Polkadot Remains Flat at $1.09 as Major Cryptocurrencies Decline
Polkadot showed relative price stability over the week despite sharp sell-offs across major tokens like Ethereum and Solana.
Polkadot held virtually flat with a 0.02% weekly gain to trade at $1.09 in the week leading up to October 15, 2026, according to a report from 24/7 Wall St. Over the same timeframe, major assets such as Ethereum and Solana recorded drops of 7.7% and 10.3%, respectively.
Despite outperforming declining large-cap tokens during the week, Polkadot remains roughly 98% below its November 2021 all-time peak. The article notes that holding steady does not indicate an influx of buyers, pointing out that the token fell 3.6% on the final day of the period in line with short-term market movements.
The analysis suggests Polkadot avoided the forced selling and cascading liquidations seen elsewhere because heavily leveraged traders had already exited during its prolonged downturn. While seller exhaustion provided price stability, the report found no clear evidence of new buyers entering the market.
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