News

PANews reported on February 8th, according to Messari's Polkadot Q4 2024 report, Polkadot's Q4 transaction volume reached 60 million, a year-on-year increase of 200%, mainly driven by Rollups such as Neuroweb and Frequency. Cross-chain interoperability has improved, with Snowbridge (Polkadot-Ethereum Bridge) TVL exceeding $70 million. Hyperbridge supports the transfer of multi-chain assets such as Ethereum, Optimism, Arbitrum. The Kusama network stress test "The Spammening" reached 143,343 TPS and is expected to reach up to 623,000 TPS at full load showing high scalability. DOT market value increased by 71% to $1.64 billion and trading fees tripled. In terms of governance, OpenGov enhances decentralization; referendum activity has greatly increased; important proposals include expanding the number of validators to 500 and setting an annual inflation rate of 120 million DOT. In terms of technical upgrades, Polkadot 2.0 is progressing smoothly; Elastic Scaling will be launched in Q1 of 2025; JAM technology development is advancing supporting Ethereum-compatible smart contracts.

ChainCatcher News, data from QuestMobile shows that on January 28th, DeepSeek's daily active users surpassed DouBao for the first time. Then on February 1st, it broke through the major milestone of 30 million users, becoming the fastest app in history to achieve this milestone.