Polkadot nears $1.50 resistance as March 12 tokenomics reset and ETF drive focus

Polkadot traded in a narrow band close to $1.50 on March 10, with buyers attempting to turn this zone into support ahead of a scheduled tokenomics overhaul on March 12. The update will introduce a 2.1 billion hard cap and target a 53.6% emissions reduction, while the launch of the first US spot Polkadot ETF has added to bullish sentiment. Technically, bulls are watching resistance between $1.50 and $1.67, with a failure to defend $1.50 leaving key support near $1.22 exposed.