• Polkadot (DOT) has risen 8% in the last seven days, according to Coingecko data.
• Polkadot saw new users on-chain peaking on January 6th at 2,126 new users, and also saw gradual increases in revenue.
• Polkadot has over 550 projects running on-chain or being developed on the ecosystem, and has scored major partnerships with Japan phone operator NTT Docomo and video game company Square Enix.

Polkadot (DOT) has been making waves in the crypto market recently, with the token rising 8% in the last seven days according to Coingecko data. This bullish trend follows the ecosystem’s on-chain activity, which saw new users peaking at 2,126 on January 6th. Revenue on the ecosystem also saw a gradual increase, with Polkadot Insider reporting a jump from an average of $671.8 million at the end of December to an average of $709.3 million in the last week.

The Polkadot ecosystem has been making strides in terms of development and partnerships. Currently, there are over 550 projects running on-chain or being developed on the ecosystem, a great feat considering the bear market. Polkadot has also scored major partnerships with Japan phone operator NTT Docomo and video game company Square Enix, which further strengthens the ecosystem’s Web3 infrastructure.

The developments on the Polkadot ecosystem are impressive, however, it remains to be seen whether it will have any major effect on DOT’s price. The token has yet to break through its all-time high of $39.42, which it hit in May 2021.

It is clear that Polkadot is making strides in the crypto industry and is a great project to watch in the coming months. With its bullish trend, on-chain activity, and major partnerships, Polkadot is looking to be one of the major players in the industry.