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Blockchain and Cryptocurrencies: Ethereum, Solana, and BlockDAG's Success

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by Giorgi Kostiuk

4 hours ago


The cryptocurrency market is experiencing significant price fluctuations, while some projects are taking proactive steps toward success. In particular, Ethereum and Solana face challenges, while BlockDAG shows promising growth.

BlockDAG Surges Ahead Amidst Other Cryptocurrencies

The BlockDAG project is actively developing its products, reporting mining equipment releases. To date, they have raised $313.5 million and sold 22.9 billion coins. The stated price in the current distribution round is $0.0276, with a new U.S. partner expected to be announced soon.

Ethereum Awaiting Breakout Resistance

Ethereum is trading in the range of about $2,500, with a potential small rise to $2,540–$2,550. If the support level breaks, there is a risk of falling to $2,260. Main targets remain in the $3,100–$3,600 range.

Solana's Situation: Battling for Support

Solana's price recently dropped 13% to around $142 amidst heightened selling pressure in the market. With the current support level between $143 and $144, if it cannot hold, further declines may follow. Recovery may only occur if it reclaims the $150–$155 range.

In summary, Ethereum remains in a state of uncertainty, Solana is fighting for support, and BlockDAG is making significant strides with new developments and financial success.

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