Polkadot (DOT) recently rolled out a new network upgrade, bringing significant changes to the blockchain. With this release, DOT’s development activity surpassed that of other blockchains, highlighting its vibrant ecosystem. Additionally, several new referendums were proposed and are currently being voted upon.
The latest update, Polkadot v0.9.43, introduced two new Runtime migrations. The pallet-message-queue for UMP dispatch and set_locks actually respects the locks of zero. The upgrade’s medium-priority status urged users to promptly upgrade their systems.
Santiment’s data reveal that due to the networks upgrade Polkadot’s active development remained higher than other blockchains, with both Kusama and Polkadot leading in terms of GitHub commits among cryptocurrencies. This demonstrated the strong commitment of the community towards advancing the network.
Furthermore, multiple referendums were initiated. Referendum 18 focuses on upgrading the Polkadot network to v9430, while Referendum 9 aims to re-attempt the Bridge Hub parachain upgrade to runtime v9420. Referendum 3 proposes setting the maximum code size to 3 MiB.
The combination of a network upgrade, robust development activity, and active referendums showcases the continuous progress within the Polkadot ecosystem. As the blockchain evolves and addresses key improvements, DOT investors can anticipate a dynamic and promising future for their investments.
It is worth noting that market conditions are subject to change, and investors are advised to stay informed and exercise caution while making investment decisions.