BlockDAG's presentation captured attention amid the struggles of Ethereum and XRP. This article explores BlockDAG's achievements and the current market condition.
BlockDAG Reaches New Heights
BlockDAG stands out as it raised $212 million without relying on venture capital. So far, they have released 19.1 billion coins, resulting in a 2,380% price increase since the presale started. The testnet is already processing over 1.2 million transactions and includes more than 100 active nodes.
The Significance of BlockDAG's Success without Institutional Investment
The growth of BlockDAG without the backing of major financial institutions demonstrates interest from regular users. Achievements such as launching simple tools for creating NFTs have contributed to the increase in user numbers and transaction volumes, making BlockDAG one of the most discussed projects in the crypto space.
Current Trends of Ethereum and XRP
Ethereum remains under pressure, trading between $2000 and $2120, while XRP cannot break through the $2.20 level. Ethereum shows potential for growth to $2500, but risks falling to $1500 if support is lost. XRP, in turn, may experience further declines if the price drops below $2.10.
Despite the current market difficulties, BlockDAG shows sustainable growth and real achievements, making it a compelling option for future observation. Ethereum and XRP need increased activity to regain their positions.
