{"id":8676,"date":"2025-08-24T17:03:03","date_gmt":"2025-08-24T17:03:03","guid":{"rendered":"https:\/\/bitunikey.com\/news\/polkadot-price-to-surge-key-vote-advances-ahead-of-jam-upgrade\/"},"modified":"2025-08-24T17:03:21","modified_gmt":"2025-08-24T17:03:21","slug":"polkadot-price-to-surge-key-vote-advances-ahead-of-jam-upgrade","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/polkadot-price-to-surge-key-vote-advances-ahead-of-jam-upgrade\/","title":{"rendered":"Polkadot price to surge? Key vote advances ahead of JAM upgrade"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">The Polkadot price remains in a tight range on Sunday, Aug. 24, as a golden cross pattern formed, and the community voted on its supply and inflation reduction measures.\u00a0<\/p>\n<div id=\"cn-block-summary-block_182414ee048a18260e8119ee61e444be\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Polkadot price could surge as the community leans in the hard cap side.<\/li>\n<li>The network will likely implement the JAM upgrade in 2026.<\/li>\n<li>Technical analysis points to an eventual DOT price rebound.\u00a0<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<h2 class=\"wp-block-heading\">Polkadot community vote continues<\/h2>\n<p>Polkadot (DOT) was trading at the psychological level of $4, up 35% from its lowest point this year.\u00a0<\/p>\n<p>The DOT crypto price has remained in a tight range over the past few days as the community debates its tokenomics. Most of these investors have been frustrated with its weak performance as it hovers near its all-time low.\u00a0<\/p>\n<p>The community is voting on three proposals: hard pressure, soft pressure, and growth pressure. The hard pressure proposal aims to implement a 2.1 billion DOT supply, accompanied by a significant inflation reduction of 53.6%, and a stepped supply schedule commencing in March next year.\u00a0<\/p>\n<p>Its main implication is that it will reduce the current staking yield from 14% to a significantly lower number over time. One concern among its proponents is that stakers typically sell their rewards, creating pressure on the sale of DOT.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The soft pressure proposal suggests a more gradual approach with a higher threshold of 3.14 billion DOT supply. It is seen as a less aggressive approach.\u00a0<\/p>\n<p>The growth proposal suggests a 2.1 billion cap, with a 33% inflation reduction every two years and 50% staking APR cut in this period. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/polkadot.polkassembly.io\/referenda\/1710\" target=\"_blank\">Data shows<\/a> that the hard cap proposal is winning, although this could change towards the end of the vote.\u00a0<\/p>\n<p>The other major catalyst for the Polkadot price is the proposed Join-Accumulate Machine (JAM) upgrade.\u00a0<\/p>\n<p>This upgrade, proposed by Polkadot creator Gavin Wood last year, will evolve from a parachain-focused blockchain into a decentralized supercomputer that supports applications in various industries, such as DeFi.\u00a0<\/p>\n<p>Although the upgrade date has not been announced, it is likely to occur soon now that Wood has returned as CEO.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Polkadot price technical analysis<\/h2>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">DOT price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The daily chart shows that the DOT price formed a double-bottom pattern at $3.256, its lowest levels in April and June this year. Its neckline is at $5.375.\u00a0<\/p>\n<p>The Polkadot price is also about to form a golden cross pattern. As the spread between the 50-day and 200-day Weighted Moving Averages narrows, it signals one of the most popular bullish chart patterns.\u00a0<\/p>\n<p>DOT crypto has also formed a symmetrical triangle whose two lines are about to converge. Therefore, the most likely scenario is where it stages a strong comeback, potentially to $5.374, its highest swing in May.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Polkadot price remains in a tight range on Sunday, Aug. 24, as a golden cross pattern formed, and the community voted on its supply and inflation reduction measures.\u00a0 Summary&hellip;<\/p>\n","protected":false},"author":1,"featured_media":569,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8676","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=8676"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8676\/revisions"}],"predecessor-version":[{"id":8677,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8676\/revisions\/8677"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/569"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=8676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=8676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=8676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}