The first quarter of 2025 revealed notable changes in the crypto market. Chainlink exhibited positive growth while Polkadot faced challenges. A significant event was BlockDAG's announcement during Keynote 3.
Polkadot's Decline: Figures and Reasons
Polkadot (DOT) started 2025 with considerable losses. By April, its price had dropped to $4.01, 11.7% lower than January's start. The market cap fell from $7.1 billion to $6.3 billion, a decrease of 11.3%. Despite active development, Polkadot struggled to attract investor interest due to a lack of significant news.
Chainlink's Growth: Stability and Success
Chainlink (LINK) began the year positively. As of April 4, its price reached $12.78, a 10.6% increase since January, and the market cap grew from $7.6 billion to $8.4 billion. This growth is attributed to Chainlink's integration into DeFi platforms and cross-chain protocols, solidifying its role in the market.
Keynote 3 BlockDAG: What's New?
Keynote 3 marked a pivotal moment for BlockDAG. Rather than typical announcements, the initiative showcased tangible functionality. Key achievements include the successful testnet launch, active smart contracts, and tools allowing the creation of tokens and NFTs without programming experience. User engagement and activity have also seen significant increases.
Q1 2025 demonstrated that success in the crypto market requires not just growth but real progress. Polkadot's decline and Chainlink's ascent illustrate different approaches, while BlockDAG points towards a future focused on genuine achievements.
