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BlockDAG: An Important Step with Beta Testnet Launch Ahead of Mainnet

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by Giorgi Kostiuk

2 days ago


While cryptocurrency prices may fluctuate, what distinguishes projects is their long-term strategy. As Ethereum and XRP face volatility, BlockDAG focuses on infrastructure by launching Beta Testnet ahead of significant steps.

Ethereum's Struggle at the $2,000 Level

Ethereum has reached the symbolic threshold of $2,000 but faces persistent resistance at $2,100. A bullish trend is forming with support at $2,000, but breaking through resistance levels of $2,080 and $2,100 is needed for continued growth. Failure to maintain support could result in a drop to $1,950.

XRP's Current Position Around $2.40

XRP is attempting to hold above $2.40 following recent recovery. Despite breaking key resistance levels, continued growth requires buyer confidence and overcoming levels at $2.45 and $2.50. Weakness may trigger a decline to $2.35.

BlockDAG Hits Major Milestone with Beta Testnet Launch

BlockDAG officially launched its Beta Testnet on March 28 to prepare for its mainnet deployment. The test network supports parallel block processing, EVM compatibility, and real-time transaction tracking. Users and developers can test network capabilities through an extensive incentive system and educational tools.

The development of BlockDAG and introduction of new technologies underscores its focus on long-term usability and high-performance network. This move confirms the project's commitment to creating a sustainable and modern infrastructure in the cryptocurrency market.

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