Two significant events are unfolding in the cryptocurrency world: XRP targets $3, while BlockDAG reveals a $600M funding strategy.
XRP's Rise and Developer Engagement Challenges
XRP has recently climbed above a crucial resistance point, sparking discussions of a potential rally revival towards $2.80 and possibly $3.00. However, XRP faces a persistent issue of lack of developer engagement, relying on corporate bank adoption rather than a substantial DeFi ecosystem and dApp support.
BlockDAG's Journey to $600M Starts with $208M in Funding
BlockDAG's third keynote marked a pivotal milestone with $208M already secured and a goal of $600M in mind. CEO Antony Turner emphasized that funds are directed towards infrastructure enhancements and a mainnet launch.
A Comprehensive Network Built on a Foundation of Security
Security is at the core of BlockDAG's protocol. Youssef Khaoulaj discussed the robust multi-layered security measures. With a projected transaction speed of 2,000 TPS, aiming to expand to 15,000 TPS within two years.
BlockDAG is poised for both investment attraction and the creation of a vast decentralized economic system. While XRP moves towards $3, BlockDAG lays the groundwork for the future.
