A LOOK AT POLKADOT IN 2024

Summary from the TLDR Crypto newsletter

Polkadot, once hailed as an “ETH Killer” and the fifth most valuable crypto, has lost mindshare and developers over the past few years. However, the protocol has continued iterating, and has recently introduced upgrades to enhance scalability. It boasts strong decentralization metrics and active development. While it has struggled to meet early hype, and has received criticism for spending nearly $100 million on marketing, legitimate projects building Parachains could keep its vision alive.