Polkadot DOT#24
Live Polkadot (DOT) price, market cap and chart — Altcoins. Data via Binance; market cap from live price × curated circulating supply. Updated continuously.
About Polkadot
Polkadot (DOT) is a network designed to connect many blockchains into one interoperable system. Created by Ethereum co-founder Gavin Wood and launched in 2020, its core idea is a central "relay chain" that provides shared security to a set of connected chains called parachains, letting specialised blockchains communicate and pool their security rather than standing alone. DOT is used for staking, governance and to bond parachains to the network.
Polkadot’s interoperability vision is ambitious and technically respected, but adoption has been steadier than spectacular, and the project has been evolving its model to make building on it easier and cheaper. Its value depends on whether a rich ecosystem of connected chains materialises. DOT is a volatile, high-risk asset competing for developers in a field where several networks promise cross-chain connectivity.
Polkadot tokenomics
| Market cap rank | #24 |
| Circulating supply | 1.50B DOT |
| Max supply | No fixed cap |
| All-time high | $55.09 -98.48% |
| All-time low | $0.6330 |
| Launched | 2020 |
All-time high and low are approximate, derived from Binance market history since DOT listed there.
Polkadot connects specialised blockchains (parachains) under a shared-security relay chain, so they can interoperate. DOT is used for staking, governance and bonding chains to the network.
Polkadot’s pitch is a connected multi-chain world with shared security. The watch-item is adoption — whether enough valuable parachains and applications arrive, and whether recent changes to its model lower the barrier to building. Strong engineering; uncertain traction. DOT is volatile and high-risk.
First Light shows what’s happening and why it matters — a clarity tool, not a prediction. Not financial advice.
Polkadot vs peers
| Coin | Price | 24h | Market Cap |
|---|---|---|---|
| Polkadot DOT | $0.8370 | -2.56% | $1.26B |
| BNB BNB | $569.50 | -1.45% | $79.73B |
| XRP XRP | $1.09 | -2.66% | $63.47B |
| Solana SOL | $78.61 | -2.54% | $37.34B |
| TRON TRX | $0.3299 | -0.18% | $28.57B |
| Cardano ADA | $0.1705 | -4.91% | $6.05B |
Polkadot FAQ
What is Polkadot?
Polkadot is a network that links multiple specialised blockchains (parachains) under shared security so they can work together. Its token is DOT.
What is a parachain?
A parachain is a blockchain connected to Polkadot’s relay chain, which provides it with security and the ability to communicate with other chains.
What is DOT used for?
DOT is used for staking, on-chain governance and bonding parachains to the network.
Where does the DOT price come from?
The live DOT price, 24-hour change and volume come from Binance public market data.