At the Sub0 Conference of Parity Technologies, Polkadot founders Gavin Wood and Robert Habermeier confirmed that the Polkadot project is now ready to implement parachains, auctions, and crowd loans on its blockchain.

Polkadot’s team has laid out a schedule for Parachain actions, starting November 11. The DOT project that was started five years ago is now nearing completion. The unique layer-1 blockchain network solution tethered to the relay chain is set to boost the capabilities of decentralized applications.

Polkadot price prepares to climb higher

Five Polkadot Parachain auctions are expected to launch every week until the final auction on December 9. the largest cryptocurrency exchange Binance has announced its support for Polkadot Parachain slot auctions. 

Kusama, a testnet platform for Polkadot blockchain, has successfully implemented 11 Parachain auctions, preparing the blockchain for the upcoming launches. 

Peter Mauric, head of public affairs at Parity Technologies, was quoted,

While there were a few bits of expected chaos along the way, the experience over the past few months deploying parachains on the Kusama project has given us confidence that they are ready for prime time on Polkadot.

Parachains are the core of the developments in the Polkadot project ecosystem: scalability, customization, and the decentralized infrastructure of the blockchain network rely on them. 

Since the announcement of the launch, Polkadot's price has posted over 16% gains. 

Crypto analyst @rektcapital expects Polkadot's price to continue its uptrend

Analysts are bullish on DOT based on the latest announcements and developments in the Polkadot blockchain. analysts have evaluated the DOT price trend line and predicted that the altcoin is primed to hit higher highs if it remains above the price of  $40.

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