$DOT +9.2% today — what's driving it?

Considering DOT's recent performance, this 9.2% surge seems more like a dead cat bounce than a genuine recovery. I'd be wary of calling this a trend reversal just yet.

I'm still trying to get a handle on what moves DOT. Is it usually driven by broader market sentiment, or are there specific Polkadot ecosystem developments that tend to have a bigger impact?

Considering the broader market sentiment, a 9% move isn't unheard of, especially in crypto. I'd be looking for significant volume to back up any real conviction, not just a daily blip.