Polkadot [DOT] remains investors’ favorite as its ecosystem and token…

Polkadot [DOT] remains investors’ favorite as its ecosystem and token…

February 8, 2023

By Suzuki Shillsalot

Read Polkadot’s [DOT] Price Prediction 2023-24

Polkadot’s NFT space witnessed growth in the last week

Metrics were in DOT’s support, helping it increase its value

Polkadot [DOT] posted its weekly roundup on 6 February, which mentioned all the notable developments that happened in its ecosystem during the last seven days. The developments were not only confined to Polkadot but also included updates for its parachains and other networks.

A lively week

Polkadot mentioned in the roundup that Stella Swap, Squid, and Axelar network joined forces to bring cross-chain interoperability to the Moonbeam ecosystem. This gave dApps built on Moonbeam access to new cross-chain functionality and improved user experience.

Efinity also made an announcement that added value to Polkadot’s NFT ecosystem. Reportedly, users could create their own NFT collections on Efinity using Polkadot.