As Q1 wraps up, the crypto market sees attention with new developments. Kaspa's decline, Ethereum's new upgrade test, and BlockDAG's presale success are the main topics this week.
Can Kaspa Rebound After a 40% Crash?
Kaspa (KAS) faced a difficult February, dropping 40% from $0.13 to $0.078, breaching a 14-month support level. After an attempted recovery in early March, KAS now encounters resistance at $0.098. There's a risk of further decline to $0.05, where strong support lies. Simultaneously, a temporary stability might be found at $0.064. A market sentiment shift could push KAS back to $0.13, but its future remains uncertain for now.
Ethereum’s Pectra Upgrade Hits Sepolia
The Pectra upgrade, launched on the Sepolia testnet on March 5, aims to enhance Ethereum's scalability, security, and user experience. Key updates include raising validator stake limits from 32 ETH to 2,048 ETH and enhancing rollup scalability. Early testing revealed minor issues, such as empty blocks due to a custom deposit contract bug. Developers are working to resolve these before the mainnet launch expected in April.
BlockDAG’s $202.8M Presale & 400% Bonus Offer Draws Interest
BlockDAG’s presale exceeded $202.8 million, becoming one of the fastest-growing decentralized projects. The BDAG800 offer delivers a 400% bonus on BDAG purchases, driving demand. Early adopters have seen a 2,380% ROI. With BDAG priced at $0.0248 in Batch 27, analysts project a rise to $1 by 2025, presenting a potential 3,932% ROI. BDAG’s listings on major exchanges further fuel interest.
Kaspa (KAS) remains under pressure despite recovery attempts, while Ethereum's upgrade awaits full deployment in April. BlockDAG's presale showed impressive results, making it a top discussed decentralized project.
