Polkadot Price Rally Driven by Upcoming Halving Event and ETF Filing Rumors

The Polkadot (DOT) price has experienced a significant surge in recent hours, with a gain of 16.9%. This outpaces the broader crypto market's growth rate of 4.54% over the same period.

The reasons behind this rally are multifaceted and timely. Speculation surrounding the upcoming network milestone is a key factor, as the platform prepares for its first-ever 'halving' – a 50% reduction in inflation scheduled for March 14, 2026. This event has sparked widespread bullish sentiment among investors, who view it as the start of a new 'scarcity era' for DOT.

Additional fuel is being added to the fire by rumors of potential ETF filings for DOT by institutional firms like Grayscale and 21Shares. This anticipation is further amplified by a sector-wide rotation into altcoins, with the Altcoin Season Index surging over 35 points in the past week.