Hard cap vote boosts Polkadot price ahead of JAM upgrade
Polkadot price remains near $4 as the community votes on three tokenomics proposals: hard cap, soft cap and growth models. The leading hard cap plan would cap supply at 2.1 billion DOT and cut inflation by over 50%, potentially lowering staking yields but easing sell pressure. Gavin Wood’s proposed Join-Accumulate Machine (JAM) upgrade, slated for 2026, aims to turn Polkadot into a decentralized supercomputer for DeFi and other applications. Technical indicators—a golden cross between the 50-day and 200-day moving averages and a double-bottom at $3.26—signal bullish momentum. Traders should watch the vote outcome and the JAM upgrade timeline for key price catalysts.
Bullish
Polkadot price is likely to trend higher as the community vote favors the hard cap proposal, which would tighten supply and cut inflation, reducing selling pressure from staking rewards. Historically, similar supply-limiting measures—such as token burns on other networks—have led to price gains. The approaching golden cross pattern and double-bottom formation further support a bullish outlook. The forthcoming JAM upgrade adds a fundamental catalyst by expanding Polkadot’s use cases. In the short term, vote results could trigger volatility and price spikes, while in the long term, improved tokenomics and network upgrades should enhance scarcity and demand, sustaining upward momentum.