Cardano, Polkadot ( $1.26 ) Jump as Bitcoin ( $66,577.00 ) Holds Above $50K

Parachains are distinct blockchains that run atop the main Polkadot ( $1.26 ) blockchain. Polkadot ( $1.26 ) , however, has a limited number of slots that can support such parachains, meaning winning slots are subject to a community-run auction that uses DOT to vote for slots, leading to increased demand for the cryptocurrency.