Polkadot Prices Surge After Elastic Scaling Upgrade Launches

Following the launch of the elastic scaling upgrade on its Kusama network, Polkadot has experienced a significant price surge, reaching $5.10. This price increase coincides with broader market trends and marks Polkadot’s commitment to enhanced performance and scalability. 60% growth in DOT prices is attributed to improved economic conditions, as witnessed by the increased Total Value Locked (TVL) hitting $102.65 million. This upgrade represents a major step towards Polkadot 2.0, with increased throughput and flexible resource allocation driving the network’s potential for long-term growth.