Polkadot, the innovative blockchain platform known for enabling different blockchains to transfer messages and value in a trust-free fashion, has recently demonstrated resilience by holding key support levels in the market. This stability has resulted in an impressive 4% rebound in its price, which can be attributed to a surge in strong institutional interest. As more institutional investors recognize the potential of Polkadot’s unique features and its ability to facilitate interoperability among various blockchains, they are increasing their investments, further bolstering market confidence and contributing to the price recovery.
source: https://blocknews.com/polkadot-holds-key-support-stages-4-rebound-amid-strong-institutional-interest/