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Challenges for Avalanche and Ethereum: BlockDAG and SpaceDev's New Opportunities

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by Giorgi Kostiuk

4 hours ago


The crypto market faces challenges as Avalanche (AVAX) struggles to stay above $19, and Ethereum delays the Pectra upgrade due to issues with the Sepolia testnet. Amid these events, BlockDAG is showing growth thanks to its collaboration with SpaceDev.

Avalanche (AVAX) Bearish Signals

Avalanche (AVAX) is fighting to maintain its position above $19. Around 80% of holders are still underwater, adding pressure to the price. A decline in buying interest could potentially push the price lower if AVAX fails to hold this level.

Issues with Ethereum's Sepolia Testnet

An error on the Ethereum Sepolia testnet caused delays in the Pectra upgrade. A flaw in the deposit contract led to empty blocks being mined. Developers quickly resolved the issue, but the Pectra upgrade was postponed for further verification.

BlockDAG & SpaceDev Partnership Boosts Scalability

BlockDAG's recent partnership with SpaceDev is driving technological growth and increasing buyer confidence. The reputation of SpaceDev supports BlockDAG's push, with its presale already reaching $205 million.

The crypto market is experiencing volatile times: while Avalanche (AVAX) and Ethereum face challenges, BlockDAG is gaining strength through its partnership with SpaceDev, accelerating adoption and building trust within the community.

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