The crypto market continues to show dynamic changes linked to various projects and their impact on overall trends. This review highlights the growing activity of Tron and Solana, as well as unique aspects of BlockDAG.
Tron Price Gains Momentum With Stablecoin
Tron's recent price rally gained momentum following the launch of the USD₁ stablecoin by World Liberty Financial Inc. This event helped push TRX up by around 6%, breaking resistance near $0.2875 and nearing $0.2920. Investment data also showed positive changes, with the total value locked exceeding $5 billion, and open interest in derivatives rising about 8%.
Solana Stays Bullish Despite Short Pullback
Solana maintains a strong outlook even after a 3.8% dip caused by DeFi Development Corp's SEC filing of $1 billion. Despite this, technical signs point to the possibility of a rebound. A breakout above $155 could lead prices to $164. Furthermore, Bloomberg notes a 90% chance of Solana ETF approval in 2025.
BlockDAG Converts User Engagement Into Real Coins and Value
BlockDAG offers its users a unique opportunity to convert their mining points earned through the X1 App into BDAG coins. This allows users to see real value from their interactions with the platform, which will continue to grow even after listing on exchanges. The number of active users on the X1 app has already surpassed 2 million, indicating growing interest in this project.
While short-term price swings attract much attention in the crypto world, long-term winners are often determined by real-world use and trust. Current trends in Tron and Solana strengthen the belief in their future, while BlockDAG's innovative approach to involving users in value creation sets it apart from other projects.