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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
DOT (Polkadot) has risen 2.31% in the last 24 hours.
Gate News Bot News, September 17, according to CoinMarketCap data, as of the time of writing, DOT (Polkadot) is currently priced at $4.25, with a rise of 2.31% in the last 24 hours, peaking at $4.62 and dropping to a low of $4.06. The 24-hour volume reached $323 million. The current market capitalization is approximately $6.878 billion, an increase of $156 million compared to yesterday.
Polkadot is the most scalable, secure, and resilient blockchain platform, designed for builders who push the boundaries and demand true ownership from users. Built for mass adoption, Polkadot brings Web3 to the world.
Important recent news about DOT:
1️⃣ Polkadot officially enters the 2.0 era Polkadot has passed the 1721 referendum, marking the platform's official entry into the 2.0 era. The new version will eliminate slot auctions and introduce a flexible scalability model, providing developers with a more adaptable way to enter. This significant upgrade is expected to lower the development threshold, attracting more projects to join the Polkadot ecosystem, thereby potentially driving DOT price rise.
2️⃣ The total supply limit of DOT tokens is set at 2.1 billion The Polkadot DAO passed the proposal to set the total supply cap of DOT at 2.1 billion with an 81% approval rate. This decision will replace the previous unlimited issuance model and will gradually slow down the issuance pace in the future. This deflationary policy may increase the scarcity of DOT and support its long-term value.
3️⃣ Polkadot Hub rise plan is about to launch The growth plan for Polkadot Hub is expected to launch in the first quarter of 2026, at which point the inflation rate of DOT will be reduced to 3.1%. The implementation of this plan may further optimize DOT's economic model, providing assurance for its value stability.
From a technical perspective, the DOT price has broken through the 4-dollar mark, showing a rise momentum. On the fundamental side, the launch of Polkadot 2.0 and the optimization of the token economic model have laid the foundation for the long-term development of DOT. However, investors still need to closely monitor market changes and assess potential risks.
This message is not intended as investment advice; investors should be aware of market volatility risks.