Polkadot Aligns With Scarcity-Driven Models, DOT Eyes $5

• Polkadot introduced a permanent supply cap of 2.1 billion DOT through Referendum 1710.
• The new model will gradually reduce token issuance, targeting 1.91 billion supply by 2040.
• DOT price consolidates near $4.40, with resistance at $4.58 and support around $4.24.

Polkadot’s community has voted to cap DOT supply at 2.1 billion tokens after passing Referendum #1710 with 81% support. The change marks the end of Polkadot’s inflationary model and aligns the network with scarcity-driven economics that have supported long-term value in assets like Bitcoin.

DOT traded around $4.20 following the decision, up nearly 5% on the week, according to CoinMarketCap. With a market cap of about $7 billion, Polkadot ranks 24th among digital assets..

A Shift Away From Unlimited Inflation

Under the old model, Polkadot minted roughly 120 million new tokens each year to pay stak…

Read The Full Article Polkadot Aligns With Scarcity-Driven Models, DOT Eyes $5 On Coin Edition.