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• The Dot token from Polkadot has been in a strong downward trend in the past few months.

• There are concerns about the network of the network, since the activity subsides.

• circle has now integrated USDC into its ecosystem.

dab The price has been in a strong downward trend in the past few months due to increasing concerns regarding the ecosystem. The DOT token fell to a low of $ 3.90 last week and was therefore more than 50 % below the maximum level of this year. It has developed worse than other popular coins such as Bitcoin, Tron and Ethereum.

Problems with the polkadot ecosystem

polkadot is one of the leading players in the blockchain industry. The platform developed by a co -founder of Ethereum enables developers to create Paracachas associated with other chains. Paracacas are independent Layer 1 blockchains that overcome the restrictions of other chains.

Over the years, many developers have won parachain slots in the polkadot ecosystem. Some of the most popular polar cadot troubles are Moonbeam, Clover Finance, Efinity, Litry, Astar and Phala Network.

The challenge for Polkadot is that most of his successful parachain has had difficulty gaining a foothold in the past few months. The defi ecosystem is a good way to look at this. A look at Defi Llama shows that Moonbeam with one of the largest players in the Defi area is tvl of only 52.4 million US dollar.