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Polkadot Price Shows Strength While Attention Builds Ahead of November Event

Polkadot Price Shows Strength While Attention Builds Ahead of November Event

2025-11-02

Polkadot

  • Polkadot shows renewed strength as investor attention increases ahead of the major November event.
  • A sustained break above $3 suggests rising buyer momentum and potential continuation of the bullish trend.
  • Analysts eye higher targets between $5 and $10 if strong momentum continues further.

Polkadot (DOT) is also making headlines once again, with the price showing initial indications of recovery. There is a major event forthcoming, which has brought DOT into the spotlight again, thus enhancing market confidence. Due to the increasing interest and developing base, there is anticipation of a possible breakout.

Polkadot Trending Before Major Event

Growing interest in Polkadot rises as the community awaits upcoming events. According to the news shared by CoinMarketCal, Polkadot is in the Top 10 Trending on social media, meaning there has been a marked increase in community interest. One major reason contributing to this is an important event taking place on November 4, 2025.

Source: X

Polkadot Breaks $3 as Buyer Momentum Builds

Popular crypto analyst CryptoPulse highlighted Polkadot’s successful break above $3, marking the beginning of a stronger foundation. Since DOT was trading sideways for several weeks, holding above this level now suggests a shift in trend control, with buyers gradually taking over.

Source: X

One of the major factors holding hope for the future is the Polkadot technology. The project targets chain interoperability, ensuring that multiple blocks can communicate securely with each other, creating an application built on the security and scalability they achieve together. The more parachains, the stronger the worth of the network.

At the time of writing, DOT is trading at $3.00, with support from the 24-hour trade volume of $246.44 million and the $4.89 billion worth of market capitalization. The current price is up 3.65% over the last 24 hours.

Source: CoinMarketCap

Also Read | Solana ETFs Surge: $44.48M Inflows in 4 Days as Bitcoin & Ether Funds Slide

Polkadot Poised for Major Upside Move Soon

Target pricing levels in the current cycle have started to come into sharper focus, with levels of $5 to $10 being identified if the pace of momentum gathers further support. On risk management, levels of $2.50 have been identified by several analysts.

However, for the long-term investor, the plan is just the same: accumulate gradually and let the plan play out. With growing interest in anticipation of the updates in November and with overall public sentiment in support of the project, DOT is set to position itself in a manner in which a possible recovery is impending in the near term. If the current market sentiment holds, DOT might be on the verge of the next major run.

Also Read | Coinbase Targets $2 Billion BVNK Deal to Lead Global Stablecoin Payments

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