The article analyzes the next steps for three key crypto projects: BlockDAG, Binance Coin (BNB), and Hedera (HBAR), and their market outlook.
BlockDAG and Developer Events
BlockDAG plans to hold four global developer events in partnership with HackerEarth, attracting between 10,000 and 15,000 developers. These events aim to create over 200 decentralized applications (dApps), potentially increasing demand for BlockDAG coins, as they will be used for transactions and network operations.
BNB's Recovery Paths and Projections
The Binance Coin (BNB) price shows a mixed view following the departure of Binance’s former leader. In the long run, analysts see growth potential due to BNB’s usage within the Binance ecosystem and its deflationary model. Projections by 2031 see BNB reaching up to $4,612.24.
Hedera's Role in SWIFT Partnership
The Hedera price has risen by 10% following the announcement that the global payment network SWIFT plans to use Hedera's blockchain in North America, Europe, and Asia. This partnership could greatly increase the usage of the Hedera network if the $0.23 support level remains strong.
Each of the considered projects has its unique growth prospects. BlockDAG with its increase in decentralized applications and strong presale start, BNB with long-term price growth prospects through Binance's ecosystem expansion, and Hedera with a major partnership with SWIFT, have the potential to hold strong positions in the market.
