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Crypto News: Solana Shows Potential for Rally, Ethereum Aims for $5K, and BlockDAG's Mobile Mining Success

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by Giorgi Kostiuk

7 hours ago


The crypto market is witnessing significant changes. Notably, Solana is showing signs of a rally, Ethereum is facing uncertainties, and BlockDAG is gaining attention for its mobile mining.

Solana Signals Indicate Potential Growth

Recently emerged rally signals for Solana have caught analysts' attention. A TD Sequential signal appeared on the hourly chart, suggesting a possible move into the $185–190 range. ETF inflows also back this view, with $13 million added in one day. If the current positive trend persists, SOL could reach $250. A break of resistance at $210 would open the path to $360.

Ethereum: Balancing Risk and Reward

The situation with Ethereum is complex due to mixed flows and whale activity. Last week saw inflows of $2.8 billion, but there were also outflows of $1.73 billion over three days. Despite this, larger asset holders are showing optimism, aiming for a breakout above $4,336. Characteristic technical patterns open the possibility for further growth towards $4,400–$4,800.

Success of BlockDAG's Mobile Mining

BlockDAG stands out among other projects thanks to its mobile approach, enabling over 2.5 million users to be miners. Recorded results showed fundraising of over $381 million, indicating growing user interest in regions where mobile access prevails. This mobile mining model stimulates demand and lays the foundation for sustained growth.

In summary, currently, Solana demonstrates potential for growth, Ethereum balances between risks and opportunities, while BlockDAG, focusing on mobile mining, shows significant success with over $381 million raised. These factors highlight the active dynamics of the crypto market.

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