Polkadot rallies 12% on ETF inflows and stablecoin governance
Polkadot (DOT)
Editor:
Eugene Serbin
tradersunion.com reports that Polkadot (DOT) posted a double-digit rally of over 12% for the week, holding near $1.13 as institutional interest returned. Momentum was driven by renewed engagement, with inflows into the 21Shares Polkadot ETF (TDOT) reaching $663,000 in September after two quiet months. Governance passed Referendum 1944 with 97.5% approval, allocating $5 million for dotUSD, a native stablecoin with reserves sourced from USDT and an associated DOT/dotUSD pool.
On-chain activity climbed significantly, with monthly active addresses doubling and trading volumes up 116%. Chainspect and TechBullion ranked DOT the most secure major blockchain, reflecting increasing adoption and confidence. The daily chart shows a sustained move higher with a firm trend, supported by volatility at 15.3%.
Both MACD (0.083, buy) and ADX (30.258, buy) signal bullish momentum, while the structure holds above the MA-200. Resistance is defined by the weekly high at $1.236, though HMA counters with a sell direction, introducing a minor divergence. Next week, Polkadot is expected to trade within a range of $1.039 to $1.212.
There is a 65% probability of an increase and a 35% probability of a decrease. The base case is for trading within this band, capped by $1.236 resistance and supported by the MA-200 at $1.077. A break above $1.236 would open further upside, while a drop below $1.077 would shift focus to lower support at $1.039.
How the market reacted
Whalio's own Binance spot order flow for DOT, measured when this story was written up on 24 September 2026. Not the outlet's figures.
Whalio data shows Polkadot trading at $1.10 with a 1-hour buy ratio of 54.4% and a 4-hour buy ratio of 52.2%, indicating short-term buying pressure. This contrasts with the 24-hour buy ratio of 46.2%, suggesting that recent buying has outpaced the longer-term average. Volume deltas are positive in the 1-hour (+$21,071) and 4-hour (+$51,346) windows, but negative over 24 hours (-$1,234,648). The 24-hour CVD closed at -$904,208, showing that net selling pressure has dominated the day despite the short-term uptick. Spot volume over 24 hours was $16,094,071 across 107,507 trades. Net buying occurred for 14 of the last 24 hours.
The latest daily buy ratio of 49.7% sits at the 62nd percentile of the last 323 days, against a median of 48.9% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for DOT, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 49.7%, with the latest day showing a 3.5-point decrease from that average. Volume was 1.17x the average, while the price changed by +8.1% over 8 days. The 8-day volume delta total was -$2,146,030, with net buying occurring on only 3 of 7 days. Compared to the 24-hour buy ratio of 46.2%, the weekly average of 49.7% indicates a slightly more balanced historical baseline. The current 1-hour ratio of 54.4% represents a notable deviation from the weekly norm, highlighting a shift in short-term sentiment.