Polkadot (DOT) has experienced a significant 41% price surge, driven by anticipation of its upcoming halving event and potential ETF filings. The halving, scheduled for March 14, 2026, will reduce Polkadot's annual token issuance by over 50%, transitioning it to a deflationary model. This scarcity narrative is bolstering bullish sentiment among investors. Additionally, speculation around potential Polkadot ETFs from institutions like Grayscale and 21Shares is fueling market excitement. The price of DOT recently broke above the daily 20 EMA and horizontal resistance at $1.40, with strong support at $1.23, attracting momentum buyers. Analysts note this move as a combination of supply reduction, demand increase, and technical breakout, though caution that rapid price increases can lead to swift retracements.