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422d 2h ago

Polkadot 2.0 Set for Q1 2025 Release: Elastic Scaling Testing Underway on Kusama

DOT

DOT/USDT

$1.966
+0.92%
24h Volume

$83,955,951.94

24h H/L

$1.984 / $1.905

Change: $0.0790 (4.15%)

Long/Short
66.8%
Long: 66.8%Short: 33.2%
Funding Rate

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Longs pay

Data provided by COINOTAG DATALive data
Polkadot
Polkadot
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Resistance Levels
Resistance 3$2.593
Resistance 2$2.3728
Resistance 1$2.0539
Price$1.968
Support 1$1.9064
Support 2$1.7845
Support 3$1.653
Pivot (PP):$1.9533
Trend:Downtrend
RSI (14):45.4

According to recent updates from COINOTAG News, November 29 marks a significant milestone for the blockchain landscape. Parity Technologies has announced that the Elastic Scaling feature, an integral component of the anticipated Polkadot 2.0, is currently in the preliminary testing phase on the Kusama network. The full launch of Polkadot 2.0 is projected for the first quarter of 2025, promising enhanced scalability and efficiency across its ecosystem. Elastic Scaling is designed to allow distinct parachains to optimize their performance by leveraging multiple cores, significantly improving network throughput. This innovation is expected to solidify Polkadot’s position as a leader in the blockchain sector, delivering the flexibility and operational capability demanded by today’s digital economy.

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