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Polkadot [DOT] Ecosystem’s Weekly Digest and Everything Latest

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. 

5 Best Cryptocurrencies To Buy in February 2023

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.
5 Best Cryptocurrencies To Buy in February 2023

Polkadot Retests Important Support Level, Should You Buy the Dip

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 Enhances Cross-Chain Abilities Between Its Blockchains

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

DOT Investors can be in a State of Frenzy Despite Polkadot’s Latest Achievements

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)

Crypto Market Cap Taps $1 Trillion As Solana, Polkadot Explode Double Digits

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.

Biggest Movers: AVAX 22% Higher, as DOT Nears 1-Month High

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.

What Is Layer 0 in Blockchain?

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.
What Is Layer 0 in Blockchain?

Polkadot’s Q4 Report Highlights Web3’s Accelerated Growth & Innovation

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 Switches From Polkadot to Cosmos for Web3 Development

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.