Polkadot Booms: Acala Unveils 2023 Roadmap, 200+ Developers & Rising

• Acala, a decentralized finance network on Polkadot, released its roadmap for 2023.
• Electric Capital’s annual report revealed that Polkadot had expanded to over 200 full-time developers in just over two years.
• DFG’s report revealed that there was a rise in the number of Polkadot mainnet validators during the last year, with on-chain metrics responding positively.

Acala, the decentralized finance network on Polkadot, recently unveiled its roadmap for the year 2023. The roadmap provides insight into the team’s plans for the next 6-12 months, with a focus on engineering and growth in areas such as security, governance, and product development.

The news was welcomed by the community, who have been keeping a close eye on the progress of Polkadot. This was further emphasised when Electric Capital’s annual report was released on 18 January, which revealed that Polkadot had increased its network of full-time developers to over 200 in just over two years. This is an impressive feat, considering that the same process usually takes over four years.

The report also showed that the number of Polkadot mainnet validators had risen significantly in the last year. This was further confirmed by DFG’s latest report, which revealed that on-chain metrics had responded positively to the updates. These positive sentiments around DOT remained stable over the week, indicating the community’s trust in the network.

Acala’s roadmap for the year 2023 is expected to help Polkadot reach new heights this year, while also adding significant value to the network. It remains to be seen how the network fares over the coming months and years, but the outlook is certainly encouraging.