Polkadot rally gains traction as 600+ active nodes and $936.6M staked value boost confidence
Polkadot (DOT) is trading at $1.16, having surged 7.11% over the past 24 hours. The asset sits above its short- and long-term moving averages, reflecting a strong position against recent trend levels.
Highlights
- Support for Referendum 1944 proposes a Polkadot-native stablecoin, dotUSD, which could expand platform liquidity and settlement options.
- Polkadot is ranked the most secure major blockchain with over 600 active nodes and $936.6 million in staked value.
- DOT/USD trades with a bullish technical bias, surging 7.11% to $1.16; price is projected to fluctuate between $1.08 and $1.213 over the next few days.
Referendum 1944 support and security ranking fuel bullish sentiment
Momentum in Polkadot is being driven by strong support for Referendum 1944, which proposes the introduction of a network-native stablecoin called dotUSD, potentially enhancing settlement infrastructure and liquidity across the platform, according to Techbullion. In parallel, Polkadot's security credentials have recently been highlighted by Chainspect, which ranks it as the most secure major blockchain as of September 17, 2026, with over 600 active nodes and $936.6 million in staked value noted by Techbullion. The ongoing prioritization of privacy as a core feature in its product messaging further distinguishes Polkadot, strengthening its appeal among users focused on secure and private blockchain solutions.
Bullish momentum persists as oscillators diverge near major supports
On the hourly chart, DOT/USD trades above the MA-20, MA-50, and the long-term MA-200, signaling sustained upward momentum across immediate and intermediate timeframes. The Ichimoku Kijun level at $1.127 serves as immediate support. Among momentum indicators, MACD is in Strong Buy mode and ADX confirms a Buy signal, suggesting pronounced bullish pressure intraday. RSI also points to a Buy, though Stochastic RSI is Oversold and CCI reads Neutral, indicating some divergence among oscillators. Bull/Bear Power signals strong buyer dominance in the current high-volatility session, while the Awesome Oscillator offers a Neutral reading.
Bullish breakout likely as volatility persists within defined range
Over the next two to three trading days, DOT/USD is expected to remain within the $1.08 to $1.213 volatility band. The likelihood of an upward move is classified as very high, while chances of a decline are very low. The baseline outlook calls for continued consolidation in a sideways corridor, with a bullish scenario opening the way for a possible break above $1.213 resistance. If DOT falls below the $1.127 support level, attention will shift toward the lower end of the forecasted range.
Earlier, analysts noted that Polkadot’s robust ecosystem developments and leading network decentralization positioned DOT for continued technical strength. The current outlook further reinforces this view, as DOT sustains upward momentum above multiple key moving averages, making a break above $1.213 resistance the key scenario to monitor in the near term.