 1.3% to $3.642. The recent price action forms a potential double bottom pattern with improving momentum, suggesting the possibility of continued upward movement if DOT can maintain support above the $3.62 level. Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Arabian Post
19-06-2025
- Business
- Arabian Post
Bitcoin Solaris Set to Eclipse Polkadot's Growth Trajectory
Bitcoin Solaris is gaining rapid momentum, positioning itself as a potential outperformer of Polkadot's early expansion. Analysts and on‑chain metrics highlight growth indicators that not only replicate Polkadot's debut phase but in several cases significantly surpass it. Market observers attribute this shift to Solaris's mobile‑first mining approach, hybrid consensus architecture, and aggressive presale execution. Polkadot established its reputation through multi‑chain interoperability and shared security via parachains—a design emphasising developer adoption over mainstream user engagement. In contrast, Bitcoin Solaris is scaling through mass inclusivity. Its Solaris Nova app enables users to mine with everyday smartphones or PCs, eliminating the need for costly ASICs or complex infrastructure—barriers that still restrict Polkadot validator participation. This strategy has sparked an influx of retail interest, including among existing Polkadot investors turning to BTC‑S presale phases in search of higher short‑term returns. Solaris's roadmap reflects an ambition to execute where Polkadot encountered slowdowns. From launching testnet and mobile wallet in early 2026 to a full mainnet and exchange listings by late 2026, the timeline is concrete and time‑bound. In contrast, Polkadot's parachain roll‑out, while pioneering, has been criticised for complexity and slower-than-expected mainstream uptake. ADVERTISEMENT Technically, Solaris combines foundational Proof‑of‑Work for security with Delegated Proof‑of‑Stake for instant transactions and smart contracts. Its target throughput—10,000 to 100,000 TPS with finality in as little as two seconds—edges ahead of both Polkadot and competing layer‑1 networks. Validators rotate daily to enhance decentralisation, and its Helios security layer brings protocol-level safeguards comparable with Bitcoin's scarcity model and Solana's performance. Energy consumption is also a focal point. Solaris claims 99%+ savings in power usage compared with legacy mining operations. With escalating scrutiny of crypto's environmental impact, that low‑energy design resonates with both regulators and eco‑conscious investors. The presale narrative underscores urgency. Currently in mid‑phases, token pricing has ranged from US $2–8, with anticipated exchange‑launch pricing plateauing near US $20. This structure has already attracted over US $4–5 million in capital, and presale bonuses approach 12–14% per phase. Comparisons to Bitcoin's early growth phase are emerging. Financial analysts argue that Bitcoin Solaris's fixed supply, mobile mining model, and early‑stage presale echo crypto's 2013 dynamics. Even modest investments—US $1,000 today—are being framed as having potential to outperform multi‑thousand‑dollar Bitcoin buys over a similar timeframe. However, such enthusiasm is not without admonitions. As a relatively new protocol, Solaris remains in development, with adoption hinging upon mainstream acceptance of the Nova app, audit outcomes, smart contract integrity, and exchange listings. Polkadot's longevity and proven ecosystem via robust parachain deployment stand as a counterpoint—Solaris must demonstrate resilience under live load. The academic and developer communities have taken note of Polkadot's strengths—shared security via NPoS consensus, governance frameworks, and scholarly analysis of its sharding mechanisms. Yet critiques surrounding complexity, validator cost thresholds, and centralisation risks persist. By contrast, Solaris is proactively targeting those criticisms with user‑centric design, streamlined entry, and full audit transparency. Early data from presale participants suggests substantial uptake. West African and Southeast Asian communities—traditionally underrepresented in high‑end mining—are increasingly engaging through mobile mining accessibility. While precise regional figures are opaque, anecdotal evidence and community growth metrics from Solaris's Telegram and X channels point to significant global traction. Institutional interest remains unsubstantiated. Vertex Ventures and other blockchain‑focused funds have yet to announce allocations. Solaris's validation remains retail‑driven, though its governance plan includes institutional play in later roadmap phases. By contrast, Polkadot has cultivated grants via Web3 Foundation and tapped institutional bonds for parachain funding. As of now, the crypto community stands at a divergence point. One path reflects Polkadot's methodical but slower‑burn strategy, centred on developer utilisation and cross‑chain infrastructure. The other is a sprint toward inclusion, speed, and mobile participation via Bitcoin Solaris.
Associated Press
19-06-2025
- Business
- Associated Press
zerohash Expands Blockchain Ecosystem with Polkadot Integration
Chicago, June 19, 2025 - zerohash , the leading crypto and stablecoin infrastructure platform, today announced full deposit and withdrawal support for DOT as well as USDC, and USDT on the Polkadot blockchain. This includes integration with Polkadot's Asset Hub , a purpose-built parachain for stablecoins and other fungible assets. Polkadot is a modular Layer 0 blockchain that enables secure, scalable interoperability across a network of independent rollups. With one of the most active developer ecosystems and a large on-chain treasury, Polkadot supports cross-chain applications spanning DeFi, payments, and asset tokenization. zerohash has also added support for DOT staking and validator participation to help secure the network.* 'We've created a simple integration for developers and the Polkadot ecosystem,' said Edward Woodford, CEO and Founder of zerohash. 'zerohash provides the easiest pathway for platforms to launch on-chain products within the Polkadot ecosystem without needing to manage blockchain infrastructure, validator operations, or regulatory licensing. This reflects our continued focus on enabling cross-chain interoperability and broad accessibility in the evolving crypto and stablecoin landscape.' 'As the Polkadot ecosystem continues to strengthen its position as the leading Web3 platform for stablecoins, partnering with zerohash was a natural fit,' said Nicolas Arevalo, CEO of Velocity Labs. 'zerohash is a recognized leader in stablecoin infrastructure, and we're excited to collaborate with their team and their customer base to unlock novel and impactful stablecoin use cases on Polkadot.' About Polkadot Polkadot is the powerful, secure core of Web3, providing a shared foundation that unites some of the world's most transformative apps and blockchains. Polkadot offers advanced modular architecture that allows devs to easily design and build their own specialized blockchain projects, pooled security that ensures the same high standard for secure block production across all connected chains and apps connected to it, and robust governance that ensures a transparent system where everyone has say in shaping the blockchain ecosystem for growth and sustainability. With Polkadot, users are not just participants, they're co-creators with the power to shape its future About zerohash zerohash is the leading infrastructure provider for crypto, stablecoin, and tokenized assets. Its API and embeddable dev-kit enables innovators to easily launch solutions across cross-border payments, commerce, trading, remittance, payroll, tokenization and on/off-ramps. zerohash powers solutions for some of the largest and innovative companies including Interactive Brokers, Stripe, Shift4, Franklin Templeton, Felix Pago, Kalshi and LightSpark. zerohash Holdings is backed by investors, including Point72 Ventures, Bain Capital Ventures, and NYCA. In the United States, zerohash LLC is a FinCen-registered Money Service Business and a regulated Money Transmitter that can operate in 51 U.S. jurisdictions. zerohash LLC and zerohash Liquidity Services LLC are licensed to engage in virtual currency business activity by the New York State Department of Financial Services. zerohash Trust Company LLC has been approved by the North Carolina Commissioner of Banks as a non-depository trust company. For information about our global regulatory footprint, including our Argentinian registrations, see here. zerohash Disclosures The zerohash services and product offerings may not be available in all jurisdictions, including in the State of New York. Crypto and stablecoin holdings held in zerohash accounts are not subject to FDIC or SIPC protections in the U.S., or any such equivalent protections that may exist outside of the U.S. zerohash's technical support and enablement of any asset is not an endorsement of such asset and is not a recommendation to buy, sell, or hold any crypto asset. The value of any cryptocurrency, including digital assets pegged to fiat currency, commodities, or any other asset, may go to zero. *Staking services are not available to New York customers. Learn more by visiting or following us on X @ZeroHashX Media Contacts zerohash Shaun O'Keeffe (855) 744-7333 [email protected]
