$DOT is the native token of the Polkadot network, founded by Gavin Wood. Polkadot’s purpose is to enable seamless interoperability between blockchains, allowing diverse networks to communicate, share data, and scale efficiently. $DOT powers governance, staking, and network security, making it essential for the ecosystem’s growth and innovation.

Polkadot has a total supply of 1.1 billion $DOT tokens, distributed across staking rewards, treasury allocations, and ecosystem development. This controlled distribution supports network security, incentivizes participation, and maintains long-term scarcity.
From a price perspective, $DOT is forming higher lows while consolidating near key support levels. Buyers are actively accumulating on dips, signaling confidence in the token’s upside potential. Resistance zones are being approached, and a breakout could trigger a significant continuation move.
Looking ahead, expanding parachain adoption, ecosystem growth, and interoperability demand create a bullish narrative. Spot traders can use minor pullbacks as accumulation opportunities. With strong fundamentals and network utility, DOT remains a prime candidate for strategic spot buying ahead of the next growth phase.