|Market Cap||Volume||Available Supply|
|$43.63 B||$2.05 B||981.12 M DOT|
Polkadot has a market cap of $43.63 B. Its price is 2.27% up in the last 24 hours.
Polkadot is a next-generation blockchain protocol connecting multiple specialized blockchains into one unified network. Designed as part of a broad vision for a web that returns control to individuals over internet monopolies, Polkadot builds on the revolutionary promise of previous blockchain networks while offering several fundamental advantages.
Blockchains in isolation can only process a limited amount of traffic. Polkadot is a sharded multichain network, meaning it can process many transactions on several chains in parallel, eliminating the bottlenecks that occurred on legacy networks that processed transactions one-by-one. This parallel processing power significantly improves scalability and creates the right conditions for increased adoption and future growth. Sharded chains connected to Polkadot are called “parachains” because they run on the network in parallel.
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