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Crypto Shifts: Solana and Cardano at Crossroads, BlockDAG Strengthens Security

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by Giorgi Kostiuk

2 days ago


Recent market shifts have prompted strong reactions among key crypto players. Solana (SOL) struggles with resistance at $150, while Cardano (ADA) shows signs of cooling after an impressive rally.

SOL Price Faces Resistance at $150

Solana's (SOL) price is hovering near a key resistance around $150. Recent trading action peaked at $149.73, followed by pressure that pulled the price back. Although a golden cross hinted at an upward breakout, resistance at $150.68 held firm, keeping the price in a volatile range. Technical charts indicate SOL must remain above the $140.17 support mark for any further upside.

Cardano ADA Price Drop as Market Volume Shrinks

A steady price drop for Cardano (ADA) continues, with the current value at $0.9427—down 0.19% over the past 24 hours. During this time, daily trading volume has decreased sharply by 30.61% to $3,501,938,446, suggesting a slowdown in market activity. When both price and volume fall together, it often hints at a change in overall market direction.

BlockDAG Boosts Security Measures with Bug Bounty

BlockDAG has launched a Bug Bounty Program to encourage cybersecurity experts to discover and report potential vulnerabilities. To strengthen the initiative, BlockDAG is partnering with platforms like HackerOne, Immunefi, and Sherlock. The program will initially operate privately, allowing a select group to thoroughly test the network before its public release. This approach allows for focused checks before any public rollout. BlockDAG is offering significant BDAG rewards to ensure system reliability.

While Solana and Cardano remain in a state of uncertainty, BlockDAG continues to gain momentum through enhanced security measures and successful coin sales. These changes create new dynamics and require close attention from market participants.

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