Polkadot’s DOT Supply Capped: A Tragicomedy? 🧙‍♂️

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In a twist of fate, Polkadot’s price now presses against a key resistance zone, as the network’s DAO, in a fit of bureaucratic fervor, approved a landmark proposal to cap DOT supply at 2.1 billion. A true tale of modern finance, where even the digital gods must bow to the whims of governance. 🚨

  • The DAO, in a moment of collective delirium, approved Referendum 1710, capping DOT supply at 2.1B. A move that would make even the most seasoned economist raise an eyebrow. 🤯
  • DOT trades at $4.37, up 8% in a week but near key resistance at $4.50. A cliffhanger in the making, or just another crypto rollercoaster? 🎢
  • Derivatives volumes have cooled, signaling reduced speculative activity. A lull in the storm, or the calm before the next crash? ⛈️

At the time of writing, Polkadot was down 0.7% over the previous day, trading at $4.37. Despite the dip, DOT has clawed back 8% in a week, 11% in a month, yet still lags 92% behind its 2021 peak. A true testament to the resilience of digital assets-or perhaps the persistence of hope. 💸

Polkadot’s (DOT) trading volume over the past 24 hours is $235.3 million, which represents a 51.5% decrease from the day before and indicates a slowdown in market activity. Coinglass data shows that open interest dropped 2.35% to $605 million, while derivatives volume dropped 43% to $446.5 million. A silent retreat, as traders retreat from the chaos. 📉

This indicates that although overall interest in DOT futures is still high, traders are lowering speculative positions in response to recent volatility. A dance of caution, where even the boldest investors tread lightly. 🕵️‍♂️

A new chapter for DOT supply

In a major governance milestone, the Polkadot DAO approved Referendum 1710 on Sept. 14, with 81% voting in favor of introducing a hard supply cap of 2.1 billion DOT. A decision that has the crypto world whispering, “What madness is this?” 🤐

🚨 DOT supply → capped at 2.1 Billion 🚨

The Polkadot DAO has signaled support for a hard cap, by passing Referendum 1710 on the “Wish For Change” track, with 81% in favor.

Today ⤵️

→ 1.6 Billion DOT exist
→ 120M DOT/year minted each year
→ No supply cap

What Ref. 1710…

– Polkadot (@Polkadot) September 14, 2025

Until now, the network minted roughly 120 million new DOT each year, around 10% inflation, with no ceiling on total supply. Under the new plan, issuance will step down every two years on March 14, eventually limiting supply to under 2 billion by 2040. A slow, deliberate descent into scarcity, as if the cosmos itself has set the terms. 🌌

The move gives a token that has always been inflationary by design predictability and scarcity. Although the referendum is not legally binding, it does represent a growing community consensus for stronger fiscal discipline. A rare moment of unity in the chaotic world of crypto. 🤝

Gavin Wood, who recently returned as chief executive officer of Parity Technologies, framed the cap as part of a broader effort to prepare Polkadot for its 2.0 upgrade later this month. The update intends to reduce developer expenses while pushing throughput to new heights with features like Agile Coretime and Elastic Scaling. A digital alchemist’s dream, perhaps? 🧙‍♂️

Polkadot price analysis

DOT is currently testing a resistance level at $4.50, which has been the cap on rallies on multiple occasions in recent weeks. A battleground of hope and despair, where bulls and bears clash in silent combat. 🎭

The majority of moving averages, ranging from the short-term 10-day to the long-term 200-day, continue to support an upward trend, and the MACD has turned positive, suggesting underlying strength. A flicker of optimism in a sea of uncertainty. 🌅

At the same time, the Commodity Channel Index and momentum readings warn of possible pullbacks, which makes the $4.00 level crucial to watch. A line in the sand, where fortunes may be made or lost. 🚧

The next target might be $4.80 or even $5.00 if DOT gains traction. If sellers take control, $3.80 offers a stronger cushion, while $4.00 offers the first layer of support on the downside. A game of chess, where every move is a gamble. 🎲

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2025-09-15 11:11