Polkadot is a great Defi project in my opinion, and one that has the potential to replicate in the Defi space the same type of influence that ethereum has in the smart contracts space.
Thr Polkadot blockchain is like a robust network that allows the integration and combination of different Defi platforms such that real life-like financial services can be gotten through the blockchain.
This makes it very valuable in my opinion and its tokens price relatively very much undervalued
I do not know what is going to happen with it, I know it has a huge potential and could be "hub of all defi" type of deal, but they are really losing a war against BNB as well at the time, if Dot can find a ton of projects and list them there and basically do what they promise they will do, the price of Dot could go higher and there will be a lot of interest to it, but if they fail to do any of that, BNB is basically going higher and higher constantly because the BSC basically taking all the potential customers away from ETH and DOT into their own system.
I am not saying that Dot will fail or anything, all I am saying is that there is a good amount of possibility that Dot could go up and be very valuable but in order to worth a lot, and by the looks of it they are not fast enough, and by being slow to improve and grow bigger, they are in danger of not being cared by investors.