Polkadot [DOT] recently published the latest edition of its weekly digest, mentioning all the notable developments that happened in the ecosystem in the last seven days. 

Given the strong performance of the majority of assets, Finbold has analyzed the industry thoroughly to determine which cryptocurrencies investors should keep an eye on in February.

Polkadot [DOT] shot past the $5 resistance level last week when Bitcoin [BTC] broke above the $17.6k mark. DOT continued to have a bullish outlook on the higher timeframes. Both the market structure and the momentum favored the buyers on the daily timeframe.

Polkadot has released version 3 of its cross-chain messaging format Cross-Consensus Messaging (XCM), which enhances interoperability between different blockchains in its ecosystem. 

Polkadot [DOT] was in the news again as it managed to gain the #1 rank on this list of cryptocurrencies with the highest Nakamoto Coefficient metric. The Nakamoto Coefficient shows the number of validators (nodes) required to successfully slow down or prevent any particular blockchain from operating as intended. The higher the Nakamoto Coefficient in relation to the total number of validators, the less likely a decentralized blockchain is to be disrupted by collusion. Apart from DOT, Avalanche [AVAX] and Solana [SOL] made it to the top three on the list. (ambcrypto)

The rally from the past two weeks has pushed the cumulative market cap of all crypto assets to above $1 trillion for the first time since the FTX debacle.

Avalanche was one of Thursday’s big gainers, as the token rose by as much as 22% in today’s session. The move came as inflation in the United States fell to 6.5% as markets were expecting. Polkadot was another notable mover, with prices climbing close to a four-week high.

As a foundational layer to blockchain networks and applications, Layer 0 protocols are among many solutions aiming to fix the challenges the industry faces, such as scalability and interoperability.

The Polkadot ($DOT) network says it ended 2022 on a high, reporting multiple key developments that took place in the fourth quarter as well as strong developer momentum. 

Syntropy publishes an official blog post to share the news that it has decided to partner with Cosmos for further development of Web3. The venture is currently working with the Polkadot ecosystem. About certain issues in the process, the team behind Syntopy has decided to switch to Cosmos.

Crypto or blockchain bridges are infrastructure protocols connecting two independent blockchain networks, enabling easy communication between them, thus improving interoperability.

Polkadot’s asset, DOT, could easily fall into the “securities” category. It was used to raise funding for the development of the Polkadot ecosystem many years ago. However, the Web3 Foundation argues that is all in the past. Thanks to the ongoing evolution of the Polkadot ecosystem, its native token now has real utility. In addition, it is part of a broader decentralized ecosystem, resulting in DOT being more akin to “software”.

A tweet on 8 December revealed that&nbsp;<a href="https://ambcrypto.com/polkadots-dot-weekly-roundup-has-these-interesting-insights-for-its-traders/">Polkadot</a> out-competed other networks in terms of ecosystem expansion and development activity. This growth, however, did not translate to the social front as engagements and sentiment for <a href="https://ambcrypto.com/will-dot-continue-walking-on-thin-ice-disregarding-polkadots-milestone/">Polkadot</a> declined.

Polkadot rose to its highest level in nearly two weeks on Dec. 2, despite cryptocurrency markets sliding following the latest nonfarm payrolls report. The global crypto market cap is down 0.57% as of writing, as prices consolidated following the data being released. Uniswap was also higher, despite the turbulent sentiment on Friday.

It came to pass that seven affiliated teams within the Polkadot ecosystem convened in order to make the official announcement that they had come together to form the Polkadot Alliance. Overall, this is an on-chain collective, a factor that will be crucial in the formulation and implementation of a certain set of norms that the concerned community must adhere to.&nbsp;

The <a href="https://ambcrypto.com/could-polkadot-dot-be-the-underdog-coin-that-could-help-your-portfolio/">Polkadot</a> network seems to be concluding November on an interesting note courtesy of its Sub0 conference. The network released an update highlighting some developments that may lay the foundation for its 2023 progress.

Today seven teams from the Polkadot ecosystem announced the formation of the Polkadot Alliance.

Polkadot (DOT), the 11th largest cryptocurrency with an overall valuation of nearly $6 billion, continues to keep its losses in this prevailing crypto winter to minimal levels.

Web3 Foundation is pleased to announce a landmark achievement towards the realization of Web 3.0: the Polkadot blockchain’s native digital asset (DOT) has morphed and is no longer a security. It is software.