Polkadot Terjun 12% Meski Didukung Institusi dan Terobosan Akademis
Polkadot Plunges 12% as Bulls Retreat Despite  Growing Institutional Backing and Academic Breakthroughs https://cryptonews.com/news/polkadot-price-falls-12-despite-etf-momentum/

Polkadot Plunges 12% as Bulls Retreat Despite Growing Institutional Backing and Academic Breakthroughs

Polkadot (DOT) has experienced a sharp decline of 12% this past week, bucking the market trend despite growing interest from ETFs and its incorporation into educational platforms. On-chain metrics show a drop in network activity, with active addresses decreasing by over 18% in the past 30 days and trading volume falling by 24%.

However, open interest in Polkadot futures has climbed back towards $300 million, indicating that some market participants are positioning for possible price fluctuations or short-term movement.

Institutional filings and academic partnerships have attempted to bolster confidence in the network. Grayscale Investments has submitted a filing with the US Securities and Exchange Commission (SEC) to list a Polkadot ETF on Nasdaq, while 21Shares has named Coinbase as the custodian for its planned Polkadot ETF on the Cboe BZX Exchange.

Additionally, Polkadot has partnered with Switzerland's Lucerne University of Applied Sciences and Arts (HSLU) to bring top-tier blockchain education into the academic world.

The technical chart suggests a potential rebound attempt, with DOT bouncing back slightly and stabilizing near $3.51, close to a previously active support zone.