Recent changes in the crypto market are linked to the activity of large investors and breakthroughs among major projects. BlockDAG is raising funds, while Uniswap and AAVE are demonstrating significant growth.
BlockDAG’s Growth Through Referral Program
BlockDAG is attracting market attention with a presale that reached $290 million. A total of 22.1 billion coins have been distributed, and the number of active users on the platform exceeds 1.5 million. The main driving force behind the growth is the referral program, allowing users to earn from attracting new participants.
Uniswap’s Success Amid Whale Activity
Uniswap is showing noticeable growth due to increased activity from large investors. Over the last month, the number of trades above $1 million has increased by 200%, indicating a growing interest from institutional investors. The price of UNI rose from $6.45 to $7.00, marking a 10.5% single-day increase.
AAVE’s Prospects Ahead of the Umbrella Upgrade
AAVE is rebounding, gaining 135% since April. The platform has seen a 24% increase in total value locked to $25.5 billion. The upcoming Umbrella upgrade offers new earning potentials, which could bolster user confidence and expand participation.
The crypto market is showcasing active user participation and increasing institutional interest. BlockDAG, Uniswap, and AAVE are prime examples of successful projects adapting to changing market conditions.