The crypto market displays various trends. Dogecoin and Cardano are facing issues, while BlockDAG is actively gaining traction.
Dogecoin's Struggles and Recovery
Dogecoin (DOGE) remains fluctuating above the $0.21 level, holding $0.208 as a base. Recently, trading volume increased by 75% after over 100 million DOGE changed hands via large transactions. However, DOGE faces pronounced resistance between $0.23 and $0.25, complicating further growth.
Cardano and ETF Prospects
Cardano (ADA) has gained attention due to rising optimism surrounding potential ETF approval in 2025. Data shows the probability of approval has risen to 87%. Analysts believe a green light could significantly increase ADA's capitalization and enhance its status alongside Bitcoin and Ethereum. Projections suggest possible price growth to $1.50–$2.00, especially if the ETF gets approved, though SEC has not yet approved any non-Bitcoin/Ethereum ETFs.
BlockDAG's Success Against Competition
BlockDAG (BDAG) is achieving success, raising over $404 million in its presale. Interest in BDAG continues to grow thanks to the upcoming Singapore event and the updated Dashboard V4, which offers users new features. The presence of major whale purchases is also increasing attention to the project.
While Dogecoin and Cardano face specific challenges like price resistances and ETF expectations, BlockDAG is demonstrating key growth drivers, making it one of the most interesting projects in the market.
