- Polkadot has reached an all-time high in the active and unique wallet segment.
- DOT held around $9.
According to recent data, Polkadot experienced the highest number of active wallets last month, signifying a positive development for the platform. However, this increase in active wallets was not reflected in the number of transactions and did not show a similar positive trend.
Polkadot has over 600,000 active accounts.
Analysis of Polkadot’s active account data shows that the total number of active accounts in the ecosystem has surpassed 605,000.
In particular, Moonbeam provided the most active addresses, with over 248,000. This figure marks the network’s all-time high, surpassing the previous record of about 516,000 set in January.
But by February, that number had fallen to about 419,000.
Polkadot also achieved a new record in the number of unique accounts. The number of unique accounts exceeded 5.59 million by the end of March, surpassing the previous figure of about 5.53 million in February, according to data analysis.
This milestone marks a new all-time high for the platform.
Polkadot trading falls
Despite the increase in unique and active accounts on Polkadot, the number of transactions has not yet increased correspondingly. Analysis of transaction data showed a slight increase compared to February.
The number of transactions increased from about 10.8 million the previous month to about 11.5 million.
However, both figures remain well below the 31.7 million transactions recorded in December, a high that the network has yet to replicate since then.
DOT holds $9.
At the end of the trading session on April 8, the price of Polkadot (DOT) was up 3.9%. This raised the price from about $8.70 to $9.05. This marked the first notable positive move by DOT in two weeks.
Source: TradingView
Realistic or not, the DOT market cap in BTC terms is:
The price of DOT was poised to stabilize in the $9 range after falling from previous highs of over $11. However, the recession that began on April 1 pushed prices into this range.
At the time of this writing, DOT is trading around $9.03 and has experienced a marginal decline of less than 1%.