Amid current volatility in the cryptocurrency market, major coins like Cardano and Solana are facing significant challenges. Meanwhile, BlockDAG Network is drawing attention due to its functional offering.
Cardano's State: Battling for the $0.50 Level
Cardano (ADA) is under pressure as it fights to hold the $0.50 level amidst a broader downturn in the crypto market. After falling 4.38% to $0.51, ADA risks a deeper slide if it fails to maintain key support.
Solana's Plunge to $95 and Its Future
Solana (SOL) has dropped 18% in the last 24 hours, falling to $95 under market pressures. Since January, SOL has lost over 60% of its value due to liquidations. Analysts warn that failure to hold the $95.25 support may lead to further declines.
BlockDAG: A No-Code Solution for Crypto Projects
BlockDAG Network is gaining attention with its new beta testnet featuring a no-code tool for creating crypto projects. This approach lowers access barriers, allowing users to launch projects without programming knowledge, demonstrating its practical applicability.
Despite the challenges faced by established players like Cardano and Solana, the emergence of functionally oriented projects like BlockDAG opens new horizons for crypto investors and developers.
