Polkadot rallies on stablecoin vote and security ranking
Polkadot (DOT)
Editor:
Eugene Serbin
tradersunion.com reports that Polkadot (DOT) has surged 7.11% in the last 24 hours to trade at $1.16. This upward momentum is largely driven by strong support for Referendum 1944, which proposes a network-native stablecoin called dotUSD to improve liquidity. Simultaneously, Chainspect ranked Polkadot as the most secure major blockchain on September 17, 2026.
This security assessment highlights over 600 active nodes and a staked value of $936.6 million. The asset is currently trading above its short- and long-term moving averages, including the MA-20, MA-50, and MA-200. Technical indicators show MACD in Strong Buy mode, while the Ichimoku Kijun level at $1.127 provides immediate support.
Bull/Bear Power indicates strong buyer dominance during this high-volatility session. Analysts note that robust ecosystem developments and leading decentralization position DOT for continued strength. The baseline outlook suggests consolidation within a $1.08 to $1.213 volatility band over the next few days.
A break above $1.213 resistance is the key bullish scenario to monitor. If the price falls below $1.127, attention will shift to the lower end of the forecasted range.
How the market reacted
Whalio's own Binance spot order flow for DOT, measured when this story was written up on 21 September 2026. Not the outlet's figures.
Whalio spot data shows DOT trading at $1.14, with a 1-hour buy ratio of 56.3% contrasting against a 4-hour ratio of 47.0%. The 24-hour buy ratio sits at 49.1%, indicating that short-term buying pressure is stronger than the broader recent trend. Volume delta reflects this intraday strength with a positive $131,189 in the last hour, though the 4-hour and 24-hour deltas are negative at -$74,487 and -$264,291 respectively. Cumulative Volume Delta closed at +$546,713 over 24 hours, with net buying occurring in 13 of the last 24 hours. These metrics suggest that while immediate buying is active, the broader 24-hour flow has seen more selling than buying. The positive 1-hour delta and high buy ratio indicate a temporary shift toward buyer dominance in the current session.
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 average buy ratio was 49.0%, making the current 24-hour ratio of 49.1% nearly identical to the weekly norm. However, spot volume for the day reached $15,785,288, which is 1.50 times the weekly average volume. This elevated activity occurred despite only 2 of the past 7 days showing net buying. The 8-day price change was +13.6%, yet the total volume delta for that period was -$1,867,848. This context suggests that while trading activity is unusually high, the underlying net flow over the week has been predominantly negative.