Polkadot on the ground: How the “Ethereum killer” plans a comeback

In this article you will learn:

  • How Polkadot went from Ethereum killer to problem child
  • What factors triggered the price drop to a new all-time low
  • How the 2.0 relaunch will reposition the network technically and strategically

A few years ago, Polkadot was considered one of the most promising “Ethereum killers”: the future backbone of Web 3. With concepts like parachains, relay chains, and shared security, the architecture was seen as a blueprint for future blockchain designs. However, the hype has since faded. While other ecosystems have gained popularity, Polkadot is increasingly fading into the background. This is symbolized by a gradual decline in its price, which recently culminated in a new all-time low. But hope, as we all know, dies last: a radical 2.0 relaunch is scheduled for 2025 to put many things back on track. The key question, however, is: Is that enough?

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