Polkadot and its native cryptocurrency, DOT, have overtaken Bitcoin Cash (BCH) as the sixth largest cryptocurrency by market cap.
According to CoinGecko, a cryptocurrency market capitalization aggregator, Polkadot has a market cap of $7.63 billion. It now ranks sixth by market cap, compared to Bitcoin Cash’s $6.35 billion market cap. What has many impressed is the short time frame it took for Polkadot to reach this level. Polkadot is less than a year old.
While Polkadot was hitting this milestone, co-founder Gavin Wood released an updated road map for the new year. Wood also included a variety of statistics on the growth of the network and its successes. More than 200 projects have been funded using DOT grant programs and the DOT treasury. Over 1 billion DOT accounting for 63 percent of the coin’s circulating supply is staked on the network.
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