Polkadot (DOT) Q3 numbers are out; here are key highlights
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Per the numbers shared, a total of 663 million DOT tokens were staked altogether, accounting for a quarter-on-quarter growth of 14.7%. Apart from staking, Polkadot noted that its nomination pools that went live back in November also saw a massive embrace. According to the data published, these nomination pools secured more than seven million DOT tokens staked. The burgeoning Polkadot ecosystem was showcased as a vibrant one, seeing a total of 190.6 million on-chain events recorded in September alone.
At the time of writing, DOT is trading at a price of $4.03, having dropped by 0.73%. While this price drop conforms with the general trend within the Polkadot ecosystem at this time, the expectation is that DOT buyers can begin to price in the Q3 record to help elevate the coin's valuation in the short term.Godfrey Benjamin is an experienced crypto journalist whose main goal is to educate everyone around him about the prospects of Web 3.0.
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