In Q3 2023, the crypto landscape is witnessing increased activity. Network updates and potential price shifts in top altcoins are drawing investor attention.
ADA Price Analysis and Potential Growth
Recent ADA price analysis reveals that Cardano is approaching a significant resistance level maintained for 230 days. The past six weekly closures demonstrate a bullish pattern, indicating a potential for a 170% increase. Should Cardano break the $1 barrier, it could signal the start of a stronger price cycle for the remaining part of 2025.
HBAR Outlook Ahead of Network Upgrade
Hedera's mainnet is set to upgrade to version 0.63 on July 23. This upgrade includes optimizations such as MerkleDB tuning and fee throttling. Notably, it is expected that key features like smart contracts and staking will remain unaffected. HBAR doubled its value in July, rising from $0.15 to $0.29, although future price movements will depend on broader market trends.
BlockDAG’s Infrastructure Phase Moves from Test to Action
BlockDAG is transitioning into an active infrastructure phase, having launched its public testnet, which allows users and developers to test smart contracts in real-time. Over 4,500 builders are working on more than 300 real-world projects, including DeFi tools and AI applications. With $351 million raised, BlockDAG is simplifying development processes, contributing to its growth trajectory.
The ADA price analysis suggests strong growth potential while HBAR remains neutral ahead of its network upgrade. BlockDAG continues to progress with active projects and significant funding, reinforcing its position among top altcoins.
