The cryptocurrency market is experiencing significant shifts. The Pi Network faces delays in launching its mainnet, while Avalanche (AVAX) shows recovery, and BlockDAG is rapidly advancing its plans.
Pi's Mainnet Delay
The Pi Network, which allows users to mine coins via mobile devices, is still awaiting the launch of its mainnet. Currently, the mainnet operates in a closed environment, limiting trading capability and raising doubts among holders about the real value of their assets. Price expectations vary from $0.30 to $0.50 based on market behavior and exchange support.
Avalanche (AVAX) Reclaims Momentum
Avalanche (AVAX) is once again attracting trader attention after its price rose above $34. The rise's semantics are supported by the increase in subnet activity, which allows developers to launch custom chains for various applications. This attracts interest from gaming projects and financial institutions. Should AVAX break the $38-$40 threshold, a revisit of earlier highs could be on the cards.
BlockDAG Hits $309.5M with Rollout Plan
BlockDAG continues its success strategy with $309.5M raised in six weeks, actively launching DeFi tools, bridges, and apps. Key parts of the launch are set to occur before listings go live. The project benefits from 20 confirmed listings and strong community support already reflecting substantial sales volumes.
In light of current events, Pi struggles with its mainnet launch, while Avalanche shows recovery, and BlockDAG is moving forward aggressively. Interest in new projects due to developmental momentum is already sparking trader expectations.
