Polkadot Rises 4% as Crypto Markets Stabilize

• DOT climbed from $2.13 to $2.21 in the last 24 hours.
• An exceptional volume surge of 15.89M tokens drove a breakout attempt before momentum faded.
• The token consolidated around the $2.19-$2.20 zone with resistance capping gains near $2.39.

Polkadot gained 4% to $2.21 during the last 24 hours.

The move occurred following a sharp volume spike that drove DOT from $2.12 to session highs of $2.39, according to CoinDesk Research's technical analysis model.

The model showed that trading volumes surged 284% above the moving average during the breakout phase before declining as prices settled back toward $2.20.

The token demonstrated measured institutional participation rather than aggressive accumulation, the model said.

Overall 24-hour volumes ran 31% below weekly averages despite the intraday volatility, indicating selective rather than broad-based buying interest across the session, according to the model.

DOT's performance tracked broader cryptocurrency market dynamics with minimal divergence from sector sentiment.

The broader market gauge, the CoinDesk 20 index, was 2.4% higher at publication time.

Technical Analysis:

• Primary support confirmed at $2.19 with aggressive institutional buying on dips
• Resistance at $2.39 near the session peaks
• Current range of $0.20 represents 8.9% trading bandwidth indicating elevated volatility
• Exceptional spike to 15.89 million tokens during breakout phase versus 2.81 million average
• V-shaped recovery pattern confirms buyer presence at support levels
• Range compression around $2.19-$2.20 establishes near-term consolidation
• Higher lows structure maintains constructive technical bias
• Downside risk contained near $2.19 support level
• Upside targets remain at $2.39 resistance pending volume confirmation

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

• As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
• GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
• Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

• XLM gained 0.85% to $0.251 while underperforming broader crypto market by 0.45%.
• Trading volume spiked 19.36% above 7-day average, signaling institutional interest.
• Price established volatile consolidation pattern with $0.25 emerging as key support.

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