How DOT can revive its declining fortunes, with the help of….
Polkadot [DOT] maintained its number one spot on the list of blockchains in terms of monthly development activity. This was a commendable feat, as the blockchain remained consistent with its updates.
<p lang=«en» dir=«ltr» xml:lang=«en»>GitHub Monthly Development Activity:#1: 616 Polkadot / Kusama #2: 511 Cardano #3: 387 Internet Computer #4: 368 Status #5: 359 Hedera #6: 350 Ethereum #7: 333 Cosmos #8: 291 Decentraland #9: 288 ChainLink #10: 270 Aptos pic.twitter.com/BGR8Eu5MMN
— ProofofGitHub (@ProofofGitHub) April 1, 2023
Read Polkadot’s [DOT] Price Prediction 2023-24
It was interesting to note that while Polkadot’s developers continued to improve the blockchain, the network’s revenue declined over the last 30 days. A similar trend was prevalent with the blockchain’s fees. Therefore, the overall data suggested less usage of the Polkadot network.
Source: Token Terminal
Nonetheless, the hope for an increase in revenue remains, as suggested by Polkadot Insider’s tweet on 2 April. Notably, Nona Wallet, which is a wallet for the Polkadot ecosystem, announced its support for Ethereum [ETH].
The release also laid the foundation for providing support for other EVMs over the coming months. Apart from this, Acala Network also launched the Multichain Asset Hub Router v0.1. The latest version supports bridging assets from any chain to any parachain powered by Polkadot.
<p lang=«en» dir=«ltr» xml:lang=«en»>The #Polkadot and #Kusama ecosystems are growing impressively with great news on a daily basis Read more on ambcrypto.com
