Polkadot Recovers 43 Percent Amid Stablecoin Vote
Polkadot (DOT)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that Polkadot’s price reached $1.26 on September 26, 2026, marking a 43.2 percent increase over the previous 30 days. This rally is driven by governance activity rather than speculation, specifically the community’s OpenGov procedure on Referendum 1944. Since September 8, participants have been voting on a proposal to introduce a native stablecoin called dotUSD.
Additionally, a United States exchange-traded product has held DOT since March and stakes a portion of its holdings. Despite this recent gain, the token remains down 67.8 percent over the last twelve months. It is also 97.7 percent below its all-time high of $54.98 set on November 4, 2021.
The source emphasizes that this rise represents a recovery from a low base rather than a breakout. A previous analysis from August 12, 2026, regarding whether Polkadot is a good buy has since been overtaken by current price levels.
How the market reacted
Whalio's own Binance spot order flow for DOT, measured when this story was written up on 27 September 2026. Not the outlet's figures.
Whalio spot data shows the price at $1.24 with a 24-hour buy ratio of 52.2 percent, indicating a slight majority of buyers over the full day. However, shorter timeframes show less conviction, with the 1-hour buy ratio at 48.1 percent and the 4-hour ratio at 49.5 percent. The 24-hour volume delta is positive at $766,903, suggesting net accumulation over the day. In contrast, the 1-hour and 4-hour volume deltas are negative at -$9,258 and -$12,700 respectively, showing immediate selling pressure. CVD closed at +$361,379, confirming that buying pressure built over the session but faded in the most recent hour. This pattern suggests that while the day saw net buying, the immediate momentum is weakening.
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 49.1 percent, making the current 24-hour ratio of 52.2 percent an increase of 3.1 points. Spot volume for the day was $17,276,924, which is 1.21 times the weekly average, indicating unusually high activity. The price changed by +10.6 percent over the eight-day period, with a total volume delta of -$853,591. This negative weekly delta contrasts with the positive daily delta, showing that recent buying has not yet offset earlier outflows. Only two of the seven days saw net buying, suggesting this is an unusual day of relative strength amidst a generally mixed week.