The altcoin market has experienced a significant recent decline, with major tokens like Cardano and Polkadot falling nearly 70%. Despite Bitcoin and Ethereum maintaining strong trading volumes, the market remains under pressure, with severe overall losses and limited recovery prospects.

Polkadot's token issuance model underwent an upgrade on March 14, with a maximum supply cap set at 2.1 billion tokens, of which approximately 80% has been issued. Simultaneously, the issuance rate was reduced by 53%, with further decreases planned in the future, aimed at optimizing network incentives and token issuance transparency.

The Web3 Foundation announced a strategic realignment on March 7, focusing on Web3 promotion, resource management, and long-term vision, transferring several projects to other teams to ensure healthy ecosystem development.

Gate News Announcement, March 7, Bloomberg senior ETF analyst Eric Balchunas revealed that 21Shares launched its first spot Polkadot ETF in the U.S. market today, with a fee of 0.30% and an initial seed capital of approximately $11 million. 21Shares stated in the product description that the uniqueness of Polkadot lies in its aim to connect multiple independent blockchains into an interoperable network, enabling developers to build and operate their own customized blockchains on it.

21Shares launched the first U.S. spot Polkadot ETF on March 6, with the trading code TDOT. It is listed on Nasdaq, with an initial size of approximately $11 million and a management fee of 0.3%. The fund provides investors with a tool to track the spot price of Polkadot.

Gate News Announcement: On March 6, 21Shares US announced that its Polkadot spot ETF — 21Shares Polkadot ETF — will be listed on NASDAQ.

Gate News Announcement, March 6, 21Shares US announced that its Polkadot Spot ETF—21Shares Polkadot ETF (Stock Ticker: TDOT)—launched today (local time March 6) on Nasdaq.

Web3 Foundation announces strategic realignment, returning to its core mission by focusing on Web3 promotion and resource management, while transferring projects like the JAM Prize to other teams to support community governance and healthy ecosystem development.

Polkadot will implement new changes starting March 12, 2026, including a new DOT issuance model, the introduction of dynamic allocation pools, and adjustments to staking and network security mechanisms. The total supply cap is set at 2.1 billion, and the staking mechanism reform will reduce the unbonding period to 24 to 48 hours.