Polkadot starts slow with smart contracts

2026-02-05 03:29:11

Abstract generation in progress

Polkadot has just launched smart contract support, but only 19 contracts were deployed in the first week, significantly lower than platforms like Ethereum or Solana.

According to NS3.AI, the development team is prioritizing building a solid technical foundation rather than chasing short-term growth. The project expects the number of contracts to gradually increase as new integrations are added and developer incentive programs are implemented.

However, the slow adoption rate coupled with the significant decline in the DOT token price is putting pressure on the ecosystem. Polkadot is currently aiming to attract Ethereum developers through compatible solutions, but this strategy has also faced some skepticism from industry experts.

DOT-5,23%

ETH-7,98%

SOL-7,48%

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