Polkadot’s native token DOT slid about 4.5% over the past 24 hours, slipping from $1.7655 to roughly $1.75 and underperforming the broader crypto market. By comparison, the CoinDesk 20 index was down about 2.5% at publication. CoinDesk Research’s technical-analysis model points to unusually thin trading — volume was roughly 9% below the 30‑day average — suggesting a lack of institutional participation that typically sustains larger moves. The model also found that capital is rotating into higher‑momentum assets, leaving DOT relatively weak versus the broader crypto complex. That divergence comes despite recent ecosystem developments for Polkadot; the model indicates investors are waiting for clearer catalysts before committing larger positions. With fundamental drivers largely absent, technical factors have taken over price action, and DOT is now testing key support around current levels. Disclaimer: Portions of this article were generated with the assistance of AI tools and reviewed by our editorial team for accuracy and compliance with CoinDesk’s editorial standards. Read more AI-generated news on: undefined/news

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