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by: xpoolPosted on: October 12, 2025

Polkadot’s Price Under Pressure as Phala Migrates to Ethereum L2

Polkadot (DOT) faces headwinds, struggling near $3.14 while facing resistance levels around $6.61 and $10.57. Analysts suggest a larger corrective wave ii might be brewing, but the situation remains uncertain. Meanwhile, Phala, a Polkadot parachain, is shifting to Ethereum’s Layer 2 (L2) network for increased scalability and improved enterprise capabilities.

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