DOT Surges Nearly 4% as Polkadot Gains Strong Upward Momentum

Institutional Demand Boosts Polkadot’s DOT; Bifrost Leads Liquid Staking Market

Polkadot’s DOT has experienced a surge in buying interest from large investors over the past 24 hours, fueled by growing corporate treasury allocations and improved regulatory clarity, according to CoinDesk Research’s latest technical analysis.

The model suggests that DOT’s price action exhibits institutional-level stability, supported by ongoing signs of corporate involvement.

As of July, Bifrost dominates the DOT liquid staking token (LST) market with an 81% share and more than $90 million in total value locked (TVL), based on a recent update on X.

This DOT rally occurred in tandem with gains in the broader crypto market, as the CoinDesk 20 index climbed roughly 2%.

Over the last day, DOT’s price increased by 2.1%, trading near $3.66.

Technical Analysis Summary:

Institutional order flow helped form strong support levels, reflecting corporate investment committee decisions.
Discussions on corporate treasury allocations likely contributed to resistance near critical technical points.
Trading volumes exceeded institutional thresholds during normal corporate trading hours.
After-hours volume spikes matched typical corporate announcement timings.
Periods of reduced volatility indicate phases of institutional accumulation, potentially ahead of enterprise adoption.
Overall, price behavior signals institutional-grade market stability with sustained corporate interest.