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Polkadot (DOT) is showing signs of strength again!
According to the latest CoinMarketCap data (November 10), DOT has increased by 4.23% in the last 24 hours, currently trading near $3.23.
During this period, the price touched a high of $3.52 and a low of $2.36, with a 24-hour trading volume of $357 million.
The market capitalization now stands at $5.276 billion, rising by $214 million since yesterday — placing DOT at #25 globally.
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🔹 Key Updates Driving the Move
1️⃣ Polkadot Network Restored:
All sending, receiving, and staking functions were fully restored on November 6 after a short pause for network migration (Nov 3 – Nov 5).
This successful restoration strengthened network stability and user confidence.
2️⃣ Astar Network’s Coretime Optimization:
The Astar community is proposing to reactivate its Coretime auto-renewal feature on Polkadot, enabling a 28-day automatic renewal for smoother network operation.
This update is expected to reduce manual processes and improve efficiency.
3️⃣ Continuous Parachain Upgrades:
Improvements like these reflect steady innovation within Polkadot’s parachain ecosystem, enhancing performance, interoperability, and long-term sustainability.
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🔹 Market Outlook
From a technical point of view, DOT’s rebound is tied to the full network recovery and ecosystem enhancements.
The restoration and technical progress provide a stronger base for future growth, likely boosting investor confidence.
Support Zone: $2.50 – $2.60
Short-Term Resistance: $3.50 range
If DOT manages to hold above support, the momentum could extend further.