The cryptocurrency markets are once again capturing investor attention. Solana and Algorand are demonstrating solid growth, while BlockDAG is drawing interest through its bonus program.
BlockDAG and Its Bonus Program
BlockDAG has launched a referral bonus program offering 25% rewards for every user brought in, along with a 5% bonus for invitees. This offer is accompanied by a limited-time price of $0.0016 until August 11. As of now, BlockDAG has raised over $342 million and sold 23.9 billion coins.
Solana and ETF Expectations
Solana (SOL) is back in focus for investors amid growing expectations surrounding ETF approvals. Analysts have set a price target near $300. The current price of SOL is around $162, with trading volume exceeding $6 billion. The main driver is a 99% probability of spot ETF approval, which could lead to significant capital inflows.
Algorand: Growth and Real-World Utility
Algorand (ALGO) has seen a sharp rise of 57% in just one week, reaching $0.29 before slightly retracing to $0.27. This growth is supported by a 30% increase in daily transactions, totaling 5.8 million. Additionally, the demand for the USDC stablecoin on the network jumped by 94%.
The crypto market continues to evolve, with Solana and Algorand increasing their popularity, and BlockDAG offering innovative ways to attract users through bonus programs. These factors create favorable conditions for continued growth.
