$DOT is up 3.46% on the week at $1.22, and the reason I care is the boring one: Polkadot stopped auctioning parachain slots and started renting blockspace.
That's the BSC News framing, and I buy it. A rental model means a project pays for the blockspace it uses. It doesn't have to win an auction to get a seat. That's a business model, not a lottery.
The same feed shows a restructure of staking parameters and a public Products Devnet for testing future features. Plenty is shipping. The open question is whether anyone rents the blockspace, and I think the tape is already leaning yes.
$DOT trades at $1.22 right now, inside a 24h range of $1.16 to $1.24. If it holds $1.16, I think it pushes through $1.24 and keeps climbing. If it loses $1.16, I'm wrong on this and there's nothing to defend. Anyone long gives back the whole day's range for nothing.
Holding $1.16 or losing it?
follow me for more calls like this.
That's the BSC News framing, and I buy it. A rental model means a project pays for the blockspace it uses. It doesn't have to win an auction to get a seat. That's a business model, not a lottery.
The same feed shows a restructure of staking parameters and a public Products Devnet for testing future features. Plenty is shipping. The open question is whether anyone rents the blockspace, and I think the tape is already leaning yes.
$DOT trades at $1.22 right now, inside a 24h range of $1.16 to $1.24. If it holds $1.16, I think it pushes through $1.24 and keeps climbing. If it loses $1.16, I'm wrong on this and there's nothing to defend. Anyone long gives back the whole day's range for nothing.
Holding $1.16 or losing it?
follow me for more calls like this.
