Polkadot has released its Version 1.1.0 with significant changes aimed at improving the network’s performance and functionality. One notable change is the consolidation of multiple repositories into a single monorepo called “polkadot-sdk,” simplifying development, deployment, and maintenance. The update also ensures compatibility with specific versions of the Rust programming language compiler. The release showcases Polkadot’s growing importance in the Web3 ecosystem. Additionally, the Staking Dashboard is gaining popularity among users, indicating increased awareness and engagement in staking within the network.

AI Sentiment: Positive