Noticed that Polkadot has been recovering pretty well lately. DOT is trading around $1.26, and although that's not as impressive as a month ago, the movement is clearly positive. The market as a whole is expecting something from cryptocurrencies, especially as Bitcoin approaches serious levels.

It turns out that several factors have played a role in Polkadot's performance. First, the halving, which already occurred in March, was supposed to reduce supply. Second, there are constant rumors about spot ETFs for DOT, which could attract institutional investors. If this actually happens, access to the token will become easier, and demand could increase.

Interestingly, technical analysis shows an RSI of about 73, which is usually considered an overbought level. But the price remains above key support levels, and the momentum hasn't broken yet. I'm watching further; there could be more interesting movements.