Polkadot forecast 2021 to 2025
This is how Polkadot (DOT) could develop
In our Polkadot forecast, we look at the long-term price trend of the Polkadot crypto project. Designed for interoperability, the blockchain technology can connect different blockchains through a central platform. The native token DOT did not hit the market until 2020. Launched with a lot of advance praise, DOT quickly convinced with substantial price gains.
But what does the future hold for the promising crypto project, and how could Polkadot’s share price develop? In our Polkadot forecast 2021 to 2025, we explore this question. In this context, we evaluate the estimates of leading experts and compare them in our projections.
What’s behind Polkadot
Before we take a look at possible price trends, let’s first clarify the basics behind Polkadot. Gavin Wood, one of the founders of the project, is pursuing an interoperable blockchain with Polkadot, which is intended to support developers in an early development phase. In a way, Polkadot sees itself as a central instance that can sublease resources to connected blockchains. This has the advantage that smaller projects can benefit from Polkadot’s security. Accordingly, the blockchain network acts as a so-called relay chain, limiting resource hunger and promoting the simplicity and…