Polkadot Price Surges on Growing Institutional Interest, Seen as Undervalued

• Polkadot (DOT) price seeing bullish momentum and likely further growth due to increasing institutional interest

• DOT receiving higher inflows from institutions compared to major cryptos like Ripple and Cardano

• Polkadot considered undervalued based on its historically low price-to-sales ratio

• DOT price formed a bullish rounding bottom pattern, already halfway to the $12 target

• If bullish momentum continues, DOT could hit $12 target and fulfill pattern; otherwise could drop back to $9.20 support