Will Polkadot (DOT) price reverse course now that cross-chain messaging is live? By Cointelegraph

Will Polkadot (DOT) price reverse course now that cross-chain messaging is live?

Cryptocurrency May 08, 2022 03:20PM ET

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Will Polkadot (DOT) price reverse course now that cross-chain messaging is live?

Development within the Polkadot (DOT) ecosystem has been slowly unfolding over the past year and a half, and the work put in by developers is finally starting to bear fruit as parachain auctions finish and the first chains launch on the mainnet.

The next phase of interoperability within the ecosystem is set to kick off now that cross-chain functionality is about to go live. This next step will allow Polkadot-based parachains to communicate with each other and transfer assets between chains.

DOT/USDT 1-day chart. Source: TradingView

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Will Polkadot (DOT) price reverse course now that cross-chain messaging is live?

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