With 2021 less than 24 hours away, Polkadot creator Gavin Wood said the project has built up a head of steam heading into the new year. In a 2020 roundup published on Wednesday, Wood highlighted Polkadot’s (DOT) rise to become the number-one crypto for staking, based on the volume of staked tokens.
According to Staking Rewards, over 63% of the 1.02 billion DOT token supply is locked in staking wallets. This percentage amounts to about $5.2 billion in staked DOT “coins” based on the current token price.