Dot market cap declines as critics raise concerns over ecosystem traction

Polkadot’s transaction activity fell 36.9% to 137.1 million in Q1 2025. Networks such as Moonbeam and Peaq showed resilience, proving positive growth amid a broader decline. However, the number of active addresses decreased by 13.1%.

Polkadot’s market cap dropped from around 8 billion USD to 6.1 billion USD by March 2025. Critics argue that its performance doesn’t match the expectations created by industry hype, leading to comments about its viability as a significant player.

Ripple’s ongoing legal struggles with the SEC have concluded, as both parties withdrew their appeals. Ripple’s CEO remarked on focusing on the future, stating that XRP’s legal status as a non-security remains intact.