Polkadot, as a one of the top 10 cryptocurrencies, witnesses significant network activity. In fact, it has comparatively one of the highest development activities of all the top 10 coins. However, that does not make it immune from the developments of the market and after today, it looks like the altcoin needs the king coin more than ever.
Polkadot, along with the rest of the market fell, witnessing a 10% drop at press time. Usually, a coin’s recovery is predicted on the basis of its network performance. However, that is not the case for this altcoin.
Polkadot price action | Source: TradingView – AMBCrypto
Now, Polkadot has been very active when it comes to network developments. The ongoing parachain auctions only underline the fact. Just
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