The cross-chain bridge was just hacked for 2.5 million USD, and the price immediately fell to 1.15; beginners were scared and panicked. But there’s a reversal—price rebounded 2.3% within 24 hours, the 7-period EMA has already broken above the 25-period EMA, and short-term bullish signals have appeared. Developers are still working hard to develop Polkadot 2.0, the JAM supercomputer, inflation cut from 7% to 3%, just like a “half reduction”—so what about the price? Far from the all-time high of 55 dollars, down 97%, like a dead dog


First look at the surface: the bridge was breached, panic came
April 13, the Hyperbridge cross-chain bridge was hacked by hackers and 2.5 million USD was stolen; as soon as the news came out, DOT immediately fell to 1.15 dollars. What was the first reaction from beginners? “It’s over, the network isn’t safe—run!” But what’s the reality? Only the wrapped DOT version connected to the network was hacked; the original Polkadot network, parachains, staking—all remain intact
The first thing: Tokenomics was massively changed, like a “halving”
On March 14, the total DOT supply was locked at 210 million; the annual issuance amount of 120 million was cut to 56.88 million, a reduction of 53.6%. The inflation rate immediately dropped from 7-10% to around 3%. Bitcoin’s halving can rise multiple times over—this time it’s DOT’s “hidden halving.” Why don’t you see it?
The second thing: Polkadot 2.0 has been launched
Agile Coretime—developers no longer need to rent parachain slots at expensive prices; pay according to needs, buy when used. Asynchronous Backing—transaction speed increases by 8 times. XCM v3 cross-chain is already mature. There’s also the JAM protocol—its target is to become a decentralized supercomputer; AI, games, and high-performance applications will all be supported
The third thing: institutions quietly move in
On March 6, 21Shares launched the first physical DOT ETF on NASDAQ, in the US. Yes, in the US—NASDAQ—the physical ETF. At the same time, MOVR rose 202%, GLMR rose 48%, and tokens in the ecosystem began to move; funds flowed from BTC, ETH into high-quality Layer0
On one side, panic from the bridge incident and panic selling at 1.15
On the other side, inflation was cut in half, Polkadot 2.0 was launched, ETFs entered, and smart money quietly accumulated
Key position at 1.31—the line that separates bullish and bearish
Short-term traders: 1.28-1.32 confirms support during the rebound, target 1.50; if it breaks through, look at 1.64; stop loss at 1.15
Long-term investors: this is the time to build strategic positions. Enter gradually at 1.20-1.30, total position of 5-8%. Then stake to get 15% annual returns—relax and wait for momentum. Mid-term range 2.00-2.50; if a bull market comes, 3.00+ is not a dream
DOT-3.08%
MOVR-32.56%
GLMR-22.03%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin