The Polkadot Blockchain Academy recently launched its fifth cohort in Singapore, aiming to nurture developer talent in the region. With 184 lecture hours and 18 experienced instructors leading the program, participants can expect to receive top-tier guidance and gain a deep understanding of Polkadot and blockchain technology. Modules in the program include Smart Contracts, Governance, Economics, and Polkadot-SDK. Pauline Cohen Vorms, the CEO and Co-Founder of Polkadot Blockchain Academy, highlighted Asia as a dynamic market for blockchain and especially for Polkadot. The establishment of PBA’s fifth cohort in the region aims to educate, seed knowledge, and help graduate a new wave of talent in the blockchain space.
One of the recent updates in Polkadot’s ecosystem is the introduction of Asynchronous Backing, which offers an optimized approach to how parachain blocks are validated by the Relay Chain. This upgrade has resulted in blocks being produced twice as fast, with an increased availability of blockspace by 6-10 times. Additionally, Polkadot has partnered with Founder Institute to launch the first Web3 cohort in its Core Program, starting on May 28. The initiative will be led by experts from the Polkadot community, marking a strategic collaboration to support the growth of blockchain and Web3 startups.
Despite the advancements in Polkadot’s ecosystem, the price of its native cryptocurrency, DOT, remains steady at around $7. Some analysts have mixed predictions for DOT’s future price movements. Analyst Crypto_X100_Hunter believes DOT is poised for a rally and envisions a price surge in the range of $75-$100 if the market turns bullish. On the other hand, Block Diversity and Altcoin Sherpa have differing views. Block Diversity expects the price to take off as long as DOT remains above the $6.90 mark, while Altcoin Sherpa believes that DOT may experience a bull run but not as substantial as other analysts predict.
The Polkadot Blockchain Academy’s efforts to nurture developer talent in Singapore and the advancements in Polkadot’s ecosystem, such as the introduction of Asynchronous Backing and the partnership with Founder Institute, showcase the project’s commitment to innovation and growth in the blockchain space. While the price of DOT remains steady, analysts have varying predictions for its future price movements. As Polkadot continues to evolve and expand its ecosystem, it will be interesting to see how its native cryptocurrency, DOT, performs in the market.
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