Despite the broader market downturns, Polkadot’s ecosystem continues to show robust growth and resilience. In June, the number of transactions on the network surged by 33%, reaching 16 million. The total number of unique addresses has now surpassed 7 million, highlighting the expanding user base and increased network activity. Polkadot’s treasury currently holds an impressive $167 million, underscoring the network’s strong financial health. Although the price of DOT briefly dipped below $5, it quickly rebounded to $5.79. This recovery was partly driven by whale activity, with large holders purchasing 2.6 million DOT for staking. Despite market downturns, Polkadot’s ecosystem thrives!
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