Polkadot Trades Little Changed as Crypto Market Consolidates

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Polkadot Trades Little Changed as Crypto Market Consolidates The token has support at $2.09 and resistance in the $2.15-$2.16 zone. By CD Analytics , Will Canny | Edited by Nikhilesh De Dec 9, 2025, 1:39 p.m. Polkadot trades little changed as crypto market consolidates. What to know : DOT slipped 0.2% to $2.13. The token traded within a $2.09-$2.16 range as volume ran 10% above the weekly average. DOT $ 2.1313 posted a very modest decline over the last 24 hours, as the token tracked broader cryptocurrency market flows. The token slipped 0.2% to $2.13. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . DOT slid from $2.16 to $2.12 over the 24-hour period, carving out lower highs within a $0.07 trading band that delivered 3.2% intraday volatility, according to CoinDesk Research's technical analysis model. The broader market gauge, the CoinDesk 20 index, was 1.2% lower at publication time. The model showed that trading volumes stayed within normal ranges, registering just 9.8% above the seven-day moving average. The muted volume profile signals routine market participation without major institutional repositioning or retail momentum driving price action, the model said. The session's heaviest volume hit on December 8 at 20:00 with 5 million tokens changing hands, 80% above the 24-hour moving average, confirming resistance near $2.15 while cementing support around $2.09, according to the model. Technical Analysis: Solid support emerged at $2.09 following institutional buying during intraday collapse; resistance holds at $2.15-$2.16 zone with high-volume rejection 24-hour activity runs 9.8% above weekly baseline, indicating normal participation; major 80% volume spike at resistance validates current range structure Range-bound action between $2.09-$2.16 with momentum fading into close; series of lower highs points to near-term pressure within established boundaries Break above $2.16 resistance opens path to $2.20-$2.25 zone; failure below $2.09 support targets $2.00 psychological level with current setup favoring range strategies. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy . AI Market Insights Polkadot Technical Analysis More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B. View Full Report More For You IREN Raises $2.3B, Repurchases Debt in Balance Sheet Overhaul By James Van Straten , AI Boost | Edited by Sheldon Reback 1 hour ago The bitcoin miner extended maturities, reduced coupon costs and strengthened its capital structure. What to know : IREN completed a refinancing deal involving a $2.3 billion convertible senior notes offering and a $544.3 million repurchase of existing notes. The new notes include $1 billion of 0.25% notes due 2032, $1 billion of 1% notes due 2033, and a $300 million greenshoe allotment. The transactions provided $2.27 billion in net proceeds, reduced IREN's cash coupon burden, and extended its debt maturity profile. 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