Polkadot: Will this ‘upgrade plan’ help DOT rally in near-term

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Polkadot: Will this ‘upgrade plan’ help DOT rally in near-term
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Polkadot published a tweet on their Twitter page in which they highlighted various proposals that were focused on big network enhancements that were going to be implemented in the near future. In their official statement, they went into detail about further features that members of the network may expect to see implemented in the coming […]

on their Twitter page in which they highlighted various proposals that were focused on big network enhancements that were going to be implemented in the near future.statement, they went into detail about further features that members of the network may expect to see implemented in the coming days.The network is implementing Asynchronous Backing in an effort to decrease block duration and improve finality.

The group also proposed replacing the council and technical committees with the Polkadot Fellowship and subjecting all community decisions to referendums.An examination of Santiment’s development metric revealed a very busy period of development . Developers are clearly putting forth the effort, and more features will likely be released soon.

In the same time frame, it traded as low as $6.25, down 1.55%. Well, the token was trading at a loss of about 1%, at the time of writing. As per the graph, there has been little in the way of decisive upward or downward movement recently, and movement has largely been sideways.By and large, the DOT market is exhibiting bearish momentum as measured by the Relative Strength Index and the Directional Movement Index .

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