#Polkadot DOT Price News Today 16-12-2025 - Polkadot Elliott Wave Price Technical Analysis, Price Update. Video by More #Crypto Online.
Polkadot (DOT) is a multi-chain blockchain protocol that enables different blockchains to connect and exchange data and assets, solving the problem of blockchain isolation for a more scalable, interoperable Web3. Its native token, DOT, is used for network governance, staking (securing the network), and paying transaction fees, supporting features like parallel processing via "parachains" for speed. Founded by Gavin Wood (Ethereum co-founder), it aims to create a decentralized web where independent chains can interact trustlessly.
In essence:
Polkadot acts as a "bridge" for different blockchains, allowing them to work together efficiently, securely, and at scale, fostering a more connected decentralized internet.
Start Trading Polkadot >>
