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Analysis of Near Protocol and Solana Prices: What Investors Should Know

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by Giorgi Kostiuk

3 hours ago


The cryptocurrency market is experiencing an interesting situation with Near Protocol and Solana, while the new project BlockDAG draws attention.

BlockDAG: A New Player in the Market

BlockDAG is planning to launch its miners in July, which analysts believe could be a pivotal moment for the project. With successful fundraising of $318.5 million out of a planned $600 million, BlockDAG is showing its readiness. The early launch of network operations and active coin sales are already strengthening its market position.

Near Protocol News: Network Activity

Despite a recent price drop to $2.23, Near Protocol demonstrates high activity. The network remains the second-most active Layer-1, with 46 million monthly users. Current technical changes and DeFi integration are attracting developers' attention, indicating further growth opportunities.

Solana's Price Status: Stagnation

Following a recent drop, Solana's price has fluctuated between $145 and $152. Analysts expect that a breakthrough at levels $158 and $161 may lead to further growth, although stability is observed at the moment. Technical indicators signaling slight upward momentum suggest participants continue to monitor developments.

The situation with Near Protocol and Solana indicates potential future prospects, despite the current lack of clear growth signals. The emergence of new projects like BlockDAG could add dynamics to the overall market.

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