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Analyzing the Growth of Tron, Chainlink, and BlockDAG Amid Market Changes

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by Giorgi Kostiuk

4 hours ago


Tron continues its bullish momentum with increased memecoin activity and USDT transaction leadership. Chainlink remains steady at $17.30, while BlockDAG prepares for its 2025 testnet.

Tron on the Path to Recovery

Despite Tron currently being 47% below its 2024 peak, the project shows signs of recovery. Within Tron's ecosystem, increased activity is evident, including a 77% surge in Sundog activities. In tandem, memecoins like Tron Bull Coin and Suncat have performed strongly. Tron’s dominance in USDT transactions, reaching $100 billion daily, significantly bolsters its bullish momentum.

Chainlink Value and Supply Decline

Amid ongoing market fluctuations, Chainlink remains steady at $17.30. Decreased exchange supply heightens scarcity, potentially leading to price increases. Currently, resistance is set at $19, and if buying momentum persists, LINK could ascend to $21.

BlockDAG: Testnet and Future Plans

The recent BlockDAG AMA unveiled key projects for 2025. The March 2025 beta testnet, a $30 million grants program, and team strengthening with experienced professionals are part of these plans. BlockDAG's presale gains momentum, approaching $200 million.

The crypto market remains dynamic: Tron strengthens with memecoin activity, Chainlink maintains stability through supply scarcity, and BlockDAG prepares for an active development phase.

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