The cryptocurrency space is witnessing significant fluctuations among leading coins. BNB demonstrates positive indicators after recent updates, while Toncoin faces challenges, and BlockDAG actively attracts developers' attention.
BNB's Status After Updates
BNB shows a strong upward trend after the completion of the Lorentz testnet upgrade. Now opBNB blocks are processed in just 0.5 seconds, significantly increasing transaction speed. The price recently broke past $579, on track to reach key resistance levels at $590 and $640.
Toncoin: Volatility and Risks
Toncoin is experiencing a volatile period, especially after a sharp 30% price drop due to large holder exits. Currently, the price hovers around $2.90, and if it falls below $2.4, the next support level may be $1.84.
BlockDAG's Rise and Hackathon Initiative
BlockDAG is attracting significant attention with a $30 million grant pool for developers and has already raised $214 million in its presale. This sets the stage for major hackathons, providing participants with the opportunity to develop applications on high-speed architecture.
While BNB aims for new highs, Toncoin continues to face market challenges. Meanwhile, BlockDAG is showing activity and attracting new developers, which could significantly alter the balance of power among cryptocurrencies.
