The project’s large marketing spending has concerned token holders because it has not led to visible improvements or increased adoption.

By April, the network boasted 650,000 monthly active accounts, marking a record high since the integration of parachains.

The revision promises enhanced scalability and paves the way for a future of distributed computing on the Polkadot network, with a hefty prize pool incentivizing community adoption and development.

Overcollaterized stablecoin project Kensetsu launches on SORA. The team proposes a "proof-of-burn" method for the sign-ups

Circle brings USDC stablecoin to Polkadot's Asset Hub parachain allongside five other blockchains to enable faster, cheaper transactions and multi-chain transfers via the new Cross-Chain Transfer Protocol.

Asynchronous backing, a new scaling upgrade on the Polkadot parachain protocol will be deployed in the coming weeks, opening the doors for new industries to efficiently and flexibly onboard Web3.

Standard Chartered’s digital asset subsidiary has had a busy week, announcing that it will provide institutional support and custody to the Polkadot blockchain, and launching its custodial solutions into the Singapore market for the first time.

Composable Finance extends the reach of its blockchain interoperability tools by connecting Cosmos and Polkadot. Ethereum connection is on the future roadmap.