Polkadot price rises 19% amid spike in network activity

Polkadot (DOT) has experienced a significant price rally, increasing approximately 19% in a single week. This surge coincides with a 150% spike in daily network activity, much of which was driven within the Polkadot Products Devnet environment.

Despite the recent upward momentum and bullish signals on daily timeframes, analysts note that the asset remains within a broader long-term downtrend that began in mid-2025. Key resistance levels sit at $1 and $1.38. While some technical indicators suggest a potential shift toward a bullish market phase following a long period of sideways trading, others advise caution due to previous negative sentiment, such as Grayscale’s decision not to proceed with a proposed Polkadot ETF.