Polkadot near record low, launches developer devnet and staking upgrades

In June 2026 Polkadot fell to a fresh all‑time low of $0.7993, the lowest level since its launch, according to CoinGecko data tracked by MEXC. The token steadied near $0.82 after a public Products Devnet was launched on July 23, allowing developers to test new features without using real funds.

Two staking referenda went live on July 6, removing nominator slashing and shortening the unbonding period to under 48 hours. These upgrades have helped the price recover, with Polkadot trading around $0.82, about 98 % below its November 2021 high of $55. Analysts project a base‑case range of $0.80‑$0.95 for July, with a bull case up to $1.10‑$1.20 if the token reclaims the $1.00 level.