Recent data shows positive trends in the cryptocurrency market, particularly for Avalanche (AVAX) and Toncoin (TON). Both projects demonstrate growth and user engagement, although they have not reached the levels displayed by BlockDAG.
BlockDAG Market: Successes and Sales
BlockDAG continues to gain traction, having raised over $303 million in its presale phase. Currently, over 22.4 billion coins have been sold, and the project actively develops its mobile mining app, with a successful audit carried out by CertiK.
AVAX Forecast Support: Transaction Growth
Short-term forecasts for Avalanche (AVAX) look promising due to rising transaction activity. Since May, daily transactions have increased by 275%, positioning Avalanche among the most active Layer 1 networks. Technical analysis also shows positive signals with a breakout from a downtrend.
Current State of Toncoin: Support and Potential
Toncoin (TON) maintains a strong position with support at the $3.30 level. Approximately 740 million TON are held across more than 1.21 million wallets in the $3.24 to $3.30 range, which helps reduce risks. However, a drop below $3.24 could indicate a retreat to the $2.80–$3.00 area.
Both AVAX and TON exhibit positive changes in the market, fostering optimism among investors and users. However, BlockDAG continues to lead with its active ecosystem and accessibility for users.
