The post DOT Price Surges 32% Following Polkadot’s Elastic Scaling Upgrade and PoP Proposal appeared on BitcoinEthereumNews.com.

Rongchai Wang
Jul 27, 2025 07:28

DOT trades at $4.17 (+1.88% daily) after Polkadot’s major technical upgrades and founder Gavin Wood’s sustainability proposal drive institutional interest.

Quick Take • DOT currently trading at $4.17 (+1.88% in 24h) • Polkadot’s RSI at 55.92 indicates neutral momentum with room for upward movement • Elastic Scaling upgrade and Proof-of-Personhood proposal catalyst institutional adoption What’s Driving Polkadot Price Today? Polkadot has experienced remarkable momentum over the past week, with the DOT price climbing 32% over 10 days following a series of significant technical and strategic developments. The most recent catalyst came from founder Gavin Wood’s proposal at the Berlin 2025 Web3 Summit on July 25th, where he introduced a revolutionary Proof-of-Personhood (PoP) model to replace Polkadot’s current Nominated Proof-of-Stake system. This proposal aims to reduce annual validator rewards from $500 million to $90 million, significantly improving network sustainability and long-term viability. Two days earlier, Polkadot implemented its Elastic Scaling upgrade (runtime v1.6.1) on July 23rd, delivering enhanced transaction throughput and reduced latency. This technical improvement has attracted institutional interest and brought fresh liquidity to the DOT/USDT trading pair, with Binance spot market data showing increased volume activity. Adding to the positive sentiment, Polkadot’s JAM protocol gained substantial institutional attention on July 21st. The protocol’s focus on cross-chain asset tokenization has reinforced Polkadot’s position as a leader in DeFi and blockchain interoperability, further supporting the recent DOT price appreciation. DOT Technical Analysis: Mixed Signals With Bullish Undertone Polkadot technical analysis reveals a complex but generally optimistic picture for traders. The DOT RSI sits at 55.92, placing it in neutral territory with potential for further upward movement without entering overbought conditions. Polkadot’s moving averages present a mixed signal structure. While DOT trades above its 20-day SMA ($4.09) and…

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Filed under: News - @ July 27, 2025 8:23 am