Polkadot is aiming to increase interoperability in the blockchain. It enables the transfer of data between blockchain networks that are incompatible. It can also handle a large number of transactions thanks to the sharding mechanism.
Year 2022 for Polkadot
Polkadot (DOT) has not been particularly active this year. The native token has declined by 80%, over the former year. There is quiet a ton of potential in this currency.
If Polkadot is open to adoptions and uses along with its growing popularity with parachains. The network will experience an increase in sentimental values and volume. This could push the dot coin to close its trade. According to Coinpedia polkadot price prediction 2023 will be $7.6845.
Polkadot has joined forces with Chainlink to enable the permanent storage of real-world data in a blockchain ledger. With new events and news we can expect a surge in Polkadot prices. Hope this altcoin investment are going to be perfect for 2023.